NOT LISTED FOR SALE

218 E River St Unit 12 Unit Apartment Co Rockton, IL 61072

14 Beds
12 Baths
6,462 Sq Ft
-- Built

Last Sold July 20, 2021

Last sale price $450,000 $70 Per Sq Ft

415 Days on Market

Highlights

  • Fenced Yard
  • 1-Story Property
  • Hot Water Heating System
  • Whitman Post Elementary School Rated A-

About This Home

As of July 2021

Great 12 Unit Ranch style apartment building with 1 & 2 bedrooms in Rockton a cross the street from River. Great location-great cash flow @$69,600 annual income with room to increase to market rate. New Roof completed in 2013, All of the windows replaced with Jeld-wen windows, 22 exterior doors replaced, cement board siding, lights, soffits fascia & gutters have been updated. Most of the kitchens baths & flooring have also been updated. Expenses $18,835 current net income of $50,765. Cap Rate 8.75

Last Agent to Sell the Property

Gerard DuMelle

Weichert Realtors - Tovar Properties License #475134198 Listed on: 04/01/2020

Weichert Realtors - Tovar Properties

Last Buyer's Agent

Gerard DuMelle

Weichert Realtors - Tovar Properties License #475134198 Listed on: 04/01/2020

Weichert Realtors - Tovar Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,178

Lot Details

  • Fenced Yard

Home Design

  • Rubber Roof
  • Siding

Interior Spaces

  • 6,462 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Stove

Parking

  • 24 Car Parking Spaces
  • Additional Parking

Schools

  • Rockton Grade Elementary School
  • Hononegah Middle School
  • Hononegah High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 12 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,178

Lot Details

0

Listing Details

  • Electric: Fuses
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 6462
  • Front: 164
  • General Features: Additional Parking, Fenced Yard, Main Floor Master
  • Grid: 33
  • Legal Description: Thayers add to Rockton lot 5&6
  • Lvt Date: 04/01/2020
  • Rear: 246
  • Side 1: 103
  • Side 2: 103
  • Style: 1 Story
  • Type: 5+ Units
  • Total Assessed Value: 244720
  • Calculate Cap Rate: Yes
  • Annual Insurance Expense: 3500
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 12
  • Number Of Units In Bldg: 12
  • Other Yr: 750
  • Potential Income: 69600
  • Utilities Yr: 6625
  • Agent Only_ L A1 User Code: 5444
  • Elementary School: Rockton Grade School
  • Estimated Total Finished Sq Ft: 6462
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Great 12 Unit Ranch style apartment building with 1 & 2 bedrooms in Rockton a cross the street from River. Great location-great cash flow @$69,600 annual income with room to increase to market rate. New Roof completed in 2013, All of the windows replaced with Jeld-wen windows, 22 exterior doors replaced, cement board siding, lights, soffits fascia & gutters have been updated. Most of the kitchens baths & flooring have also been updated. Expenses $18,835 current net income of $50,765. Cap Rate 8.75
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • L O1 Brokerage Number: 481012053
  • S O1 Brokerage Number: 481012053
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Partial
  • Price Per Sq Ft: 69.64
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Rubber

Garage/Parking

  • Total Numberof Parking Spaces: 24

Utilities

  • Cooling: Window Unit
  • Heating: Hot Water/Steam, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Hononegah 207
  • Elementary School: Rockton Grade School
  • Middle School: Hononegah
  • High School: Hononegah High

Tax Info

  • Year: 2018
  • Taxes: 8178

MLS Schools

  • HighSchool: Hononegah High
  • School District: Hononegah 207
  • Middle School: Hononegah

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $450,000 -22.4% $70 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $580,000 0.0% $90 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $580,000 0.0% $90 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $580,000 -- $90 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gerard DuMelle

    Weichert Realtors - Tovar Properties

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202001658

NorthWest Illinois Alliance of REALTORS®

Illinois Winnebago County Rockton 61072

218 E River St Unit 12 Unit Apartment Co, Rockton, IL

This home is located at 218 E River St Unit 12 Unit Apartment Co, Rockton, IL 61072 since 01 April 2020. 218 E River St Unit 12 Unit Apartment Co is a home located in Winnebago County with nearby schools including Rockton Elementary School, Whitman Post Elementary School, and Stephen Mack Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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