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Rented Multifamily Portfolio Package
For Sale
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2022 Wilcox Rd, Rockford, IL 61108

Portfolio includes 19 rented multifamily properties with addresses and rents provided in the listing documents.

Property SizeContact for details
Days on Market125

Property Features for 2022 Wilcox Rd

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%
Listing Agency: EXIT REALTY REDEFINED - MAURER GROUP
Listed By: Greg Maurer · License #IL 471004003
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:19AM

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 EXIT REALTY REDEFINED - MAURER GROUP

Investment Insights

Based on property information with market context.

This for-sale portfolio package consists of 19 multifamily/residential income properties, all described as currently rented. The seller indicates the combined properties are generating nearly $240,000 per year in cash flow, subject to the information provided in the listing documents.

Addresses and rent details are available in the document portion of the listing accessible to your agent. Properties are available to view after an agreement is reached between buyer(s) and seller.

The seller requires proof of cash or a bank letter as part of the purchase process. Please coordinate with your agent for access to the rent roll and available viewing instructions.

Key Highlights

  • Portfolio includes 19 rented multifamily properties
  • All 19 properties are currently rented
  • Addresses and rents are provided in the listing documents

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Computer & Electronic Repair Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

Demographics for 61108, IL

29,660
Population
12,650
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
10.9 sq mi
ZIP Area
2,721
Density / Sq Mi
$63,046
Median Household Income
$34,856
Median Earnings
$986
Median Rent
$128,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Portfolio includes 19 rented multifamily properties with addresses and rents provided in the listing documents.
Where is this multifamily property located?
The property is located at 2022 Wilcox Rd Rockford, IL.
What are key features of this property?
This property features: Portfolio includes 19 rented multifamily properties; All 19 properties are currently rented; Addresses and rents are provided in the listing documents
More about this property
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