1228 Broadway Rockford, IL 61104

Property Details for 1228 Broadway

Year built

1914

Construction

WOOD

Property size

5,830 SF

Zone code

C4

Property type

Commercial real estate

APN

11-26-488-029

APU

1126488029

Description

This exceptional three-story mixed-use building, located at 1228 Broadway in Rockford, Illinois, presents a compelling investment opportunity. The 5,830 square foot structure sits on a 2,100 square foot lot and boasts a highly desirable street presence, enhanced by attractive landscaping features including bump-out curbs and trees. Its prime location is adjacent to other retail establishments, ensuring high visibility and foot traffic. The building's history includes ground floor use as a bar, with apartments occupying the upper floors. While requiring renovation, the property offers significant potential for rental income generation. The basement adds further versatility and space. This is an ideal project for an investor seeking a hands-on renovation opportunity with the potential for substantial returns. The building's size and location make it suitable for a variety of uses, allowing for creative redevelopment and adaptation to current market demands. The existing structure provides a solid foundation for a revitalized property in a vibrant commercial area. The asking price of $90,000 reflects the need for renovation, presenting a significant value proposition for a discerning buyer. Serious inquiries are encouraged to explore the full potential of this unique Rockford property.

Location Insight

City

Rockford

County

Winnebago

State

Illinois

Longitude

-89.0778

Latitude

42.2526

CBSA code

40420

CBSA name

ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments