Rockford IL Multi Family for Sale
$468,000
2930 Sandy Hollow Rockford, IL 61109
ADDITIONAL INFORMATION
**MOTIVATED SELLER** This solid brick building is located near Sandy Hollow Golf Course, just off Hwy 90 and Alpine. Itâ??s a 6-unit building with an 8-spot carport and 4 additional parking spaces in the lot. Despite the newer developments in the Hampton neighborhood, this building still stands out with its timeless charm. The building consists of five 2-bedroom, 1-bath apartments, and one 1-bedroom, 1-bath apartment. A coin-operated laundry facility is available in the common area. Four of the apartments have been fully renovated in recent years. The average rent is currently $870 per unit, generating a monthly income of $5,520. This can be easily increased to $5,920 to align with market rates, average $986 per unit. AGENT OWNED
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This listing information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on this site comes in part from the Internet Data Exchange program of the Rockford Area Association of Realtors (last updated as of the time posted below). Real estate listings held by brokerage firms other than Xome may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s). Copyright 2024 Rockford Area Association of Realtors. All rights reserved. |
Rockford Real Estate
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 61109 has a population of 148,942. Rockford 61109 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 61109 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 61109 is 37.6 years.
Rockford Weather
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.