AW Properties Global

AW Properties Global
  • Property Type: Commercial Real Estate
  • Auction Company: AW Properties Global
  • Contact: Diana Peterson
  • Listing Added:06/23/20

Minimum Bid/Published Reserve Price: $549,000 Buyer's Premium: 6% ($40,000 minimum applies) Cooperating Broker Commission: 2% Lot Size: Approx. 1.02 Acres Building Size: Approx. 6,174 SF; 6 Units (North Building) Approx. 5,166 SF; 5 Units (South Building) Year Built: 2001 Ceiling Height: 12' Electrical: 200 AMPS Parking Spaces: Approx. 91 2018 Taxes: $20,976.20 PIN #: 15-01-228-029 Zoning: C-2; Limited Commercial District NOI: $57,688.17 (2019) Traffic Count: 9,000 VPD This fully leased and stabilized strip mall is being offered at an approximate 9.6% cap rate. All tenants are current and leases are in place. This property consist of two buildings with a total of 11 units. It has had annual roof and mechanical maintenance. A recent roof inspection was performed in 2019 and found to have no structural issues were found at that time. The parking lot was also sealed and re-striped this past year. The property was also surveyed within the last 8 years and passed a Ph

Property Location2607-2693 20th Street
Rockford IL 61109

Auction DateWednesday, October 21, 2020
Time : 11:00 am

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