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29994602
29994603

4201-4205 W State St, Rockford, IL 61102 For Sale

KH
IL 471.019313
Berkshire Hathaway HomeServices Crosby Starck Real Estate
Listed by Berkshire Hathaway HomeServices Crosby Starck Real Estate
$700,000
145 days on market
Updated 21 days ago

Retail Strip Mall Opportunity

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 9,337
Units 3
Cap Rate 7.53%
NOI $56,464
Tenancy Multi
Price per SqFt $75
Broker Co-Op Yes
Class A
Year Built 2006
Buildings 1
Stories 1
Sale Condition For sale by owner

3 Units, 2 currently occupied, 1 vacant.

Marketing description

Opportunity to own a great investment property on West State. 3 Units, 2 currently occupied, 1 vacant. Equipment in Grocery/Liquor Stores, including coolers and laundry equipment in laundromats, is owned and will be transferred with the property.

Listing Contacts

KH
IL 471.019313
Berkshire Hathaway HomeServices Crosby Starck Real Estate
Listed by Berkshire Hathaway HomeServices Crosby Starck Real Estate

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,464.00
$4,705.33/mo

Valuation Metrics

0
DSCR
8.07%
Cap Rate
8.07%
ROI

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Additional Information

Name
Kevin Horstman
License
471.019313
Brokerage
Berkshire Hathaway HomeServices Crosby Starck Real Estate
Title
Managing Broker
Brokerage Address
551 North Mulford Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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