Eco Friendly - Seller Financing
Address
53 AIRPORT Drive Rockford, IL
Price
$ 225,000
Property Attributes
  • MLS#10559094
  • TypeBusiness Op
  • CountyWINNEBAGO
  • CityRockford
  • AreaRockford
  • NeighborhoodWinnebago Court
  • Zip61109
  • StyleAuto Dealer,Auto Service,Grocery,Liquor Store,Reta
  • Taxes$ 10636
  • Price$ 225,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices Crosby Starck Real
Data Source:
Midwest Real Estate Data LLC
Property Description

OWNER FINANCING WITH THE FOLLOWING TERMS AND CONDITIONS: 1) PRICE : $225,000 DOLLARS -- FIXED 2) DOWN PAYMENT : $125,000 DOLLARS 3) BALANCE $100,000 DOLLARS TO BE FINANCED -- 5 YRS / 5% INTEREST/PAID IN FULL IN 5 YRS Currently , no gas contract in place. New concept to Food & Liquor Store. Great upside sales potential after the " Conversion to the New Concept" The conversion will include 1) Convenience store cater to basic everyday items especially cater to Link customers 2) Travel merchandise categories 3) Lunch Store 4) Special coffee station AND 5) Full line Liquor Store Airport business has increased since last year and it is continuing to grow. Currently, Inside Sales around $25,000 to $30,000 dollars/month with 30% margin Outside sales 25,000 to 30,000 gallons /month with 15 cents margin and Lottery Sales $15,000 dollars /Liquor Sales $5,000 dollars with 22% margin and ATM income. Link card accepted. Everything in place just ready to be taken control by a " new owner operator" with strong future. Currently, operated on absentee ownership . Long term land lease from the Rockford Airport Authority. Ask for details. Inventory sold separately. MOTIVATED SELLER!!!!!

Price History
10/28/2019 Listed $249,000
4/6/2020 20% - $200,000

General Features

Business Name SHELL
Business Type Auto Dealer, Auto Service, Grocery, Liquor Store, Retail
Cooling Central Air
Current Use Commercial
Ownership Type Corporation
Possible Use Commercial
Property Type Bus / Bus w/Real Est
Property Type Business Opportunity
Stories 1
Tax Annual Amount 10636
Zoning COMMR

Exterior Features

Frontage Type City Street
Lot Dimensions 00
Lot Size Square Feet 43560
Total Parking 8

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 61109

Price
AVG $230K
$230K
Taxes
AVG $10,636
$10,636
Visits
AVG 64
63

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