4132-4134 Crosby Street

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4132-4134 Crosby Street

Rockford, IL 61107
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located at 4132-4134 Crosby Street
  • Residential asset situated within the Rockford metropolitan market
  • Property positioned for investors seeking rental housing units
  • Strategically located to support local residential housing needs

What's Special

The multifamily apartment building at 4132-4134 Crosby Street is situated in Rockford, Illinois. This residential asset serves the local housing market in a region known for its industrial heritage and manufacturing base within the northern Illinois landscape. Rockford continues to function as a significant hub for logistical and commercial activity, providing a stable environment for rental demand. Investors may evaluate this property as an addition to a regional residential portfolio. The building layout supports standard apartment operations, appealing to residents seeking proximity to the broader metropolitan amenities and transit corridors. Its location provides accessible connectivity for those working within the city or the surrounding suburban neighborhoods. This multifamily asset represents a straightforward acquisition for operators focused on the Rockford market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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