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    415 S Mulford Rd Rockford, IL 61108

    For Sale
    $1,295,000

    Well-leased office property in East Rockford with diversified tenants.

    Lot size:
    1.60 Acres

    Property Features for 415 S Mulford Rd

    General Information

    Lot size
    1.60 Acres

    Source: Keller Williams Realty Signature LP2 Agent Nathan Bryant, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rockford Office Investment Opportunity

    This is an office investment property located in Rockford, IL. The property is situated in East Rockford, offering access to arterial routes and visibility to traffic. The location is favorable for professional and medical users. The property is well-maintained and located in a professional area. The existing tenant mix includes legal, counseling, salon, and accounting services. This property offers a stabilized asset with potential for rent growth and value-add leasing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jennifer Folz, LCPC Counselor Cyndie Norton LCSW Social Worker Liebovich & Weber PC Attorney Liebovich & Weber: Liebovich ... Attorney Rockford Emergency Dental Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0004367
    Latitude
    42.2632841

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    FAQs

    What type of property is this?
    Office building - Well-leased office property in East Rockford with diversified tenants.
    Where is this office building located?
    The property is located at 415 S Mulford Rd Rockford, IL.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Well-leased, stabilized asset with existing cash flow; - Strong and diversified tenant mix including legal, counseling, salon, and accounting services; - Strategic location in East Rockford with strong access and visibility
    (815) 218-1371
    Request Owner's contact information
    415 S Mulford Rd Rockford, IL 61108
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    Rockford, IL 61108
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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
    415 S Mulford Rd Rockford, IL 61108
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