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    304 N 5Th St Rockford, IL 61107

    For Sale
    $299,900

    Two-story office building with parking and garages available for purchase.

    Property size:
    6,485 SF
    Lot size:
    0.90 Acres

    Property Features for 304 N 5Th St

    General Information

    Size
    6,485 SF
    Lot size
    0.90 Acres

    Source: Dickerson Nieman Commercial Agent Tracy Eastman, CCIM

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

    Overview

    Remodeled Office Building For Sale

    The property, formerly a funeral home, is located on the corner of 6th Street and E. Jefferson Street, benefiting from high traffic and good visibility. It includes 40 parking spaces and two garages. One building is a two-story remodeled office building with approximately 1,078 square feet. The second building is a two-story structure with approximately 5,407 square feet. The total property size is 6,485 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Young Funeral Home ... Funeral Home Young Funeral Home ... Funeral Home

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0835593
    Latitude
    42.2645293

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    FAQs

    What type of property is this?
    Office building - Two-story office building with parking and garages available for purchase.
    Where is this office building located?
    The property is located at 304 N 5Th St Rockford, IL.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - High-traffic location with excellent visibility at the corner of 6th Street and E. Jefferson Street; - Substantial parking with 40 spaces and two garages; - Two buildings on the property: a remodeled 2-story office (approx. 1,078 sf) and a 2-story building (approx. 5,407 sf)
    (815) 979-4926
    Request Owner's contact information
    304 N 5Th St Rockford, IL 61107
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    Rockford, IL 61107
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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
    304 N 5Th St Rockford, IL 61107
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