Riverside Apartments

Rockford, IL

• Type: Multifamily

• Sale Price: $2,425,000

• Cap Rate: 8.38%

• Unit Price: $33,680

• Date: 9/14/2018

• Represented: Rockford seller, New Jersey Buyer

Marcus & Millichap is pleased to present this multi-family real estate opportunity of 3701-95 Trilling Avenue, commonly known as Riverside Apartments, located in the city of Rockford, Illinois. The subject property is about 85 miles northwest of Chicago, 4.5 miles north of the downtown Rockford area, 0.2 miles west of Rock River, and steps from the 4,16,17,22, 31, and 41 bus station. The subject property has a unit mix that consists of eight studio/one-bathroom, forty-four one-bedroom/one-bathroom, and twenty-two-bedroom/one-bathroom units all that measure 500-, 700-, and 900 square feet, respectively.