• Listing status icon

    $410,000

  • Active | MLS#: 29644600
  • 5,350Sq Ft

4777 E STATE STREET, UNITS 9,10 & 12 Rockford, IL 61108

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Overview

INVESTMENT OPPORTUNITY - TWO UNITS CURRENTLY LEASED.-- UNIT 10 (2,400SF) AND UNIT 12 (1,950SF) OCCUPIED BY REGIONAL "HELP AT HOME" AGENCY HAVING A FIVE YEAR LEASE AS OF JUNE 01, 2016 WITH 2 - 5 YEAR RENEWABLE OPTIONS; THIRD UNIT# 9 (1,000 SF) AND AVAILABLE AS OF 9/1/16-- THIS UNIT WAS RENTED FOR $1070 GROSS; AVERAGE ANNUAL NET OPERATING INCOME $27,652.00 FROM UNITS 10 AND 12. IDEAL FOR END USER FOR THE 1,000 S/F AS AN INVESTMENT -- PAY FOR THE MORTGAGE AND HAS POSITIVE CASH OVER $1,600 ANNUALLY. TOTAL SIZE 5,350S/F. LOCATED JUST EAST OF ALPINE ROAD ON THE SOUTH SIDE WITH E. STATE STREET. EXPOSURE. GREAT LOCATION ON ONE OF THE MOST HEAVILY TRAVELED STREET IN AREA.

Listing provided courtesy of: DICKERSON NIEMAN COMMERCIAL

General Features

  • Type of Property Office
  • Property Subtype Executive Suites, Medical
  • Class of Space Class B
  • Number of Buildings 1
  • Sale Terms Cash to Seller
  • Tenancy Multiple Tenants
  • Use Type Net Leased Investment (NNN), Investment
  • Year Built 1985
  • County Winnebago
  • Nearest MSA Rockford

Building Features

  • Square Footage - Gross 5,350 SF
  • Square Footage - Rentable 5,350 SF
  • Number of Stories 1

Property Features

  • Rail Access No

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Price & Status History

Days on Market

  • This property has been listed on the market for 875 days

Location

The property map location is: Approximated, identified to the street.

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 61108 (Rockford)

  • Housing Occupancy

    Home Owners
    8,383
    54%
    Renters
    2,678
    17%
    Vacant
    4,330
    28%
    Total Housing Units
    15,391
  • Households

    Average Household Size
    2.38
    Housing Density (People per square mile)
    2,543

Age Range (number of people)

Age 0-14
5,800
Age 15-24
3,317
Age 25-39
4,537
Age 40-59
6,633
Age 60-79
4,921
Age 80+
1,647
Total
26,855

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 61108 (Rockford)

Public Schools in Zip Code 61108 (Rockford)

* This list of schools may not match the property above.

  • ROCKFORD EAST HIGH SCHOOL
    2929 CHARLES ST ROCKFORD, IL 61108
    Phone: 8152292100
    9th-12th
  • Grade Size Distribution
    • 9th
    • 550
    • 10th
    • 350
    • 11th
    • 302
    • 12th
    • 206
    • Teachers: 84
    • Students per Teacher: 16.8
    • Students: 1408
    • Male/Female: 654/720
    • District: ROCKFORD SD 205, 201 SOUTH MADISON ST ROCKFORD, IL 61104
    • Phone: 8159663101
    • Schools: 52
    • Full-Time Teachers: 1846
    • Students per Teacher: 15.4
    • Staff: 2184
    • Students: 28471
  • BERNARD W FLINN MIDDLE SCHOOL
    2525 OHIO PKWY ROCKFORD, IL 61108
    Phone: 8152292800
    6th-8th
  • Grade Size Distribution
    • 6th
    • 257
    • 7th
    • 294
    • 8th
    • 294
    • Teachers: 47
    • Students per Teacher: 18.0
    • Students: 845
    • Male/Female: 382/424
    • District: ROCKFORD SD 205, 201 SOUTH MADISON ST ROCKFORD, IL 61104
    • Phone: 8159663101
    • Schools: 52
    • Full-Time Teachers: 1846
    • Students per Teacher: 15.4
    • Staff: 2184
    • Students: 28471
  • A C THOMPSON ELEM SCHOOL
    4949 MARION AVE ROCKFORD, IL 61108
    Phone: 8152292830
    K-5th
  • Grade Size Distribution
    • Knd
    • 58
    • 1st
    • 48
    • 2nd
    • 48
    • 3rd
    • 48
    • 4th
    • 58
    • 5th
    • 50
    • Teachers: 22
    • Students per Teacher: 14.1
    • Students: 310
    • Male/Female: 135/141
    • District: ROCKFORD SD 205, 201 SOUTH MADISON ST ROCKFORD, IL 61104
    • Phone: 8159663101
    • Schools: 52
    • Full-Time Teachers: 1846
    • Students per Teacher: 15.4
    • Staff: 2184
    • Students: 28471
  • GREGORY ELEM SCHOOL
    4820 CAROL CT ROCKFORD, IL 61108
    Phone: 8152292176
    K-5th
  • Grade Size Distribution
    • Knd
    • 62
    • 1st
    • 53
    • 2nd
    • 50
    • 3rd
    • 54
    • 4th
    • 50
    • 5th
    • 46
    • Teachers: 17
    • Students per Teacher: 18.5
    • Students: 315
    • Male/Female: 135/151
    • District: ROCKFORD SD 205, 201 SOUTH MADISON ST ROCKFORD, IL 61104
    • Phone: 8159663101
    • Schools: 52
    • Full-Time Teachers: 1846
    • Students per Teacher: 15.4
    • Staff: 2184
    • Students: 28471
  • WHITEHEAD ELEM SCHOOL
    2325 OHIO PKWY ROCKFORD, IL 61108
    Phone: 8152292840
    K-5th
  • Grade Size Distribution
    • Knd
    • 64
    • 1st
    • 52
    • 2nd
    • 53
    • 3rd
    • 77
    • 4th
    • 78
    • 5th
    • 70
    • Teachers: 22
    • Students per Teacher: 17.9
    • Students: 394
    • Male/Female: 158/201
    • District: ROCKFORD SD 205, 201 SOUTH MADISON ST ROCKFORD, IL 61104
    • Phone: 8159663101
    • Schools: 52
    • Full-Time Teachers: 1846
    • Students per Teacher: 15.4
    • Staff: 2184
    • Students: 28471
  • FAIRVIEW CENTER
    512 FAIRVIEW AVE ROCKFORD, IL 61108
    Phone: 8152294230
    PreK
  • Grade Size Distribution
    • PreK
    • 789
    • Teachers: 0
    • Students per Teacher: N/A
    • Students: 789
    • Male/Female: 324/389
    • District: ROCKFORD SD 205, 201 SOUTH MADISON ST ROCKFORD, IL 61104
    • Phone: 8159663101
    • Schools: 52
    • Full-Time Teachers: 1846
    • Students per Teacher: 15.4
    • Staff: 2184
    • Students: 28471
  • ROLLING GREEN/MUHL SCHOOL
    3615 WESTGATE PKWY ROCKFORD, IL 61108
    Phone: 8152292881
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 7
    • Knd
    • 82
    • 1st
    • 79
    • 2nd
    • 81
    • 3rd
    • 76
    • 4th
    • 107
    • 5th
    • 100
    • Teachers: 32
    • Students per Teacher: 16.6
    • Students: 532
    • Male/Female: 225/248
    • District: ROCKFORD SD 205, 201 SOUTH MADISON ST ROCKFORD, IL 61104
    • Phone: 8159663101
    • Schools: 52
    • Full-Time Teachers: 1846
    • Students per Teacher: 15.4
    • Staff: 2184
    • Students: 28471
  • WHITE SWAN ELEM SCHOOL
    7550 MILL RD ROCKFORD, IL 61108
    Phone: 8152292184
    PreK-2nd
  • Grade Size Distribution
    • PreK
    • 72
    • Knd
    • 84
    • 1st
    • 78
    • 2nd
    • 76
    • Teachers: 18
    • Students per Teacher: 17.2
    • Students: 310
    • Male/Female: 142/144
    • District: ROCKFORD SD 205, 201 SOUTH MADISON ST ROCKFORD, IL 61104
    • Phone: 8159663101
    • Schools: 52
    • Full-Time Teachers: 1846
    • Students per Teacher: 15.4
    • Staff: 2184
    • Students: 28471
  • Private Schools in Zip Code 61108 (Rockford)

    * This list of schools may not match the property above.

    • LUTHER ACADEMY AT ALPINE
      ROCKFORD, IL 61108
      Phone: 8152278894
      K-6th
    • Grade Size Distribution
      • Knd
      • 29
      • 1st
      • 34
      • 2nd
      • 30
      • 3rd
      • 32
      • 4th
      • 31
      • 5th
      • 20
      • 6th
      • 39
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 215

    * School data provided by US Department of Education


The data relating to real estate for sale on this website comes in part from the the MLS of the Rockford Area Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. Listing information from this property search is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional