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    117 S 3Rd St Rockford, IL 61104

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    For Lease
    $12 SF/Yr ($1,160 /Mo)

    Retail space featuring open areas and private offices for rent.

    Property size:
    1,160 SF
    Lot size:
    0.17 Acres

    Property Features for 117 S 3Rd St

    General Information

    Size
    1,160 SF
    Lot size
    0.17 Acres

    Source: Dickerson Nieman Commercial Agent Tracy Eastman, CCIM

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

    Overview

    Retail Space with Private Offices

    This retail space, encompassing 1,160 square feet, features open areas complemented by private offices. The gross lease covers all expenses except utilities. The property benefits from high visibility and includes two employee parking spaces. It also contains two restrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm 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
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0871127
    Latitude
    42.2668176

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    FAQs

    What type of property is this?
    Retail space - Retail space featuring open areas and private offices for rent.
    Where is this retail space located?
    The property is located at 117 S 3Rd St Rockford, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Gross lease includes almost all expenses (except utilities).; - Great visibility.; - Includes two employee parking spaces.
    (815) 979-4926
    Request Owner's contact information
    117 S 3Rd St Rockford, IL 61104
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    Rockford, IL 61104
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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
    117 S 3Rd St Rockford, IL 61104
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