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    3926 Broadway Rockford, IL 61108

    For Sale
    $169,900

    3,050 SF brick office building with two units.

    Property size:
    3,050 SF
    Lot size:
    0.30 Acres

    Property Features for 3926 Broadway

    General Information

    Size
    3,050 SF
    Lot size
    0.30 Acres

    Source: Dickerson Nieman Commercial Agent Debbie D Rheingans

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

    Overview

    Two-Unit Brick Office Building

    This is a 3,050 square foot, single-story brick office building containing two units. The south side unit, 3926, is 1,309 square feet and features two exterior doors, a private entrance, two restrooms with a utility area, a lobby, a private office, and an open work area. This unit is currently vacant. The north side unit, 3934, is 1,746 square feet and includes one exterior door, three large offices, an admin area, an open workspace, a meeting room, and one restroom with a utility area. This unit is currently occupied. The building has a newer roof installed in 2020, one new A/C unit, and separate utilities. An office safe will remain with the property. The property is being offered for sale in "AS IS" condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jim Dixon Realtors Real Estate Developer

    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
    -89.0308775
    Latitude
    42.2529711

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    FAQs

    What type of property is this?
    Office building - 3,050 SF brick office building with two units.
    Where is this office building located?
    The property is located at 3926 Broadway Rockford, IL.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Two-unit office building with separate utilities, offering potential rental income from one unit while occupying the other.; - Larger north side unit (1,746SF) is currently occupied, providing immediate income potential.; - Newer roof (2020) reduces immediate maintenance concerns.
    (815) 540-8778
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    3926 Broadway 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
    3926 Broadway Rockford, IL 61108
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