ClosedPrice Reduced

$1,600,000

$1,725,000
5811 Forest Hills Road, Rockford, IL 61114
421 days
5811 Forest Hills Road·Rockford, IL 61114
1982Year Built
About This Home

85% OCCUPANCY AT AN IN PLACE 11.5% CAP RATE. This is a 10 unit retail center on over 2 acres of land in Rockford. All tenants have multiple year leases. Many capital improvements in the last 12 months including new rooftop HVAC units, parking lot repaving and re-striping.

MLS# 11680470Listed November 30, 2022Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1982
Lot Size339.4X223X88.3X195X264.44

Location

CountyWinnebago
TownshipRockford
Zip Code61114

Financial

List Price$1,600,000
Original Price$1,725,000
Annual Taxes (2021)$38,833
Monthly Tax Est.$3,236
Parcel #1207226016
Interior Features

Cooling

Central Individual
Utilities & Parking

Electric

Other
Tax & Financial
Annual Taxes
$38,833
Tax Year 2021
Monthly Tax Est.
$3,236
per month
Price Reduced by $125,000
Original list price: $1,725,000
Property Location

5811 Forest Hills Road, Rockford, IL 61114 — Winnebago County

$1,600,000
5811 Forest Hills Road
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
421 days on market
339.4X223X88.3X195X264.44
$38,833/yr taxes
Price reduced $125,000
$11,645
estimated monthly payment
Principal & Interest
$8,409/mo
Property Tax
$3,236/mo
$1,600,000
20% — $320,000
3%50%
6.875%
3%12%
Loan Amount
$1,280,000
Down Payment
$320,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Millennium Properties RE, Inc.
Agent: Brad Thompson
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