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1001 2nd Avenue
Rockford, IL 61104
Asking Price
$499K
Asset Type
Religious/Church Special-purpose
Class
Class B
What's Special
<p>1001 2nd Avenue | Rockford, Illinois</p><p>Current use is for a Funeral Home / Special Purpose Commercial Property</p><p></p><p>Exceptional opportunity to acquire a well-located funeral home facility in Rockford. Situated on 2nd Avenue with convenient access to surrounding neighborhoods and major roadways, this property offers a functional layout designed to support funeral, memorial, religious, fraternal, or related professional services.</p><p></p><p>The building features spacious gathering
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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643
