Commercial Property Near Medical
For Sale
Contact for pricing
1358 4th Ave, Rockford, IL 61104
Commercial property suitable for various income streams near medical facility.
Property Size42,916 SF
Price / SF$23.30
Days on Market877
Property Features for 1358 4th Ave
General Information
Standard status
Active
Size
42,916 SF
Class
A
Property subtype
Hospitality, Mixed Use, Multifamily, Office, Special Purpose
Investment Type
Owner/User
Building Details
Buildings
1
Stories
3
Units
1
Listing Agency:
Freeman Properties
Listed By:
Robert Freeman · License #OH
Source:
Crexi
Added: Apr 12, 2024
Changed: Sep 2
Last Checked: Sep 4 at 11:03AM
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 Freeman Properties
Investment Insights
Based on property information with market context.
This commercial property offers potential for developing various income streams. It is suitable for uses such as a daycare for children or adults, post-medical or rehabilitation treatments, luxury apartments or condominiums, business offices, or a hotel. The property may cater to the over 100,000 patients visiting the largest medical facility in the Midwest. The property has a size of 42916 square feet.
Key Highlights
- Versatile commercial property suitable for various income streams.
- Potential uses include daycare, medical/rehab treatments, apartments/condos, offices, or a hotel.
- Caters to over 100,000 patients visiting a large medical facility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,356
Businesses Nearby
Explore this area
Business Placement
Demographics for 61104, IL
17,354
Population
9,253
Households
1.9
Avg Household Size
32
Median Age
9%
College-Educated
75%
High-School Grad
4.5 sq mi
ZIP Area
3,856
Density / Sq Mi
$32,161
Median Household Income
$26,277
Median Earnings
$854
Median Rent
$83,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property suitable for various income streams near medical facility.
Where is this mixed-use property located?
The property is located at 1358 4th Ave Rockford, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Versatile commercial property suitable for various income streams.; Potential uses include daycare, medical/rehab treatments, apartments/condos, offices, or a hotel.; Caters to over 100,000 patients visiting a large medical facility.
