IL
Winnebago
Rockford
61107
196 Flintridge Drive
196 Flintridge Drive, Rockford, IL 61107
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Listing Type
Commercial/Industrial
Listing Status
Active
15
$2,310,000

Home Details for 196 Flintridge Drive

Price
$2,310,000
Type
Commercial Sale
Year built
2003
County
Winnebago
MLS Listing#
12711569
Property Description

Excellent opportunity to acquire two well-maintained 11-unit apartment building with 21 of 22 units currently occupied. 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.

Property Features
    Listing Courtesy: Realty One Group Strategies - 779-772-0744
    Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-07-22 12:40:26. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    Last Updated: 2026-07-22 12:40:26
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    EXIT REALTY REDEFINED - MAURER GROUP
    4174 N. Perryville Rd, Loves Park, IL 61111
    Office
    815 977 7411
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