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    515 5Th Ave Rochelle, IL 61068

    Sponsored
    For Sale
    $219,900

    Prime location, 2842 sq ft office.

    Property size:
    2,842 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 2,842 square foot office space is ideally situated in the vibrant heart of Rochelle's downtown area, offering unparalleled convenience and accessibility. Located at 515 5th Avenue, this property presents a remarkable opportunity for businesses seeking a prominent presence in a thriving commercial district. The building itself is meticulously maintained, ensuring a professional and comfortable environment for your operations. The interior features a versatile floor plan, adaptable to a variety of business configurations and needs. Large windows allow ample natural light to flood the space, creating a bright and productive atmosphere. The property sits on a 0.08-acre lot and offers easy access to a wealth of amenities, including nearby shops and restaurants, all within comfortable walking distance. This makes it an attractive location for both employees and clients. The asking price for this exceptional commercial property is $219,900. This represents a significant opportunity to establish or expand your business in a highly desirable and strategically advantageous location. Don't miss out on this chance to secure a prime piece of Rochelle commercial real estate.

    Property Features for 515 5Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,842 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Rochelle Property Management Property Management Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochelle
    County
    Ogle
    State
    Illinois
    Longitude
    -89.06717
    Latitude
    41.92401

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, 2842 sq ft office.
    Where is this office property / space located?
    The property is located at 515 5Th Ave Rochelle, IL.
    What is the asking price?
    The asking price for this property is $219,900.
    (815) 901-7414
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    515 5Th Ave Rochelle, IL 61068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 5Th Ave Rochelle, IL 61068
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