Mixed-Use Building with Renovation Potential

1228 Broadway, Rockford, IL 61104

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For Sale

$75,000

Three-story mixed-use building with income potential, requires renovation.

Type:Commercial/Industrial

Property size:

5,830 SF

Lot size:

0.05 Acres

Price / SF:

$12/SF

HighLights

Mixed‑use building with income potential from apartments and ground floor (former bar).
Substantial 5,830 sf building size.
Prime location adjacent to other retail shops.
Attractive streetscape with bump‑out curbs and trees.
Three‑story building with basement.
Great street presence.

We can help!

Listing Contact

Vikrant Saluja

For Sale

$75,000

Three-story mixed-use building with income potential, requires renovation.

Type:Commercial/Industrial

Property size:

5,830 SF

Lot size:

0.05 Acres

Price / SF:

$12/SF

Added:: Oct 23, 2024
Days on Market:: 601
Last Refresh:: May 19 at 11:21 pm

Property Features for 1228 Broadway

General Information

Standard status: Active
Size: 5,830 SF
Lot size: 0.05 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1914

We can help!

Listing Contact

Vikrant Saluja

Listing agent Vikrant Saluja License #475169774

Listing office Real Properties Realty Group, Inc.

Listing date Oct 23, 2024

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HighLights

Mixed‑use building with income potential from apartments and ground floor (former bar).
Substantial 5,830 sf building size.
Prime location adjacent to other retail shops.
Attractive streetscape with bump‑out curbs and trees.
Three‑story building with basement.
Great street presence.

Overview

This is a three-story mixed-use building with a basement, offering significant street presence. The ground floor was previously used as a bar, while the upper floors feature apartments. The property requires renovation, presenting an opportunity to enhance its income potential. The building is situated on a 2,100 square foot lot and comprises 5,830 square feet of space. It is located adjacent to other retail shops, contributing to an attractive streetscape characterized by bump-out curbs and trees.

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Location Insight

Map
Local Demand

City: Rockford
County: Winnebago
State: Illinois
Longitude: -89.0778
Latitude: 42.2526

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For sale
Mixed-use properties
IL
Rockford
61104
1228 Broadway

What type of property is this?

Mixed-use property - Three-story mixed-use building with income potential, requires renovation.

Where is this mixed-use property located?

The property is located at 1228 Broadway Rockford, IL.

What is the asking price?

The asking price for this property is $75,000.

What are key features of this property?

This property features: Mixed‑use building with income potential from apartments and ground floor (former bar).; Substantial 5,830 sf building size.; Prime location adjacent to other retail shops.