Rockford, IL 61101,2910 Halsted Road
Rockford, IL 61101,2910 Halsted Road
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$425,000

$425,000

Est.Price: ?

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Est. payment /mo

9,583 Sqft Lot


SOLD DATE : 08/29/2024

Key Details

Sold Price $425,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12108422

Sold Date 08/29/24

Year Built 1966

Annual Tax Amount $6,051

Tax Year 2022

Lot Size 9,583 Sqft

Lot Dimensions 78 X 122 X 87 X 162

Property Description

Discover an exceptional investment opportunity with this meticulously maintained all-brick 6-unit multi-family building at 2910 Halsted Rd, Rockford, IL 61104. This property features five spacious units with 2 bedrooms and 1 bathroom each, and one cozy unit with 1 bedroom and 1 bathroom, catering to a variety of tenant needs. Recent upgrades include a brand-new boiler with warranty, a newer roof, new doors, plush carpeting, and fresh paint throughout. Currently generating approximately $5,000 per month in rental income, this building presents a robust return on investment and steady cash flow, with room to improve the rents. Located in Rockford, tenants enjoy convenient access to local amenities, schools, parks, and public transportation. This property offers a welcoming and comfortable living environment, making it an attractive choice for tenants. With its solid construction, modern upgrades, and strong rental history, this 6-unit building is an excellent addition to any real estate portfolio. SOLD BEFORE PROCESSING.

Location

State IL

County Winnebago

Zoning MULTI

Interior

Cooling Wall Sleeve

Fireplace N

Exterior

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COMANDIS Residential

COMANDIS Residential

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Listed by Mohammad Fatani • Realty One Group Excel
Bought with Mohammad Fatani • Realty One Group Excel

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COMANDIS Residential

Property Management Team | License ID: 475.192154

+1(773) 453-7515

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