304 N 5th St Rockford, IL 61107
Special Purpose
for Sale
Catylist Listing ID: |
30467538 |
Property Subtypes: |
Assembly/Meeting Place, Funeral Home/Mortuary
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Building Size (RSF): |
6,485 SF
|
Gross Land Area: |
0.90 Acres
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Sale Price: |
$199,000 |
Property Use Type: |
Business |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
2/20/2021 |
Overview / Comments
304 N 5th St Rockford, IL 61107; Property is currently being used as a funeral home. Located on a very busy corner in downtown Rockford. Could be used as a Church or a great location for Gas & Food station. Handicap Accessible. Corner lot with 231 and 165 of frontage. Located in the Rockford River Edge Development Zone.
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Financials
Finance Data Year |
2018 |
Real Estate Taxes - Annual($) |
$9,530 (Annual) |
Tax Value Land |
$18,490 |
Tax Value Improvements |
$48,299 |
Tax Value Personal Property |
$0 |
Assessed Value - Total($) |
$66,789 (Annual) |
Actual or Proforma Year |
Actual |
Additional Details
Nearest MSA: |
Rockford |
County: |
Winnebago |
Taxing Authority: |
Rockford |
Tax ID/APN: |
1123461013 |
Zoning: |
C4 |
Property Located Between: |
Jefferson & N 5th/6th St |
Property Visibility: |
Excellent |
Largest Nearby Street: |
East State Street |
Feet of Frontage: |
231 |
Traffic/Vehicle Count: |
20,000 |
Highway Access: |
IL RT 251 |
Airports: |
Chicago-Rockford International Airport |
Site Description: |
304 N 5th St Rockford, IL 61101; Corner lot with 231 and 165 of frontage. Located in the Rockford River Edge Development Zone. |
Area Description: |
304 N 5th St Rockford, IL 61101; Part of the Rockford River Edge Development Zone |
Total Number of Buildings: |
3 |
Number of Stories: |
2 |
Property Condition: |
Fair |
Year Built: |
1935 |
Construction/Siding: |
Brick |
Parking Ratio: |
60 (per 1000 SF) |
Parking Type: |
Surface |
Parking Description: |
60 spaces |
Sprinklers: |
None |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Other |
Zoning Description: |
C4 |
Lot Frontage: |
198 |
Lot Depth: |
165 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Land Ownership: |
Fee Simple |
Legal Description: |
Lots 3-5, PT Lot 2, East Rockford Subd |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
16,999 |
113,153 |
193,011 |
Median Age: |
34.78 |
34.54 |
37.67 |
Households: |
7,487 |
43,948 |
76,639 |
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