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6019 Fincham Drive

Rockford, IL 61108
  • $500,000
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: 11733535
UPDATED: 6 min ago
$500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Description

Opportunity is here with this highly visible investment property. The C2 zoning, high draw neighbors and good traffic counts to help any business succeed. Current usage is a combination of long term rentals and virtual short term rentals. The potential for over $9,000 monthly rentals. Lower level has received recent updates to the common areas and public bathrooms. The lower level is currently longer-term rentals. The upper level is being utilized for smaller unit (single room or combined room) rentals and are generally short term rentals, 3 months and longer.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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6019 Fincham Drive Rockford, IL 61108

  • Price: $500,000
  • Status: Active
  • On Site: 91 Days
  • Updated: 6 min ago
  • MLS #: 11733535
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Rockford
County:
Winnebago
Area:
Rockford
Property Description
Opportunity is here with this highly visible investment property. The C2 zoning, high draw neighbors and good traffic counts to help any business succeed. Current usage is a combination of long term rentals and virtual short term rentals. The potential for over $9,000 monthly rentals. Lower level has received recent updates to the common areas and public bathrooms. The lower level is currently longer-term rentals. The upper level is being utilized for smaller unit (single room or combined room) rentals and are generally short term rentals, 3 months and longer.
Exterior Features

Frontage Type City Street Outdoor Parking 31-50 Spaces Roof Other Roof Structure Flat

Interior Features

Cooling Central Air Flooring CarpetTileVaries Heat Ventilation Central Heat/Indiv Controls Miscellaneous Inside Inside Corridor/SMulti-TenantPublic Restroom/S Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 11472 Built Before1978 YN No Current Use CommercialOffice Electric Circuit Breakers Fire Protection None Geographic Locale Far West Gross Income 108000 Gross Scheduled Income 108000 Leasable Area 11472 Mls Actual Status Active Net Operating Income 108000 Number Of Tenants 20 Operating Expense 20000 Ownership Types Land Trust Property Offered For Sale Only Property Sub Type Office Tax Annual Amount 25706 Tax Year 2021 Tenant Pays Varies By Tenant Total Monthly Income 9000 Township Rockford Type Office/Tech Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Realty Signature: 815-315-1111.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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