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32612543
27779089

415 S Mulford Rd, Rockford, IL 61108

NB
IL 471.013468, IL
Bryant Commercial Group
Listed by Bryant Commercial Group
$1,195,000
263 days on market
Updated 5 days ago

Multi-Tenant Office Investment

Details
Property Type Office
Sub Type Medical Office, Traditional Office (+1)
Square Footage 18,240
Cap Rate 10.39%
NOI $124,134
Occupancy 81%
Tenancy Multi
Price per SqFt $66
Class C
Year Built 1988
Buildings 2
Stories 1
Acreage 1.630
Zoning C1
Parking Spaces 90 spaces
Parking per 1,000 SqFt 4.93

Multi-Tenant Office Investment For Sale in Rockford, IL!

Marketing description

Presenting a prime office investment in Rockford, IL! This sale allows an investor to step into 2 operating assets with cash flow, while still benefitting from rent growth upside and value-add leasing.

Geographically, the property is strategically sited in East Rockford, with strong access to arterial routes, visibility to traffic, and a favorable location for professional users.

The existing tenant mix includes legal, salon, counseling, accounting, and others.

Investment highlights

Presenting a prime office investment in Rockford, IL! This sale allows an investor to step into 2 operating assets with cash flow, while still benefitting from rent growth upside and value-add leasing.

Geographically, the property is strategically sited in East Rockford, with strong access to arterial routes, visibility to traffic, and a favorable location for professional users.

The existing tenant mix includes legal, salon, counseling, accounting, and others.

Listing Contacts

NB
IL 471.013468, IL
Bryant Commercial Group
Listed by Bryant Commercial Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$124,134.00
$10,344.50/mo

Valuation Metrics

0
DSCR
10.39%
Cap Rate
10.39%
ROI

Map

Zoning

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C1 CommercialOfficeLimited Office
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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