4610-4616 E State Street

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30722654
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 7,844 SF
Gross Land Area: 39,005 SF
Sale Price: $200,000
Unit Price: $25.50 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/3/2021

Overview / Comments

2 separate buildings & PIN codes
4616 E State St. 7844 Sq. ft.
4610 E State St. - 7496 Sq. ft.

3 spaces currently rented.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1229205023 1229205024
Zoning: C3
Property Located Between: E State St. & Alpine Rd.
Property Visibility: Excellent
Largest Nearby Street: State & Alpine
Feet of Frontage: 161
Site Description: Great visibility, ample parking
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 7,844 SF
Property Condition: Poor
Year Built: 1964
Roof Type: Other
Construction/Siding: Wood Frame
Total Parking Spaces: 25
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Could be divided for 5 tenants in each building
Zoning Description: C3
Lot Frontage: 161
Lot Depth: 175
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PALMWOOD ACRES BNG SUB PT NE1/4 SEC 29-44-2 LTS 5 + 006 BLOCK 002 PALMWOOD ACRES BNG SUB PT NE1/4 SEC 29-44-2 E 3RD PM LTS 7 + 8 + 004 BLOCK 002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,624 103,510 195,652
Median Age: 38.37 39.11 38.18
Households: 4,237 42,369 78,608
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