Jean Mueller
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
The buildings are vacant. THERE IS A TWO story and one story. The land area is 1.92 acres . The current owners purchased the property thinking that they would reside in the home after renovation. The City stated that changing the zoning to residential is unlikely.The zoning is commercial . So, the property has been listed for sale.There is a 3 story barn constructed in @1900. . The rafters and support beams are joined with wood dowell rods . This is a good repurpose potential. The electrical service and wiring was updated in 1989. . There was a permit issued .The one story building was constructed in 1990. The property contiguous to this listing is being redeveloped. The investment is VERY SUBSTANTIAL. IF you are interested in learning more the Rockford Community Development office can be contaced . The lot is not 200x415. It is very irregular with a total square footage of (83,786) (1.92 acres).Look at our attached photo There is written evidence from the family of the previous owner that OTIS EDDY HAD THE TWO STORY HOME CONSTRUCTED IN 1863. There is architectural material on the property than can be marketed as repurpose items..
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1900
Lot Size: 1.92 acres
General Information
County: Winnebago
Listed By:
Home Town Realty Dixon
815-973-4730
MRED MLS
MLS ID: 12606851
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2520 N Main Street, Rockford, IL 61107.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $147,000 | $147,000 | $147,000 |
| Down Payment | $29,400 | $5,145 | $36,750 |
| Monthly Mortgage Amount | $705 | $865 | $901 |
| Taxes | $205 | $205 | $205 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $65 | $0 |
| Monthly Estimated Total | $1,010 | $1,235 | $1,206 |
Jean Mueller
REALTOR®
Cell: (309) 781-3311
Licensed in IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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