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218 E River Street

Rockton, IL 61072
  • $450,000
  • STATUS: Closed
  • ON SITE: 489 days
  • MLS #: 10681638
Sold - 08/03/2021
$450,000
SOLD - 08/03/2021
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,462
    SQFT
  • $70
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

Description

12 Unit Ranch style apartment building with 1 & 2 bedrooms in Rockton a cross the street from River. Great location-great cash flow @$69,600 annual income with room to increase to market rate. New Roof completed in 2013, All of the windows replaced with Jeld-wen windows, 22 exterior doors replaced, cement board siding, lights, soffits fascia & gutters have been updated. Most of the kitchens baths & flooring have also been updated. Expenses $18,835 current net income of $50,765.

Sold by Weichert Realtors - Tovar Prop.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-04T10:54:54.253 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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218 E River Street Rockton, IL 61072

  • Price: $580,000
  • Status: Closed
  • Updated: 37 min ago
  • MLS #: 10681638
0
Beds
0
Baths
0
½ Baths
0.6
Acres
6,462
SQFT
$70
$/SQFT
1951
Built
Neighborhood:
Rockton
County:
Winnebago
Area:
Rockton
Property Description
12 Unit Ranch style apartment building with 1 & 2 bedrooms in Rockton a cross the street from River. Great location-great cash flow @$69,600 annual income with room to increase to market rate. New Roof completed in 2013, All of the windows replaced with Jeld-wen windows, 22 exterior doors replaced, cement board siding, lights, soffits fascia & gutters have been updated. Most of the kitchens baths & flooring have also been updated. Expenses $18,835 current net income of $50,765.
Exterior Features

Frontage Type City Street Parking Total 24 Roof Membrane

Interior Features

Cooling Window Unit(S) Heat Ventilation Gas Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 4 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Ranges 12 Number Of Refrigs 12 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 3 Number Of Rooms Unit2 2 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 10 Number Of Units Apt Type2 2 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0

Property Features

Additional Parcels YN No Built Before1978 YN Yes Cap Rate 8.75 Electric Expense 2000 Expense Year 2019 Exterior Building Type Other Fuel Expense 3200 Gross Income 69600 Gross Scheduled Income 69600 Insurance Expense 3500 Janitor Expense 0 Lot Size Dimensions 164X246 Maintenance Expense 0 Monthly Income Max1 4750 Monthly Income Max2 1050 Net Operating Income Year 2019 Operating Expense 18835 Other Expense 0 Tax Annual Amount 7960 Tax Year 2018 Tenant Pays Electricity Total Monthly Income 5800 Trash Expense 750 Type Multi Family Courtyard Utilities Sanitary SewerWater-CommunityWater To Site Water Sewer Expense 1425 Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Weichert Realtors - Tovar Prop.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-04T10:54:54.253 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Schoon Family Group with Keller Williams Elite
4544 W 103rd St, Third Floor
Oak Lawn IL, 60453