22-Unit Apartment Building
For Sale
$1,155,000
196 Flintridge Drive, Rockford, IL 61107
Two multi-unit buildings with established occupancy and recent capital improvements.
Property SizeContact for details
Days on Market42
Property Features for 196 Flintridge Drive
General Information
Standard status
Active
Property subtype
Commercial
Zoning
MULTI
Additional Details
Average Monthly Rent
$1,070
Multifamily Units
22
Taxes and HOA fees
Annual Taxes
$34,222
Building Details
Year Built
1968
Buildings
2
Stories
2
Units
11
Listing Agency:
Realty One Group Strategies
(779) 772-0744
Listed By:
Philip Williams
(779) 772-0744
Source:
Ozmentrealestate
Added: Jul 22
Changed: Aug 31
Last Checked: Aug 3 at 10:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Strategies
Investment Insights
Based on property information with market context.
This apartment property consists of two 11-unit buildings offered together with 208 Flintridge Dr. The 22-unit portfolio was built in 1968 and is zoned MULTI. At present, 21 of the 22 units are occupied, while one unit is being held vacant for showings and leasing availability.
Capital improvements include a roof replacement completed within the last 10 years. The buildings are served by four hot water heaters, including two that are approximately 7 years old and two that have been recently replaced. The property is located at 196 Flintridge Drive in Rockford, Illinois, and is sold together with the adjoining Flintridge Drive property identified in the source information.
Capital improvements include a roof replacement completed within the last 10 years. The buildings are served by four hot water heaters, including two that are approximately 7 years old and two that have been recently replaced. The property is located at 196 Flintridge Drive in Rockford, Illinois, and is sold together with the adjoining Flintridge Drive property identified in the source information.
Key Highlights
- Two 11‑unit apartment buildings sold together with 208 Flintridge Dr
- 21 of 22 units currently occupied
- One unit held vacant for showings and leasing availability
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Explore this area
Business Placement
Demographics for 61107, IL
30,722
Population
13,711
Households
2.2
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
14.9 sq mi
ZIP Area
2,062
Density / Sq Mi
$75,492
Median Household Income
$42,494
Median Earnings
$1,053
Median Rent
$165,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two multi-unit buildings with established occupancy and recent capital improvements.
Where is this apartment building located?
The property is located at 196 Flintridge Drive Rockford, IL.
What is the asking price?
The asking price for this property is $1,155,000.
What are key features of this property?
This property features: Two 11‑unit apartment buildings sold together with 208 Flintridge Dr; 21 of 22 units currently occupied; One unit held vacant for showings and leasing availability
