List Search

4777 E State St
Rockford, IL 61108 East Rockford

$169,000 USD

Medical Condo For Sale  •  4,468 SF

Property Details

  • Property Type Medical
  • Total Building Size 7,833 SF
  • Lot Size 0.56 AC
  • Building Class B
  • Year Built 1985
  • Tenancy Multiple
  • Zoning C2
0 Transit Score
55 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 3-5 Office 4,468 SF $169,000 USD
  • Unit Size: 4,468 SF
  • Condo Use: Office
  • Price: $169,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $37.82 USD
Description
Three large multi desk offices with three more individual office rooms. A sizeable board room. Large training area. This opportunity comes with a master office with it's own private door separate from the front door used by clients and staff. two Bathrooms and a full kitchen along with a second kitchenette. Parking lot maintenance, snow removal, landscaping and dumpster all handled by association and 17 parking spots right outside the office with more available throughout the complex.

Sale Notes
Seller has successfully lease office space in the past but is currently using all of the space. CAP Rate is "projected cap Rate"

Highlights

High Yield Opportunity per the Projected Cap Rate.
Abundance of parking right in front of office
Exterior maintenance (parking lot, snow removal, ect.) all handeled through association.
master office with own private door just a few feet from parking lot

Amenities

  • 24 Hour Access
  • Reception
  • Air Conditioning
  • Raised Floor System

Public Transportation

AirportDriveWalkDistance
Chicago/Rockford International 22 min - 10.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Jesse Linczmaier 815-494-8505 Re/Max Professional Advantage
Jesse Linczmaier 815-494-8505 Re/Max Professional Advantage