138 & 4864 Flintridge Dr
Marcus & Millichap is pleased to present this multi-family real estate opportunity in the city of Rockford, Illinois. The subject properties of 138 & 4864 Flintridge Drive are located about 85 miles northwest of Chicago, 0.5 miles west of Rockford University, and 0.1 miles north of the East State & Flintridge bus 11 stop. The subject properties have a unit mix that consists of sixteen two-bedroom one-bathroom units that all measure 900 square feet respectively.
Located in Winnebago County, the city of Rockford is the third largest city in the state of Illinois and home to approximately 150,000 residents. Interstate-90, US Route 20, Interstate-39, and US Route 51 all link Rockford to surrounding metropolitan areas. Four miles south of the city is the Chicago Rockford International Airport. Rockford has several well-known culturally and historically significant venues, and is also called the Forest City. It is located just off of the beautiful Rock River and property values have risen for two consecutive years.
An investor can take full advantage of this real estate opportunity by capitalizing on the prime location of this asset plus the ability to raise current rents and cash flow the property