Church/ School

Special Purpose for Sale
Catylist Listing ID: 30653964
Property Subtypes: School/University
Building Size (RSF): 23,468 SF
Gross Land Area: 4.85 Acres
Sale Price: $1,750,000
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2020

Overview / Comments

The building has a total of 23,468 square feet and is constructed of concrete block and steel beams with a metal roof. The current building was completed in 2 phases. The first phase built in 2001 is 13,622 sq ft. and consists of the worship Center, offices, and classrooms. The second phase constructed in 2004 added the gym and additional classrooms consisting of 9,846 sq feet. The interior of the building consists of:
• Worship Center/Assembly Hall
• Chapel
• Commercial kitchen with stainless steel fixtures
• Gym
• 12 classrooms
o Two of these classrooms are state compliant daycare rooms with sink & stool
• 2 offices with large reception area
• 4 storage rooms and a pantry in the kitchen
• Mechanical room and janitor’s closet
• 2 sets of Men’s/Women’s restrooms (each with 4 stalls)

The building sits on a 4.85-acre lot and includes a 600 square foot double garage for storage. There is a large fenced in play area and plenty of other green space. There are 105 parking spaces including handicapped stalls.
There is currently $5000 a month in rental income.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1211326004
Zoning: C1
Property Located Between: Perryville and I 90
Property Visibility: Excellent
Largest Nearby Street: Perryville
Highway Access: I 90
Airports: Rockford
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 2001
Year Renovated: 2004
Construction/Siding: Block
Exterior Description: Excellent condition
Parking Type: Surface
Parking Description: 108 spaces
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Excellent Condition
Zoning Description: C1
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,891 46,905 138,909
Median Age: 43.66 43.26 40.77
Households: 2,786 19,392 56,028
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