220 S Madison St - Specialty FOR SALE


Rockford, IL 61104- Downtown Rockford
$700,000 USD
773-551-2366
220 S Madison St, Rockford, IL for Sale
$700,000 USD
Specialty - FOR SALE
1/20
null | 8% Cap Rate

220 S Madison St
Rockford, IL 61104
Downtown Rockford


OVERVIEW

Former YWCA building with 3 floors. 1st floor was former retail, office, weight gym, pool with locker rooms, basketball gym & kitchen. 2nd & 3rd floors were sleeping rooms with community bathrooms and closet cubbies. Building was gutted in 2019/2020 in preparation for a hotel redevelopment, then COVID pandemic stop progress. Great opportunities for redevelopment, shared work space, community center, school, housing, retail, office, etc. Complete re-roof 2022, with owned solar package.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$17 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former YWCA

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

-

APN/PARCEL ID

11-23-384-008,11-23-384-011

ASK ABOUT THIS PROPERTY

Bobby WalshDickerson & Nieman RealtorsMore Info
773-551-2366

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Bobby WalshDickerson & Nieman RealtorsMore Info
773-551-2366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.