Rockford, IL 61107,218 N 4th Street
Rockford, IL 61107,218 N 4th Street
Rockford, IL 61107,218 N 4th Street
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$387,000
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Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12325476

Year Built 1900

Annual Tax Amount $7,671

Tax Year 2023

Lot Dimensions 68X165

Property Sub-Type Multi Family 5+

Property Description

This 10 unit building is a real money maker. All units are rented to month-to-month tenants. Yearly income $68,460 but could be higher. The attached 2 story home has 3 units, one 2 bedroom and the other 2 have a one bedroom with small office. Newer roof and furnaces. Water heater about a month old. The other building has one studio apartment and the rest all one bedrooms and 6 one bedrooms, most of them remodeled. Roof was done less than 3 years ago. All units have electric heat and AC in the wall. Parking is unassigned and shared plus there's plenty of street parking. New blacktop. There's a heated 2car garage with workshop, 1/2 bath, utility sink and lots of storage. Building to be sold as a package with 212 N 4th St. Rockford IL 61107. All room sizes are approximate.

Location

State IL

County Winnebago

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true


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Listed by Adam Carlson • Ultimate Realty Inc.

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agent

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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218 N 4th Street