2219 E STATE STREET & 107 ST LOUIS ST

Retail-Commercial for Sale
Catylist Listing ID: 30475949
Property Subtypes: Free-Standing Building
Building Size (RSF): 8,575 SF
Gross Land Area: 25,600 SF
Sale Price: $329,000
Unit Price: $38.37 PSF
Ceiling: 14 ft.
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2020

Overview / Comments

GREAT HIGH TRAFFIC LOCATION - 2 BUILDINGS TOTALING 8,575 SQUARE FEET ON 4 PARCELS. ZONED C2. 5,075 SQUARE FOOT BUILDING IS ILLINOIS DECORATING CENTER, OWNER IS RETIRING. PLUS 3,500 SQUARE FOOT BUILDING CURRENTLY OCCUPIED BY DOG GROOMING TENANT. 40 PARKING SPACES AND PYLON SIGNAGE WITH 19,600 TRAFFIC COUNT CARS PER DAY.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $11,280 (Annual)
Assessed Value - Total($) $90,049 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1125227004, 1125227005, 1125227006, 1125227020
Zoning: C2
Feet of Frontage: 172
Site Description: 2 BUILDINGS ON 4 PARCELS
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1935
Total Parking Spaces: 40
Parking Type: Surface
Parking Description: BLACKTOP
Lot Frontage: 172
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,417 123,783 200,943
Median Age: 35.02 36.22 37.8
Households: 7,961 48,701 80,109

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