Unknown Purchases Property At 4815 Creek View Rd In Rockford For $1.75M With Eric Wagner And James Ziegler As Seller's Representatives

The transaction involves the sale of Creekview Apartments, an 88-unit multifamily property located at 4815-60 Creek View Rd, Rockford, IL, with a price of $1,750,000. The property consists of 88 two-bedroom/one-bathroom units and had an occupancy rate of 50 percent at the time of sale. The buyer intends to fully renovate the buildings, which are situated near the major retail corridor of East State Street and offer easy access to interstates and highways for travel outside the city.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,750,000.00
• Address: 4815-60 Creek View Rd, Rockford, IL, 611...
• Market: Rockford
• Seller's Representatives: Eric Wagner - Marcus & Millichap, James Ziegler - Marcus & Millichap
• Buyer: Unknown
• Seller: Not specified
• Square Footage: 0

James Ziegler, holding the position of first vice investments, operated from Marcus & Millichap’s Downtown Chicago office while Eric Wagner, an associate, was based in the firm's Milwaukee office. Together, they represented the seller during this transaction involving the 88-unit property.