Map
Listed price in listed location currency (USD).
$1,155,000

0030

MLS® 202604563

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 10940 sqft
Garage 
Taxes $17,000
Days Active 2
Lot Size 
Approx. Age 1968
Avg. Price Per Sqft $105
MLS® Number 202604563

Property Address: 196 Flintridge Dr, Rockford, IL, 61107-5097

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to acquire two well-maintained 11-unit apartment building with 21 of 22 units currently occupied. Sold together with 208 Flintridge Dr. One vacant unit is intentionally being kept available for easy showings and provides an immediate leasing opportunity. The property features an average monthly rent of $1, 070 per unit, offering strong in-place cash flow with additional upside through lease renewals and future rent growth. Major capital improvements have already been completed, including one roof replaced within the last 10 years. The buildings are served by four hot water heaters, with two approximately 7 years old and two recently replaced, helping reduce future capital expenditures. All 11 units have 2 bedroom 1 bath. PRICE IS PER BUILDING. 2.31M for Both 196 and 208.
MLS® Number202604563
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1968
Basement
DrivewayAdditional Parking
Garage Spaces
HeatHot Water/Steam
A/CWall Unit

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 24, 2026List Date
$1,155,000List Price
  • Commute

Commute

Starting Address
Destination Address
196 Flintridge Dr, Rockford, IL

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