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Isa Becovic Acquires MultiFamily In Rockford, IL For $2.4M

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SOLD
$2,400,000

Illinois

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MultiFamily28,320 SF
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SOLD

Isa Becovic Acquires MultiFamily In Rockford, IL For $2.4M

362 Amphitheater Dr Rockford, IL 61107, USA

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MultiFamily28,320 SF
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Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$84
Total Square Footage:28320 SF
Transaction Type:Sale

The multi-family property located at 362-412 Amphitheater Drive in Rockford, IL has been sold in a recent transaction. The property consists of 24 units with a total square footage of 28,320. The sale price for this property was $2,400,000, resulting in a price per unit of $100,000 and a price per square foot of $85.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,400,000
  • Address: 362-412 Amphitheater Drive, Rockford, IL
  • Market: Rockford, IL
  • Units: 24
  • Price Per Unit: $100,000
  • Square Footage: 28,320
  • Price Per Square Foot: $85

The buyer of the property is Isa Becovic. The transaction was facilitated by the brokers Samuel Finkler, Andrew Hyans, and Michael Walsh of TrueRate Services. It is worth noting that this sale marks an all-time price-per-unit record for the Rockford submarket.

Players

Samuel (Sam) Finkler
33 deals$151.1M volume(973) 870-2916
BROKER

Andrew (AJ) Hyans
TrueRate Services
9 deals$67.3M volume
BROKER

Michael (Mike) Walsh
TrueRate Services
1 deal$2.4M volume(516) 493-2151
BROKER

Details

SOLD
IMAGE: Samuel Finkler, Andrew Hyans & Michael Walsh DATE: 06/30/2023 ADDRESS: 362-412 Amphitheater Drive MARKET: Rockford, IL ASSET TYPE: MultiFamily BUYER: Isa Becovic BROKERS: Samuel Finkler (@Sam_Finkler), Andrew Hyans (@AJHyans) & Michael Walsh (@_MikeWalsh_) - TrueRate Services (@TrueRate.Co) SALE PRICE: $2,400,000 UNITS: 24 ~ PPU: $100,000 SF: 28,320 ~ PPSF: $85 NOTE FROM BROKER: This marks an all-time price-per-unit record for the Rockford submarket.

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