1206 Harlem Boulevard

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1206 Harlem Boulevard

Rockford, IL 61103
Asking Price
$240K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Rockford
  • Located at 1206 Harlem Boulevard in the 61103 zip code
  • Asset offered at an asking price of 240000 dollars
  • Property situated in a key northern Illinois market area
  • Residential investment opportunity positioned for consistent rental demand

What's Special

Rockford serves as a primary hub for commerce and residential growth in northern Illinois, benefiting from its strategic position within the regional logistics corridor. This multifamily apartment building at 1206 Harlem Boulevard presents a stable investment entry point in a well-established urban environment. Investors seeking to expand their residential holdings will find this property positioned to support consistent rental demand characteristic of the local housing market. Functioning as a versatile asset, the structure is well-suited for professional management or as a long-term addition to a rental portfolio. The location offers accessibility to regional transportation networks and local services, providing the foundational stability expected by property owners in this sector. This apartment building represents a focused acquisition opportunity for those active in the Illinois multifamily space, where demand for quality rental housing remains a core driver of value.

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NOI
$80,000
Cap Rate
33.33%
DSCR
5.61
Strong
Cash-on-Cash
91.32%
Monthly Payment
$1,187.389
Annual Cash Flow
$65,751.331

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