x
Address
2507 Sandhutton Avenue Rockford, IL
Price
$ 2,695,000
Property Attributes
  • MLS#10094728
  • TypeMulti-Family
  • CountyWINNEBAGO
  • CityRockford
  • AreaRockford
  • NeighborhoodPanorama Valley
  • Zip61108
  • Style
  • Year Built2007
  • Taxes79631
  • Price$ 2,695,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
A C Johnston Realty Inc.
Property Description

17-Unit INVESTMENT OPPORTUNITY! Walden Woods is a 52-unit condominium project. Thirty of the units were sold to private owners from 2005 to 2008. The remaining 22 units were committed to a leasing program and have been operated as rental units for over six years. 4 of these units sold in 2018 another in 2019. The remaining 17 units are being offered in a package as an investment opportunity. Unit exterior and interior finishes built to high-quality condominium standards. The condominium association is well managed and its capital reserve account fully funded. Great current return on investment with an excellent history of high occupancy at market rent. Strong employment in the surrounding area. Highly visible location. Main entrance on Harrison Avenue, a major east-west corridor on Rockford's south side. Future potential of selling the units at higher prices to individual homeowners as the housing market improves. Broker Interest

Price History
9/26/2018 Listed $2,819,500
10/4/2018 2% - $2,775,000
9/12/2019 3% - $2,695,000

General Features

Age 7-15 Years
Built Before 1978 No
Multi-Family Type Condo/Townhouse
Status Active
Tax Year 2017
Taxes 79631
Total Units 18
Year Built 2007
Zoning MULTI

Interior Features

Board Number 5
Total Stories 1
Unit Type 1 Rooms 7

Exterior Features

Lot Dimensions 84X87X101X101
Number of Parking Spaces 2

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 61108

Price
AVG $1.02M
$2.7M
Taxes
AVG $12,660
$79,631
Visits
AVG 186
1660
Year Built
AVG 1983
2007
Walkscore
AVG 37
42
Data Provided by Walkscore ® not using MLS data

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