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Faits saillants de l'investissement
- Former church and school with flexible layout
- Open outdoor areas including playground space
- Multiple classrooms, offices and large assembly spaces
Résumé de l'annonce
*20,000+ SF multi-use church and school campus
*Three contiguous parcels functioning as one integrated site
*Building improvements extend across parcel lines
*Former church and school with flexible layout
*Multiple classrooms, offices, and large assembly spaces
*Solid masonry construction with architectural character
*Open outdoor areas including playground space
*Strong adaptive reuse and redevelopment potential
*Value-add opportunity with renovation upside
*Known improvement needs include localized roof leaks, non-operational boiler, cosmetic updates, flooring updates, and select window replacement
*Electricity currently on; water service shut off
*Sold as-is with no contingencies
*Buyer to verify zoning and permitted uses
*All personal property left in the building, if any, at the time of closing goes with the property
*Lot size is 0.42 acres
*Boiler heat system – currently non-operational
*Year built – 1919
*Municipal sewer and water
*Located in the City of Rockford, Winnebago County, IL
*Rockford School District #205
*Zoning – R2
*Parcel Numbers 11-26-278-001, 11-26-278-002, and 11-26-278-006.
*2025 taxes – As a previous church & school, due to religious exemption, they did not pay any real estate taxes
*Title is guaranteed free and clear at closing (with all utilities paid up to the closing date)
*$79,000 opening bid/reserve price
*Three contiguous parcels functioning as one integrated site
*Building improvements extend across parcel lines
*Former church and school with flexible layout
*Multiple classrooms, offices, and large assembly spaces
*Solid masonry construction with architectural character
*Open outdoor areas including playground space
*Strong adaptive reuse and redevelopment potential
*Value-add opportunity with renovation upside
*Known improvement needs include localized roof leaks, non-operational boiler, cosmetic updates, flooring updates, and select window replacement
*Electricity currently on; water service shut off
*Sold as-is with no contingencies
*Buyer to verify zoning and permitted uses
*All personal property left in the building, if any, at the time of closing goes with the property
*Lot size is 0.42 acres
*Boiler heat system – currently non-operational
*Year built – 1919
*Municipal sewer and water
*Located in the City of Rockford, Winnebago County, IL
*Rockford School District #205
*Zoning – R2
*Parcel Numbers 11-26-278-001, 11-26-278-002, and 11-26-278-006.
*2025 taxes – As a previous church & school, due to religious exemption, they did not pay any real estate taxes
*Title is guaranteed free and clear at closing (with all utilities paid up to the closing date)
*$79,000 opening bid/reserve price
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