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Office Units with Private Office
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503 E 3rd Street, Sterling, IL 61081

Commercial Lease, Sterling, IL

Space Size700 SF
Lot Size0.02 Acres
Days on Market393

Property Features for 503 E 3rd Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning COMMR
Directions Route 2 (East 3rd Street)
Subdivision Sterling
Standard status Active
APN 11223530020000
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3035

Utilities

Cooling system Central Air

Amenities

shared restroom
street parking

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Building materials Concrete
Listing Agency: RE/MAX Sauk Valley
Listed By: Patricia Sword · License #471002760
Added: Jul 24, 2025 Changed: Aug 19 Last Checked: Aug 20 at 5:06PM
MLS# 12429015

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 700-square-foot office suite in a concrete building includes a 13'6" x 19' reception area, a 10' x 19' semi-private area, a 13' x 13' private office, and a 13' x 6' storage, copy, and hallway area. The space has central air, a shared restroom, and street parking. Utilities are included with the rental.

The office is located at 503 E 3rd Street in Sterling, Illinois. Built in 1960, the property is identified as COMMR zoning and offers a configuration that can also accommodate retail use.

Key Highlights

  • 700 sq. ft. office suite
  • 13'6" x 19' reception area
  • 13' x 13' private office

Property Analytics

Current Use

Brent Martin American ... Insurance Agency Central Heating & Cooling ... HVAC Service Brent Martin Agency Insurance Agency American Family Insurance Financial Advisor

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Auto Parts Store HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.54 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible suite includes reception, semi-private, private office, and storage areas.
Where is this office units located?
The property is located at 503 E 3rd Street Sterling, IL.
What are key features of this property?
This property features: 700 sq. ft. office suite; 13'6" x 19' reception area; 13' x 13' private office
More about this property
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