Property 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

Features
: Hot Water/steam
: Wall unit
Location
US
IL
ROCKFORD
61107
Flintridge
196
W90° 58' 36.6''
N42° 15' 56.9''
196 Flintridge Drive
Additional Information
ACTIVE and AVAILABLE
$17,000
0
11
City
City
Gas
Williams
Realty One Group Strategies
: Brick/stone
19981
$0
$0
Rockford 205
Gregory Elementary
Eisenhower Middle
Guilford High
: Additional Parking
07/24/2026
07/24/2026 16:52:12

196 Flintridge ROCKFORD, Illinois 61107

5+ Units For Sale
10,940 Sqft
$1,155,000

Reference ID: 202604563

Basic Details
Property Type : 5+ Units
Price : $1,155,000
Square Footage : 10,940 Sqft
Agent info

This listing is courtesy of

Philip Williams

Realty One Group Strategies

Request More Information