FORMER ELK'S CLUB
Retail-Commercial
for Sale
| Catylist Listing ID: |
30459255 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
|
| Building Status: |
Proposed |
| Building Size (RSF): |
32,000 SF
|
| Gross Land Area: |
13,404 SF
|
| Sale Price: |
$550,000 |
| Unit Price: |
$17.19 PSF |
| Ceiling: |
23 ft. |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
FORMER ELK'S CLUB |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/29/2020 |
Overview / Comments
|
HISTORICAL BUILDING IN IN ROCKFORD'S CULTURAL CORRIDOR, IN A TIF DISTRICT AND THE REDEVELOPMENT QUALIFIES FOR A 45 % HISTORICAL TAX CREDIT, 1 OF ROCKFORD'S LAST LANDMARKS
|
Additional Details
| Nearest MSA: |
Rockford |
| County: |
Winnebago |
| Tax ID/APN: |
1123310001 & 1123310003 |
| Zoning: |
C4 |
| Retail Clientele: |
Business |
| Property Located Between: |
NORTH WYMAN & NORTH MAIN |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
JEFFERSON |
| Airports: |
CHICAGO/ROCKFORD INTERNATIONAL AIRPORT |
| Site Description: |
HISTORICAL BUILDING ALL PAPERWORK DONE AND QUALIFIES FOR TAX CREDITS |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
3 |
| Property Condition: |
Poor |
| Year Built: |
1912 |
| Roof Type: |
Arched |
| Construction/Siding: |
Brick |
| Parking Type: |
Structure, Surface |
| Parking Description: |
STREET AND MUNICIPAL LOTS |
| Freight Elevators: |
1 |
| Sprinklers: |
None |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
19,879 |
110,242 |
182,185 |
| Median Age: |
32.83 |
34.47 |
36.96 |
| Households: |
7,836 |
42,869 |
72,081 |
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