218 7th Street

Retail-Commercial for Sale
Catylist Listing ID: 30445755
Property Subtypes: Mixed Use
Building Size (RSF): 9,900 SF
Gross Building Area: See Agent
Gross Land Area: 6,911 SF
Sale Price: $114,900
Unit Price: $11.61 PSF
Ceiling: 12 ft.
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2019

Overview / Comments

Mixed use building located in Midtown District.1st floor built out as office, currently occupied. 2nd and 3rd floor need rehab, 6 apartments, 2 studio, 2 one-bedroom, 2 two-bedrooms. Parking available rear of the building. Great opportunity in Rockford's up and coming downtown area.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $4,695 (Annual)
Assessed Value - Total($) $32,904 (Annual)

Current Tenants

Tenant Business Name Shelter Care
Is Renting? Yes

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1126233006
Tenancy: Single Tenant
Year Built: 1909
Parking Type: Surface
Zoning Description: C4
Legal Description: PLAT OF SUBD LOTS 6-7-8+9 BLK 28 + LOTS 1-2+8 BLK 29 GREGORYS ADDN N 44 FT LOT 006 BLOCK 029

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,291 114,828 192,136
Median Age: 33.6 34.7 37.7
Households: 8,428 44,702 76,325

Contact

© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northern Illinois Commercial Association of Realtors (NICAR) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.