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Two-Building Apartment Portfolio
For Sale
$1,155,000

208 Flintridge Drive, Rockford, IL 61107

The offering includes two-bedroom, one-bath apartments with recent hot water system replacements and ongoing occupancy.

Property SizeContact for details
Days on Market33

Property Features for 208 Flintridge Drive

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $34,222

Building Details

Year Built 1968
Stories 2
Units 11
Listing Agency: Realty One Group Strategies
Listed By: Philip Williams
Source: Allinonerealestateco
Added: Jul 22 Changed: Aug 23 Last Checked: Aug 23 at 6:38AM

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 offering comprises two 11-unit buildings totaling 22 apartments and 10,940 square feet. Each unit has a two-bedroom, one-bath layout. The buildings are being sold together with the property at 196 Flintridge Dr, while this property is identified at 208 Flintridge Dr, Rockford, IL.

Occupancy stands at 21 of 22 units. One apartment is being kept vacant to facilitate showings and is available for leasing. Building improvements include four hot water heaters, with two approximately 7 years old and two recently replaced. One roof was replaced within the last 10 years, providing a documented capital improvement within the portfolio.

Key Highlights

  • Two 11‑unit apartment buildings sold together
  • 22 total units, each configured as 2 bedrooms and 1 bathroom
  • 21 of 22 units currently occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Storage Facility Catering Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

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

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

What type of property is this?
Apartment building - The offering includes two-bedroom, one-bath apartments with recent hot water system replacements and ongoing occupancy.
Where is this apartment building located?
The property is located at 208 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; 22 total units, each configured as 2 bedrooms and 1 bathroom; 21 of 22 units currently occupied
More about this property
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