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More Information OnlineMore Information Onlinehttp://www.cmcpex.com/listing/30661832
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Listing ID: 30661832Status: ActiveProperty Type: Multi-Family For SaleMulti-Family Type: Duplex/FourplexSize: 2,413 SFSale Price: $995,000Unit Price: $49,750 Per UnitSale Terms: Cash to Seller
Overview/CommentsOverview/CommentsTHIS PORTFOLIO CONSISTS OF 5 SINGLE FAMILY UNITS, 1 THREE FAMILY AND3 FOUR FAMILY APARTMENTS. THIS PORTFOLIO COULD GIVE AN INVESTOR APOSSIBLE INTERNAL RATE OF RETURN OF OVER 20% BEFORE TAX.
General InformationGeneral InformationTaxing Authority: Rockford TownshipTax ID/APN: 11-10-278-006Multi-Family Type: Duplex/Fourplex, OtherZoning: R-1, R-2, & SR-6Property Use Type: InvestmentBuilding Name: Walnut Creek Properties, IncTotal Number of Units: 20
Gross Building Area: 21,716 SFBuilding/Unit Size (RSF): 2,413 SFUsable Size (USF): 21,716 SFLand Area: 76,222 SFSale Terms: Cash to SellerAverage Occupancy Rate: 95Gross Rent Multiplier: 5.60
OccupancyOccupancyPercent Occupied: 95%
Area & LocationArea & LocationProperty Located Between: Units are in various areas of Rockford/BelvidereHighway Access: HWY 20Airports: Chicago Rockford International Airport
Site Description: All units are in well-established residential areas.Area Description: Mostly mixed with single family and multi-family
properties.
Building RelatedBuilding RelatedTotal Number of Buildings: 9Property Condition: GoodNumber of Stories: 2Loading Doors: 0Roof Type: GableConstruction/Siding: BrickExterior Description: Varies from brick and frameParking Type: SurfaceParking Description: Surface and garage parking.
Total Parking Spaces: 40Passenger Elevators: 0Freight Elevators: 0Sprinklers: NoneHeat Type: Natural GasHeat Source: CentralFuel: GasInterior Description: 45 total bedrooms in 9 buildings.
Land RelatedLand RelatedZoning Description: R-1 and R-2Lot Frontage: VariesLot Depth: Varies
Water Service: MunicipalSewer Type: Municipal
Portfolio Offering for SalePortfolio Offering for Sale3108 Prial Ave, Rockford, IL 61101
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 1Page 1
Land Ownership: Fee Simple - CorporateLegal Description: In Office
FinancialsFinancialsFinance Data Year: 2020Real Estate Taxes - Annual($): $22,170 (Annual)
Potential Rental Income: $167,940 (Annual)Actual or Proforma Year: Proforma
LocationLocationAddress: 3108 Prial Ave, Rockford, IL 61101County: WinnebagoMSA: Rockford
Property ImagesProperty Images
305 West 5th Street 1 305 West 5th Street 2
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 2Page 2
305 West 5th Street 3
305 West 5th Street 4
305 West 5th Street 5
305 West 5th Street 6
305 West 5th Street 7
305 West 5th Street 8
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 3Page 3
305 West 5th Street 9
305 West 5th Street 10
305 West 5th Street 11
1811 Yonge Street 1
1811 Yonge Street 2
1811 Yonge Street 3
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 4Page 4
1811 Yonge Street 4
1811 Yonge Street 5
1811 Yonge Street 6
2208 13th Avenue 1
2208 13th Avenue 2
2208 13th Avenue 3
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 5Page 5
2208 13th Avenue 4
2208 13th Avenue 5
2208 13th Avenue 6
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 6Page 6
2208 13th Avenue 7
2208 13th Avenue 8
2208 13th Avenue 9
2208 13th Avenue 10
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 7Page 7
3108 Prial Avenue 1
3108 Prial Avenue 2
3108 Prial Avenue 3
3108 Prial Avenue 4
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 8Page 8
3108 Prial Avenue 5
3108 Prial Avenue 6
3108 Prial Avenue 7
3108 Prial Avenue 8
3108 Prial Avenue 9
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 9Page 9
311 N Johnston Ave 1
311 N Johnston Ave 1
311 N Johnston Ave 2
311 N Johnston Ave 2
311 N Johnston Ave 3
311 N Johnston Ave 3
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 10Page 10
311 N Johnston Ave 4
311 N Johnston Ave 4
1721 Barton Blvd 1
1721 Barton Blvd 1
1721 Barton Blvd 2
1721 Barton Blvd 2
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 11Page 11
1721 Barton Blvd 3
1721 Barton Blvd 3
1721 Barton Blvd 4
1721 Barton Blvd 4
1721 Barton Blvd 5
1721 Barton Blvd 5
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 12Page 12
2720 - 2726 Halsted Road 1
2720 - 2726 Halsted Road 2
2720 - 2726 Halsted Road 3
2720-2726 Halsted Road 4
2804 - 2808 Halsted Road 1
2804 - 2808 Halsted Road 2
2804 - 2808 Halsted Road 3
2804 - 2808 Halsted Road 4
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 13Page 13
2804 - 2808 Halsted Road 5
311 N Johnston Ave 1
2812 - 2818 Halsted Rd 1
311 N Johnston Ave 2
2812 - 2818 Halsted Rd 2
311 N Johnston Ave 3
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 14Page 14
311 N Johnston Ave 4
2812 - 2818 Halsted Rd 3
1721 Barton Blvd 1
1721 Barton Blvd 2
1721 Barton Blvd 4
1721 Barton Blvd 5
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
Page 15Page 15
Property ContactsProperty Contacts
Tom Ewing CCIM CPM RPA MCRTom Ewing CCIM CPM RPA MCRKELLER WILLIAMS REALTY SIGNATURE
815-703-6677 [M]
815-703-6677 [O]
Prepared by Tom Ewing CCIM CPM RPA MCR, KELLER WILLIAMS REALTY SIGNATURENov 9, 2020 on CMCPEX
815-703-6677 [M] 815-703-6677 [O] [email protected] Real Estate License: 471001821
© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume anyliability for errors or omissions.
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Portfolio Offering for SaleOverview/CommentsGeneral InformationOccupancyArea & LocationBuilding RelatedLand RelatedFinancialsLocationProperty ImagesProperty Contacts