Rockford Affordable Housing
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414 N Court St, Rockford, IL 61103
130-unit portfolio of affordable housing assets in Rockford, IL.
Property Size98,107 SF
Days on Market1541
Property Features for 414 N Court St
General Information
Standard status
Active
Size
98,107 SF
Property subtype
Multifamily
Site & Location
Neighborhood
Coronado Haskell Neighborhood Association
Building Details
Year Built
1900
Buildings
30
Stories
2
Units
130
Listing Agency:
SVN | Chicago Commercial
Listed By:
Reid Bennett, CCIM · License #IL 471015237
Source:
Crexi
Added: Aug 8, 2022
Changed: Oct 26
Last Checked: Oct 24 at 3:32PM
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
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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
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,540
Businesses Nearby
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Business Placement
Demographics for 61103, IL
23,294
Population
11,271
Households
2.1
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
16.3 sq mi
ZIP Area
1,429
Density / Sq Mi
$47,390
Median Household Income
$34,935
Median Earnings
$952
Median Rent
$114,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
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.
