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721 E State St, Rockford 30 Unit Apartment Building $600,000 ($20,000/Unit) Rockford, IL 61104
Investment Highlights
- Bus Line
- Accent Lighting
- Monument Signage
- Conferencing Facility
- Roof Terrace
- Front façade and grand interior space
Executive Summary
historic approved for 45% credits of construction and soft costs
tax credits,tiff district (sales tax exempt)rivers edge zone
tax credits,tiff district (sales tax exempt)rivers edge zone
Property Facts
| Price | $600,000 | Building Class | C |
| Price Per Unit | $20,000 | Lot Size | 0.70 AC |
| Sale Type | Investment | Building Size | 42,000 SF |
| No. Units | 30 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1918/2022 |
| Property Subtype | Apartment | Parking Ratio | 0.01/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C4 - Mixed use. C4. Apartment complex | ||
| Price | $600,000 |
| Price Per Unit | $20,000 |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 42,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1918/2022 |
| Parking Ratio | 0.01/1,000 SF |
| Zoning | C4 - Mixed use. C4. Apartment complex |
Amenities
Site Amenities
- Business Center
- Laundry Facilities
- Media Center/Movie Theatre
- On-Site Retail
- Trash Pickup - Curbside
- Vintage Building
- Bicycle Storage
- Conference Rooms
- Elevator
- Sundeck
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 1+1 | 26 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 11-26-201-004 | Improvements Assessment | $2,177 |
| Land Assessment | $27,770 | Total Assessment | $29,947 |
Property Taxes
Parcel Number
11-26-201-004
Land Assessment
$27,770
Improvements Assessment
$2,177
Total Assessment
$29,947
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Videos
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Photos
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Street
Map
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Presented by
Crane's Home Repair
721 E State St, Rockford
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