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Rockford Affordable Housing Portfolio

414 N Court St Rockford, IL 61103

414 N Court St, Rockford, IL, 61103
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For Sale
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130-unit portfolio of affordable housing assets in Rockford, IL.

Property Size98,107 SF
Days on Market1444

Property Features for 414 N Court St

General Information

Standard status
Active
Size
98,107 SF
Property subtype
Multifamily

Building Details

Year Built
1900
Listing agency SVN | Chicago Commercial
Listed by Reid Bennett, CCIM · License #IL 471015237
Source Crexi
Added: Aug 8, 2022 Updated: Jul 6 at 7:54AM Checked: Jul 21 at 5:57AM

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 SVN | Chicago Commercial


Investment Insights

Based on property information with market context.

This portfolio presents an opportunity to acquire and maintain affordable housing assets in Rockford, Illinois. The Anchor Housing Portfolio comprises 130 units, including 55 HAP units, and operates under Section 42 of the IRC Code. The properties are situated in close proximity, potentially creating management efficiencies and immediate scale within an emerging market. The total property size is 98107 square feet.

Key Highlights

  • Portfolio of 130 affordable housing units.
  • 55 units are HAP (Housing Assistance Payments) units.
  • Governed by Section 42 of the IRC Code.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Meld Manor Apartment Building

Suggested Use

Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store Acupuncture Storage Facility Catering Service HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 130-unit portfolio of affordable housing assets in Rockford, IL.
Where is this apartment building located?
The property is located at 414 N Court St Rockford, IL.
What are key features of this property?
This property features: Portfolio of 130 affordable housing units.; **55 units are HAP (Housing Assistance Payments) units.**; Governed by Section 42 of the IRC Code.
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