Eco Friendly
Address
415-421 S Mulford Road Rockford, IL
Price
$ 1,700,000
Property Attributes
  • MLS#11092062
  • TypeCommercial
  • CountyWINNEBAGO
  • CityRockford
  • AreaRockford
  • NeighborhoodEast Rockford
  • Zip61108
  • StyleCommercial,Office
  • Year Built1988
  • Taxes$ 44348
  • Price$ 1,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18240
Listing Provided Courtesy Of:
Keefe Real Estate Inc
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Very well established multi-tenant office buildings for sale! Both buildings are fully leased at present time. Historically there has always been a high occupancy rate. Beautifully landscaped courtyard between the buildings, a shed for maintenance equipment, and there is ample parking for all units. Excellent 1031 exchange investment, just south of the intersection of E. State St and Mulford Rd. Very close to I90 and I39 on the east side of Rockford. These 2 office building investment does not require significant day to day management. Seller has installed new siding and re-sealed all parking areas in Spring of 2021. Many long term tenants.

Price History
5/18/2021 Listed $1,700,000

General Features

Additional Parcels Y/N No
City Rockford
Construction Materials Wood Frame
Cooling Central Individual
County Winnebago
Current Use Commercial, Office
Days on Market 11
Directions E. State Street to S. Mulford Road, PIQ is on the right side.
Electric Separate Meters, Shared Meters
MLS Area Rockford
Net Operating Income 156253
Operatingexpense 81047
Possession Closing
Property Type Commercial Sale
Property Type Retail/Stores
Roof Tar and Gravel
Standard Status Active
Status Active
Stories 1
Street Name Mulford
Tax Annual Amount 44348
Tax Year 2019
Tenant Pays Varies by Tenant
Total Units 13
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Virtual Tour https://www.corelistingmachine.com/home2/PSN7NP
Year Built 1988
Zoning COMMR

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 18240
Exterior Vinyl Siding, Frame
Frontage Type City Street
Lot Dimensions 235X305X275X295
Lot Size Square Feet 69696
Total Parking 88

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 61108

Price
AVG $610K
$1.7M
Taxes
AVG $25,193
$44,348
Visits
AVG 32
12
Year Built
AVG 1974
1988
Walkscore
AVG 58
52
Data Provided by Walkscore ® not using MLS data

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