Curt Knapp, GRI
Curt Knapp
815 979 0855815 979 0855

XX Sandhutton Avenue, ROCKFORD, IL 61108 (MLS # 201806212)

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PRICE $ 2819500 - 2695000
BEDS n/a
BATHS 0 baths
HOME SIZE 1,583 sq ft
LOT SIZE n/a

17-Unit INVESTMENT OPPORTUNITY! Walden Woods is a 52-unit condominium project. Thirty of the units were sold to private owners from 2005 to 2008. The remaining 22 units were committed to a leasing program and have been operated as rental units for over six years. 4 of these units sold in 2018 another in 2019. The remaining 17 units are being offered in a package as an investment opportunity. Unit exterior and interior finishes built to high-quality condominium standards. The condominium association is well managed and its capital reserve account fully funded. Great current return on investment with an excellent history of high occupancy at market rent. Strong employment in the surrounding area. Highly visible location. Main entrance on Harrison Avenue, a major east-west corridor on Rockford’s south side. Future potential of selling the units at higher prices to individual homeowners as the housing market improves. Broker Interest

DAYS ON MARKET 387 LAST UPDATED 9/17/2019
YEAR BUILT 2007 COMMUNITY 81
COUNTY Winnebago County TOTAL PARKING 2
STATUS Active PROPERTY TYPE(S) Class / MULTIFAMILY

SCHOOLS
School District Rockford 205
Elementary School A C Thompson Elementary
Middle School Bernard W Flinn Middle
High School Rockford East High

PRICE HISTORY
Prior to Oct 4, '18 $2,819,500
Oct 4, '18 - Sep 11, '19 $2,775,000
Sep 11, '19 - Today $2,695,000


ADDITIONAL DETAILS
2 BR - IN UNIT LAUNDRY Yes
3 BR - IN UNIT LAUNDRY Yes
APPL STAY/INCL Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Stove/Cooktop, Sump Pump, Washer, Water Softener
BASEMENT Y/N Yes
CLASS MULTIFAMILY
COOLING Central Air
EXTERIOR Siding
FINANCIAL INFO Estimate
GENERAL FEATURES Additional Parking, Balcony, Deck, Great Room, Laundry in Unit, Lawn Irrigation, Main Floor Master, On Bus Route, Patio, Storage Area
HEATING Forced Air
LEGAL DESCRIPTION FIRST WALDEN ROCKFORD CONDOS PT SE1/4 SEC 33-44-2
LOCATED IN FLOOD PLAIN No
ROOF Shingle
SALE/RENT For Sale
SEPARATE UTILITIES Yes
SEWER City
STREET DESIGNATION Avenue
STYLE 1 Story
TYPE 5+ Units
WATER City
WATER HEATER Gas

ZESTIMATE
XX Sandhutton Avenue, ROCKFORD, IL

RENT ZESTIMATE
$ / mo.  XX Sandhutton Avenue, ROCKFORD, IL

19 Car-Dependent



 
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Listed with AC Johnston Realty, Inc
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