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- LoopNet Team
226 S Main St
Rockford, IL 61101
Commercial Property Mainfloor + 30 Apartments · Multifamily Property For Sale · 30 Units
Investment Highlights
- Rockford, IL Downtown River District Location
- Investment Opportunity across from new Embassy Suites Rockford Riverfront Hotel & Conference Center on the Rock River
- 1360 SF Space Leased by Minnihan's Pub
- Historical Building
- 5175 SF Space Leased by BMO Harris Bank includes banking drive-through
- Luxurious finishes and desirable downtown location keep these studio, 1-BR and 2-BR units at full capacity w/extremely low vacancy rate
PROPERTY FACTS
| No. Units | 30 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 45,897 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid Rise | No. Stories | 6 |
| Building Class | B | Year Built/Renovated | 1891/1997 |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.38 AC |
| Building Size | 45,897 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built/Renovated | 1891/1997 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer
- Heating
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- Security System
- Gated
About 226 S Main St , Rockford, IL 61101
Amazing Investment Opportunity in a downtown cultural hub. The beautiful, historic William Brown Building is home to BMO Harris Bank, Minnihan's Pub and 30 loft-style apartments. In the heart of the River District and cultural corridor in Downtown Rockford, IL, directly across from the Riverfront path system, The BMO Harris Bank Center, Davis Park and the newly renovated Hilton Embassy Suites and Rockford Conference Center scheduled to open summer 2020. This building is located in an area of high employment and in walking distance to UW Health Sports Factory, one of the largest sports facilities in the Midwest, Entertainment, Dining, Shops, Parks, Library, Post Office and Public Transportation. Fully Leased Building. 2 Commercial Spaces: 5175 SF Space Leased by BMO Harris Bank 1360 SF Space Leased by Minnihan's Pub Multifamily Space: The William Brown Building offers 30 loft-style apartments. Luxurious finishes and desirable downtown location keep these studio, 1-bedroom and 2-bedroom units at full capacity with an extremely low vacancy rate. Every loft offers: Large windows and abundant natural light River views available in select units Spacious Living Areas 11-foot Ceilings Full array of appliances: washer & dryer, stove, microwave, refrigerator and disposal Granite Counter tops Individually controlled heating and air conditioning Large, energy-efficient double-hung windows Gated Parking Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 25 | - | 723 - 1,400 |
| 2+1 | 5 | - | 1,055 |
PROPERTY TAXES
| Parcel Number | 11-23-353-002 | Improvements Assessment | $986,403 |
| Land Assessment | $37,045 | Total Assessment | $1,023,448 |
PROPERTY TAXES
zoning
| Zoning Code | C4 |
| C4 |
