Stand-Alone Medical Office
1107 S Mulford Rd Rockford, IL 61108
For Sale
Contact for pricing
Stand-alone medical office with 2,676 square feet, ample parking, and a full basement for storage.
Property Size2,676 SF
Price / SF$205.53
Days on Market164
Property Features for 1107 S Mulford Rd
General Information
Standard status
Active
Size
2,676 SF
Property subtype
OFFICE
Listing Agency:
Joseph Rossi & Associates, Inc (JRA) - Corporate
(708) 267-4917
Listed By:
Scott Fitzgerald
(312) 523-3176
Source:
Moodyscre
Added: Feb 16
Changed: Jul 28
Last Checked: Jul 29 at 3:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joseph Rossi & Associates, Inc (JRA) - Corporate
Investment Insights
Based on property information with market context.
This well-established dentistry practice is offered for sale in a stand-alone building totaling 2,676 square feet. The property includes ample parking and a full basement that can be used for storage. The practice is configured with six operatories (ops) and is described as having a surgical concentration, with the office equipped for anesthesia and surgical work.
The offering is for the real estate only. The property is presented as part of an ongoing dentistry practice and is noted as serving a mostly PPO/Medicare patient base, with no acceptance of public aid.
With its dedicated clinical buildout and on-site storage, the building is positioned to support continued dental services with surgical capability.
The offering is for the real estate only. The property is presented as part of an ongoing dentistry practice and is noted as serving a mostly PPO/Medicare patient base, with no acceptance of public aid.
With its dedicated clinical buildout and on-site storage, the building is positioned to support continued dental services with surgical capability.
Key Highlights
- Stand‑alone medical/dentistry office building totaling 2,676 sq ft
- Full basement provides additional storage space
- Ample on‑site parking
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.2k | $21.00 |
| − Vacancy | −$7.8k | −$2.90 |
| EGI | $48.4k | $18.10 |
| − OpEx | −$12.1k | −$4.53 |
| NOI | $36.3k | $13.58 |
2,676 SF · lease $21.00/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$519.0K
$454.1K – $605.5K
NOI $36,331 @ 7.0% cap · market cap 6.61%
Second Best
Healthcare Medical
$503.7K
$440.7K – $587.7K
NOI $35,259 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$711.8K
$622.8K – $830.4K
NOI $49,825 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Petco Vaccination Clinic — 6305 E State St, Rockford, IL 61108
Frequently Asked Questions
What type of property is this?
Medical Office Space - Stand-alone medical office with 2,676 square feet, ample parking, and a full basement for storage.
Where is this medical office space located?
The property is located at 1107 S Mulford Rd Rockford, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Stand‑alone medical/dentistry office building totaling 2,676 sq ft; Full basement provides additional storage space; Ample on‑site parking
