304 N 5th St Rockford, IL 61107
Special Purpose
for Sale
| Catylist Listing ID: |
30467538 |
| Property Subtypes: |
Assembly/Meeting Place, Funeral Home/Mortuary
|
| Building Size (RSF): |
6,485 SF
|
| Gross Land Area: |
0.90 Acres
|
| Sale Price: |
$199,000 |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/14/2020 |
Overview / Comments
|
304 N 5th St Rockford, IL 61107; Property is currently being used as a funeral home. Located on a very busy corner in downtown Rockford. Could be used as a Church or a great location for Gas & Food station. Handicap Accessible. Corner lot with 231 and 165 of frontage. Located in the Rockford River Edge Development Zone.
|
Financials
| Finance Data Year |
2018 |
| Real Estate Taxes - Annual($) |
$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 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Rockford Area REALTORS nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
