3420 Harrison Ave - Apartments FOR SALE


Rockford, IL 61108- Rolling Green
$699,000 USD
815-218-1371
3420 Harrison Ave, Rockford, IL for Sale
$699,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

3420 Harrison Ave
Rockford, IL 61108
Rolling Green


OVERVIEW

The property consists of five residential units, each configured as 3 bedroom, 1.5 bath layouts, a unit type that consistently performs well in the workforce housing segment. With 80% occupancy and 4 month-to-month Tenants, the asset delivers immediate cash flow and repositioning potential. Rockford continues to demonstrate steady workforce housing demand, making well-positioned multifamily properties such as 3420 Harrison Ave. attractive for both private investors and portfolio operators seeking stabilized returns. Financials and rent roll available upon request.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$106 USD /SF

# OF UNITS

5

PRICE/UNIT

$139,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3420 Harrison Ave.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,784 SF

ZONING

R3

APN/PARCEL ID

12-31-478-015

ASK ABOUT THIS PROPERTY

Nathan BryantKeller Williams Realty SignatureMore Info
815-218-1371

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Nathan BryantKeller Williams Realty SignatureMore Info
815-218-1371

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.