Glenwood Apartments - SOLD

Rockford, IL

  • Type: Multifamily

  • Sale Price: $620,000

  • Cap Rate: 8.25%

  • Unit Price: $38,750

  • Date: Pending

  • Represented: Chicago Seller, Wisconsin Buyer

 

The subject property of 3215 & 3223 Glenwood, commonly known as Glenwood Apartments, is located about 85 miles northwest of Chicago, 5 miles north of the downtown Rockford area. The subject property has a unit mix that consists of sixteen two-bedroom one-bathroom units that measure 790 square feet respectively. The property also features 12 carports.