Xx Sandhutton Avenue, Rockford, IL 61108

FOR SALE
  • $3,300,000
  • 2+ Years on site
  • Est: $12,226/month
  • Mortgage Center
  • Beds: n/a
  • Baths: n/a
  • Multi-Family Home
X

Description

Walden Woods is a 52-unit condominium project. Thirty of the units were sold to private owners from 2005 to 2008. The remaining 22 units were committed to a leasing program and have been operated as rental units for over six years. The 22 units are being offered in a package as an investment opportunity. Unit exterior and interior finishes built to high-quality condominium standards. The condominium association is well managed and its capital reserve account fully funded. Great current return on investment with an excellent history of high occupancy. Strong employment in the surrounding area. There are 30,650 employees working within a 5-minute drive of the property. Highly visible location. Main entrance on Harrison Avenue, a major east-west corridor on Rockford’s south side. Future potential of selling the units at higher prices to individual homeowners as the housing market improves.

  • MLS ID# 201505354
  • Year Built: n/a
  • 2+ Years on site
  • Multi-Family Home
  • Beds: n/a
  • Baths: n/a

Listing Details

Lot Size
Approximately 84 x 101
Tax Amount
$3,712.70
Tax Year
2014
Cooling
Central Air, Central Cooling
Heating
Forced Air

Local Info

Population
29,171
Median Household Income
$50,867
Median Years In Residence
8
Median Homeowner Age
41
Households with Children
38.67%
Percent of Homes Rented
24.77%

Nearby Elementary Schools

5925 Darlene Dr
4949 Marion Ave
6284 Valley Knoll Dr

Nearby Primary Schools

512 Fairview Ave

Nearby Middle Schools

5925 Darlene Dr
6284 Valley Knoll Dr
2525 Ohio Pkwy

Nearby High Schools

5925 Darlene Dr
2929 Charles St
4145 Samuelson Rd

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: William Charles Realty, Inc.
(815) 963-7447
Listing Agent: Charles Thompson

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