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Off Market
1/22

218 E River St
Rockton, IL 61072


HIGHLIGHTS

  • 12 Unit Ranch Style Courtyard apartments
  • Across from River in Residential area in Rockton
  • Several blocks to Downtown Historical Rockton

OVERVIEW

12 Unit Ranch style apartment building with 1 & 2 bedrooms in Rockton a cross the street from River. Great location-great cash flow @$69,600 annual income with room to increase to market rate. New Roof completed in 2013, All of the windows replaced with Jeld-wen windows, 22 exterior doors replaced, cement board siding, lights, soffits fascia & gutters have been updated. Most of the kitchens baths & flooring have also been updated. Expenses $18,835 current net income of $50,765. Cap Rate 8.75 Also available Commercial property across the river in Downtown with plenty of parking. Contact agent for details.

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

12 Unit Court Yard Apartment Complex Rockton

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

6462

STORIES

1

YEAR BUILT

1951

PARKING SPACES

24

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

03-24-401-004