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    403 E 3Rd St Sterling, IL 61081

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    For Sale
    $1,650,000

    Class A office building in downtown Sterling, Illinois for sale.

    Property size:
    13,000 SF
    Lot size:
    0.62 Acres

    Property Features for 403 E 3Rd St

    General Information

    Size
    13,000 SF
    Lot size
    0.62 Acres

    Source: Joseph Rossi & Associates, Inc (JRA) - Corporate Agent Scott Fitzgerald

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

    Overview

    Downtown Sterling Class A Office

    This 13,000 square foot Class A masonry office building is located in downtown Sterling, Illinois, approximately 100 miles west of Chicago and 45 miles east of the Quad Cities. Recent upgrades to the property include a new roof, ADA-compliant restrooms, and parking improvements. The building is situated near City Hall, the U.S. Post Office, and the courthouse. Anchored by a national CPA and consulting firm, the property has maintained 100% occupancy since 1992, offering a stable investment opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Wipfli Accountant

    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
    Sterling
    County
    Whiteside
    State
    Illinois
    Longitude
    -89.6898622
    Latitude
    41.78918

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    FAQs

    What type of property is this?
    Office building - Class A office building in downtown Sterling, Illinois for sale.
    Where is this office building located?
    The property is located at 403 E 3Rd St Sterling, IL.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - 100% occupancy since 1992, providing a stable, high-credit investment.; - Anchored by a top national CPA and consulting firm.; - Located in downtown Sterling, Illinois, near City Hall, the U.S. Post Office, and the courthouse.
    (312) 523-3176
    Request Owner's contact information
    403 E 3Rd St Sterling, IL 61081
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    Sterling, IL 61081
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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
    403 E 3Rd St Sterling, IL 61081
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