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    Property profile

    414 N Court St Rockford, IL 61103

    FOR SALE
    Apartment buildings
    Property ID
    US28-1067093
    98,107 SF Built 1900
    Entity Owned
    Saved · see the list in your Dashboard
    414 N Court St, Rockford, IL 61103 For Sale 1 / 4
    Contact for pricing 98,107 SF
    414 N Court St, Rockford, IL 61103
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    Property summary

    AI-generated overview

    SVN is pleased to present this unique opportunity to acquire and preserve a portfolio of affordable housing assets located in Rockford, IL. The properties are located within close proximity of one another creating management efficiencies and immediate scale into an emerging market upon acquisition. The Anchor Housing Portfolio consists of 130 units (55 HAP Units) and is governed by Section 42 of the IRC Code.

    Property profile

    Verified
    Property type Apartment buildings
    Year built 1900
    Total area 98,107 SF
    UPID US28-1067093

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Apartment Building
    1 occupant on record

    Location

    414 N Court St Rockford, IL 61103
    Rockford metro
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
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    Owner & transaction history

    since 2025
    1 recorded transaction
    2025
    Price N/A

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • New
      $295,000
      3,350 SF
      Six-Unit Apartment Building
      Fully occupied multifamily property with studios and one- and two-bedroom residences.
      909-911 Ridge Avenue, Rockford, IL 61103
      View Details
    • $99,900
      960 SF
      Two-Unit Corner Duplex
      Duplex features two 1-bedroom, 1-bath units with a full shared basement on a corner lot.
      927-929 Halsted Road, Rockford, IL 61103
      View Details
    • New
      $160,000
      2,350 SF
      Brick Duplex with Detached Garage
      Tenant-occupied income property with two residential units and period interior details.
      1402 N Church Street, Rockford, IL 61103
      View Details
    • New
      $99,000
      1,400 SF
      Two-Unit Residential Income Property
      Updated two-unit building with modern interior improvements and an included adjacent lot for added flexibility.
      914-916 N Winnebago St, Rockford, IL 61103
      View Details
    • New
      $460,000
      3,690 SF
      Four-Unit Property with Garage
      Apartments offer separate utilities, central air, and select in-unit laundry hookups.
      820 Cottage Grove Avenue, Rockford, IL 61103
      View Details
    • New
      $134,900
      1,599 SF
      Duplex with Basement Storage
      Two residential units feature distinct bedroom layouts, included appliances, and individual furnaces.
      2217 LATHAM Street, Rockford, IL 61103
      View Details

    Similar Nearby for Sale

    • New
      $295,000
      3,350 SF
      Six-Unit Apartment Building
      Fully occupied multifamily property with studios and one- and two-bedroom residences.
      909-911 Ridge Avenue, Rockford, IL 61103
      View Details
    • $99,900
      960 SF
      Two-Unit Corner Duplex
      Duplex features two 1-bedroom, 1-bath units with a full shared basement on a corner lot.
      927-929 Halsted Road, Rockford, IL 61103
      View Details
    • New
      $160,000
      2,350 SF
      Brick Duplex with Detached Garage
      Tenant-occupied income property with two residential units and period interior details.
      1402 N Church Street, Rockford, IL 61103
      View Details
    • New
      $99,000
      1,400 SF
      Two-Unit Residential Income Property
      Updated two-unit building with modern interior improvements and an included adjacent lot for added flexibility.
      914-916 N Winnebago St, Rockford, IL 61103
      View Details
    • New
      $460,000
      3,690 SF
      Four-Unit Property with Garage
      Apartments offer separate utilities, central air, and select in-unit laundry hookups.
      820 Cottage Grove Avenue, Rockford, IL 61103
      View Details
    • New
      $134,900
      1,599 SF
      Duplex with Basement Storage
      Two residential units feature distinct bedroom layouts, included appliances, and individual furnaces.
      2217 LATHAM Street, Rockford, IL 61103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,652 sqft
      Tri-Level Office Building
      A 1964 office property provides adaptable professional layouts, elevator access, and on-site parking.
      706 N Main St, Rockford, IL 61103
      View Details
    • Contact for pricing
      1,140 sqft
      Retail Suite in Neighborhood Shopping Center
      1,240 sq ft storefront available in a neighborhood shopping center with surface parking and primary-corridor frontage.
      3702-3748 N Main St, Rockford, IL 61103
      View Details
    • Contact for pricing
      49,680 sqft
      Large-Format Retail Anchor Space
      Approximately 49,680 SF anchor space offers a wide-open floor plate with 14-foot clear ceilings up to 20 feet to deck.
      3702-3748 N Main St, Rockford, IL 61103
      View Details
    • Contact for pricing
      3,948 sqft
      Spacious Office Building Near Downtown
      3,948 SF office space near Rockford's downtown amenities.
      333 Locust St, Rockford, IL 61103
      View Details
    • Contact for pricing
      171,381 sqft
      Industrial Space Available For Lease
      171,381 SF industrial space featuring 26' clear heights.
      4650 Shepherd Trail, Rockford, IL 61103
      View Details
    • Contact for pricing
      0.47 Acres
      Prime Commercial Development Pad
      Commercial development pad in a high-traffic Rockford location.
      2647 N Main St, Rockford, IL 61103
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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