Office Building plus Apartment Unit

Office for Sale
Catylist Listing ID: 30346063
Property Subtypes: Mixed Use
Building Size (RSF): 2,107 SF
Gross Land Area: 3,572 SF
Sale Price: $129,900
Unit Price: $61.65 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/1/2018

Overview / Comments

Please contact the agent for more information about this listing.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $3,214 (Annual)
Potential Rental Income $1,850 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Rockford Township
Tax ID/APN: 12-30-354-001
Zoning: C3
Property Located Between: Broadway and 13th Ave
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1925
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: The exterior is brick with siding. Large windows in office/retail area. The roof is gable style with a flat roof on front over office/retail area.
Parking Type: Surface
Parking Description: Off Street
Total Parking Spaces: 4
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: Great investment located on a high traffic street. The building is well maintained. Newer shingles on slanted roof and newer rubber membrane on flat roof. Office space is on the main level facing 20th ST with Approx 800 sq ft with tile flooring and lots of lighting. Separate bathroom, central air and GFA furnace. Previous tenant had a Beauty Shop. Rear office space consists of 2 spacious rooms. Currently a Realtor Office. Upper level is currently a 1 bedroom apartment with 1 Bedroom, Living Room, 1 bathroom, kitchen and storage room. Basement. A total of 2 central air units & 2 GFA furnaces.
Zoning Description: C3
Lot Frontage: 52.9
Lot Depth: 68
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LINCOLNS SUB PT SW 1/2 SEC 30-44-2 ANXD TO CITY OF RFD 5/24/26 EXC E76FT ALL LOT 005 BLOCK 003

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,390 106,858 188,127
Median Age: 33.36 35.55 37.89
Households: 6,880 41,891 74,955

Contact

Photograph of Listing Agent

Victor Nafranowicz

HOMEOWNERS CONCEPT ICEx Member
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