Income investment opportunity! 4 unit building for sale with incredible potential- 2 1-bedroom units and 2 studio units. Currently vacant, waiting for finishing touches and tenants. Opportunity awaits, don't miss out!
Mixed use property, 3 commercial spaces and 3 apartments. Roof replaced 2017, Furnace and Central Air 2024, Apartment electrical panels2022, Gas forced air and AC for 1st floor barber shop, Window air and boiler for 1st floor HVAC/Electrician Office, Window air and boiler for upstairs apartments, Owner covers Water, sewer, and gas for heat, Apartments over gas for kitchen, Elec metered separately: all apartments and all commercial spaces. Agent Owned. Barber shop 1002 & 1004 East State St - Rent is $700 per mth w/ a $75/mo utility charge, HVAC office 103 Hall St - Rent is $300 per mth w/ a $50/mo utility charge, Apart 101 Hall St: Apart 1: 2 bed Vacant / last rented for $800 w/ a $50 utility charge, Apartment 2: studio 1 bath Occupied & rented through May 2025.$600/mo plus $50 utility charge, Apart 3: 1 bed 1 bath Occupied & rented through May 2025. $700/mo plus $50 utility charge.
Two-story brick duplex located a block away from Keye-Mallquist Park. 2 Bedrooms and 1 Bathroom in each unit. Both units are currently rented at 750 a month. Excellent investment opportunity.
Rockford is located in Illinois. Rockford, Illinois has a population of 148,942. Rockford is less family-centric than the surrounding county with 22.48% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in Rockford, Illinois is $47,002. The median household income for the surrounding county is $57,779 compared to the national median of $69,021. The median age of people living in Rockford is 37.6 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.1 inches per year, with 35.1 inches of snow per year.