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

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.