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716 Kishwaukee Court 716 Kishwaukee St

4 Unit Apartment Building $184,900 ($46,225/Unit) 12.86% Cap Rate Rockford, IL 61104

Apartment Buildings Illinois Rockford 716 Kishwaukee St, Rockford, IL 61104

Executive Summary

TURNKEY INVESTMENT!!!! Solid brick quadplex. New Roof installed in 2023. Long-term tenants. Units can rent for $750/month each easily. Tons of upside. Separate electric and gas meters. WILL GENERATE A 12%+ NET RETURN ON INVESTMENT!! Property management and financing is available.

Attachments

Flyer 716 Kishwaukee Court, Rockford, IL

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $23,786 $9.13

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $23,786
Annual Per SF $9.13

Property Facts

Price $184,900 Apartment Style Garden
Price Per Unit $46,225 Building Class C
Sale Type Investment Lot Size 0.20 AC
Cap Rate 12.86% Building Size 2,605 SF
No. Units 4 No. Stories 2
Property Type Multifamily Year Built 1990
Property Subtype
Apartment
  • Multifamily Dormitory
 Parking Ratio 1.54/1,000 SF
Price $184,900
Price Per Unit $46,225
Sale Type Investment
Cap Rate 12.86%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.20 AC
Building Size 2,605 SF
No. Stories 2
Year Built 1990
Parking Ratio 1.54/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $750.00 -

Links

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Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
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zoning

Zoning Code R2 (Two-family residential)
R2 (Two-family residential)
(754) 251-0201

Contact

  • Listing ID: 34144080

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: 716 Kishwaukee St, Rockford, IL 61104

The Midtown Rockford Multifamily Property at 716 Kishwaukee St, Rockford, IL 61104 is currently available. Contact LOYD Realty for more information.

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716 Kishwaukee St, Rockford, IL for sale Primary Photo- Image 1 of 6
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716 Kishwaukee Court | 716 Kishwaukee St
(754) 251-0201 x

716 Kishwaukee Court | 716 Kishwaukee St

Chris Murray

(754) 251-0201

(754) 251-0201

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