Two-Story Medical Office
For Sale
Contact for pricing
Pending
1235 North Mulford Rd, Rockford, IL 61107
Two-story, elevator-served medical office building built in 1988 and renovated in 2003.
Property SizeContact for details
Days on Market49
Property Features for 1235 North Mulford Rd
General Information
Standard status
Pending
Property subtype
Office
Listing Agency:
Marcus & Millichap - San Diego
Listed By:
Ben Tashakorian · License #CA 01333884
(858) 373-3176
Source:
Crexi
Added: Jul 21
Changed: Aug 25
Last Checked: Sep 7 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
The Cornerstone Medical Building is an elevator-served, two-story medical office property constructed in 1988 and renovated in 2003. The building contains 62,175 square feet and is currently positioned as a multi-tenant facility with an overall 83% occupancy. Medical Pain Management Services occupies 18% of the building, with MD SkinCenter and Northern Illinois Retina occupying an additional 31%, supporting a specialized mix of tenant spaces.
The property is located with convenient access to Interstates 90 and 30. It is also in close proximity to four hospitals with an aggregate of 1,068 beds, which can support ongoing demand for specialized healthcare services. The offering includes a value-add component, with 60% leased through 2024.
The property is located with convenient access to Interstates 90 and 30. It is also in close proximity to four hospitals with an aggregate of 1,068 beds, which can support ongoing demand for specialized healthcare services. The offering includes a value-add component, with 60% leased through 2024.
Key Highlights
- Two‑story, elevator‑served medical office building at 1235 N Mulford Rd, Rockford, IL, built in 1988 and renovated in 2003
- 62,175 SF, multi‑tenant medical office building with 83% occupancy
- 60% leased through 2024
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
Demographics for 61107, IL
30,722
Population
13,711
Households
2.2
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
14.9 sq mi
ZIP Area
2,062
Density / Sq Mi
$75,492
Median Household Income
$42,494
Median Earnings
$1,053
Median Rent
$165,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Two-story, elevator-served medical office building built in 1988 and renovated in 2003.
Where is this medical center located?
The property is located at 1235 North Mulford Rd Rockford, IL.
What are key features of this property?
This property features: Two‑story, elevator‑served medical office building at 1235 N Mulford Rd, Rockford, IL, built in 1988 and renovated in 2003; 62,175 SF, multi‑tenant medical office building with 83% occupancy; 60% leased through 2024
