If you need assistance, please call 815-315-1110

2507 Sandhutton Ave, Rockford, IL 61108
0 Beds
0 Baths
n/a sqft

Share

   
OR
Photos
Map
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:
  • $2,695,000
  • Year Built:
  • 2007
  • Listing ID #:
  • 10094728
  • Street Address:
  • 2507 Sandhutton Ave
  • City:
  • Rockford
  • State:
  • Illinois
  • Postal Code:
  • 61108
  • County:
  • Winnebago
  • Community:
  • Rockford
  • Listing Status:
  • Active
  • Age Of Dwelling:
  • 7-15 Years
  • Number Of Units:
  • 17
  • Stories:
  • 1
  • Unit1 Bedrooms:
  • 2
  • Unit1 Total Rooms:
  • 7
  • Unit2 Bedrooms:
  • 3
  • Unit2 Total Rooms:
  • 8
  • Year Built:
  • 2007
  • Property Taxes:
  • $79,631
  • Tax Year:
  • 2018
  • Tenant Pays:
  • Air Conditioning, Electric, Heat, Water/Sewer
  • Parking Spaces:
  • 2
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By A C Johnston Realty Inc.
  • MRED

Similar Properties

Image Unavailable
$2,695,000
Xx Sandhutton Avenue, Rockford, IL 61108
0 Beds | 0 Baths
Listing Provided By Ac Johnston Realty
ACTIVE