Investor Opportunity! 13 rooms for rent. 7 units are occupied and 6 are empty. 3 units are currently rented as 350 and 4 units are 400. Electric baseboard in each room. No AC. Sold As Is. 2 parcels, address is 111 & 113 N Rockton Ave. Retail space in the front with half bath and rents for 450.
Take advantage of this opportunity to invest in three premier commercial properties. Each property features long-term, established, reliable tenants and is situated in high-traffic, desirable locations. Each property is positioned in a prime area with high visibility, ensuring continuous tenant demand and stable income. This rare investment portfolio promises dependable cash flow, security, and significant growth potential. Perfect for seasoned investors or those seeking to diversify their holdings, this offering is an exceptional opportunity that is too good to miss. Could be sold as package with MLS#12145257 & MLS#12145284
Investment opportunity or future use. Currently used as an auto service center. Over 8,100 sq ft of office/ reception area, service bays and garage space. Open span design, with minimal obstructions. Service area is divided into two sections. First area for body work and more detail service, this section has A/C. Second area daily service, will hold 4-5 cars, 2 overhead doors, triple basin oil recovery system, modine heat. Two docks on rear of building. Tenant has a lease in place possession STROT.
The median home value in Rockford, IL is $132,700. This is lower than the county median home value of $155,300. The national median home value is $338,100. The average price of homes sold in Rockford, IL is $132,700. Approximately 48.54% of Rockford homes are owned, compared to 41.62% rented, while 9.85% are vacant. Rockford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rockford real estate agent to arrange a tour today!
Rockford, Illinois 61103 has a population of 148,942. Rockford 61103 is less family-centric than the surrounding county with 22.05% 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 61103 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 61103 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.