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218 E River St
Rockton, IL 61072
12 Unit Court Yard Apartment Complex Rockton · Multifamily Property For Sale
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12 Units
Investment Highlights
- 12 Unit Ranch Style Courtyard apartments
- Several blocks to Downtown Historical Rockton
- Across from River in Residential area in Rockton
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Satellite TV
- Oven
- Range
- Tub/Shower
- Views
- Carpet
- Yard
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
About 218 E RIVER ST , ROCKTON, IL 61072
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. Cap Rate 8.75 Also available Commercial property across the river in Downtown with plenty of parking. Contact agent for details.
Property Taxes
| Parcel Number | 03-24-401-004 | Improvements Assessment | $98,965 |
| Land Assessment | $21,398 | Total Assessment | $120,363 |
Property Taxes
Parcel Number
03-24-401-004
Land Assessment
$21,398
Improvements Assessment
$98,965
Total Assessment
$120,363
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