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4815-4860 Creekview Rd
Rockford, IL 61108
Creekview Apartments · Multifamily Property For Sale
·
88 Units
Property Facts
| No. Units | 88 | Building Size | 95,232 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1968 |
| Building Class | B | Parking Ratio | 2.1/1,000 SF |
| Lot Size | 3.69 AC | ||
| Zoning | R4 | ||
| No. Units | 88 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.69 AC |
| Building Size | 95,232 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Balcony
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Free
- Storage Space
About 4815-4860 CREEKVIEW RD , ROCKFORD, IL 61108
Marcus & Millichap is pleased to present this multi-family real estate opportunity in the city of Rockford, Illinois. The subject property of 4815-60 Creekview Road, commonly known as Creekview Apartments, is located about 85 miles northwest of Chicago, 5 miles east of the downtown Rockford area, 0.1 miles east of Alpine Park, and steps from the major retail corridor of East State Street. The subject property has a unit mix that consists of eighty eight two-bedroom one-bathroom units that measure 790 square feet respectively. Located in Winnebago County, the city of Rockford is the third largest city in the state of Illinois and home to approximately 150,000 residents. Interstate 90, US Route 20, Interstate 39, and US Route 51 all link Rockford to surrounding metropolitan areas. Four miles south of the city is the Chicago Rockford International Airport. Rockford has several well-known culturally and historically significant venues, and is also called the Forest City. It is located just off of the beautiful Rock River and property values here have risen for two consecutive years. This investment opportunity offers an investor the opportunity to acquire a 88-unit property on the northwest side of Rockford. Plus the ability to raise current rents to conform with the current rental market, and cash flow this asset.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 88 | - | 790 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,244,804 | |
| Land Assessment | $74,646 | Total Assessment | $1,319,450 |
Property Taxes
