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1120 East STATE Street, ROCKFORD, IL 61104

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1120 East STATE Street, ROCKFORD, IL 61104

$150,000

Commercial # Stories: 1 Type: Bus / Bus w/ Real Est MLS #: 09804887
Courtesy of:
Berkshire Hathaway HomeServices Crosby Starck Real Estate

Description of 1120 East STATE Street, ROCKFORD, IL 61104

GREAT LOCATION!! BE YOUR OWN BOSS AND OWNER OF A # 1 FRANCHISE FOOD CHAIN AND RUN A PROFITABLE BUSINESS. LOCATED ON A MAIN STREET HIGH TRAFFIC AREA, BUSINESSES AND SHOPPING NEARBY. RECOMMENDED OWNER MANAGED BUSINESS TO INCREASE PROFITS. COULD BE SOLD SEPARATELY OR AS A PACKAGE DEAL WITH ANOTHER SUBWAY. REDUCE PAYROLL BY INTERCHANGING MANAGER AND EMPLOYEES WHEN PURCHASED AS A PACKAGE DEAL. SEE LISTING # 09804879 BASIC OVERVIEW OF BOTH STORES AS FOLLOWS: 1) GROSS SALES : $ 48,000 DOLLARS PER MONTH -Both stores combined 2) RENT : $ 5,700 PER MONTH -Both stores combined. 3) PAYROLL: REDUCE BY INTERCHANGING MANAGERS & OWNER OPERATED -- BOTH STORES COMBINED. FINANCIALS AVAILABLE FOR POTENTIAL BUYERS MUST BE PRE-APPROVED.

Directions to 1120 East STATE Street, ROCKFORD, IL 61104

FROM I-90 EXIT RIVERSIDE TO PERRYVILLE TAKE LEFT TO SPRING CREEK RD TO THE PROPERTY

Features of 1120 East STATE Street, ROCKFORD, IL 61104

  • Central air
  • Parking spaces: 15
  • Lot zoned: COMMR
  • Best use: Commercial
  • Tax year: 2016

Mortgage Payments for 1120 East STATE Street, ROCKFORD, IL 61104

The approximate monthly Principal & Interest payment for this property would be $640. This payment is based on a 30-year loan at a fixed rate of 3.94 % with a down payment of $15,000. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate, or contact a Mortgage Advisor for expert assistance.

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