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Office Unit with Private Office
For Lease
$10.29 SF/Yr

503 E 3rd Street, Sterling, IL 61081

Office space with a reception area, private office, storage, shared restroom, and utilities included.

Space SizeContact for details
Property Size700 SF
Days on Market391

Property Features for 503 E 3rd Street

General Information

Standard status Active
Size 700 SF
Zoning COMMR

Taxes and HOA fees

Annual Taxes $3,034

Building Details

Building Size 700 SF
Year Built 1960
Stories 1
Units 1
Listing Agency: RE/MAX Sauk Valley
Listed By: Patricia Sword · License #471002760
Source: Perillorealestategroup
Added: Jul 24, 2025 Changed: Aug 18 Last Checked: Aug 18 at 12:15PM

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 RE/MAX Sauk Valley

Investment Insights

Based on property information with market context.

This 700-square-foot office unit includes a 13'6" x 19' reception area, a 10' x 19' semi-private area, a 13' x 13' private office, and a 13' x 6' storage, copy, and hallway area. The suite has central heating and cooling, a shared restroom, and street parking. The space could also support retail use.

The property is located at 503 E 3rd Street in Sterling, Illinois. Built in 1960, the office provides a compact commercial layout with defined reception, work, private office, and support areas.

Key Highlights

  • 700 square feet of office space
  • 13'6" x 19' reception area
  • 13' x 13' private office

Property Analytics

Current Use

Brent Martin American ... Insurance Agency Central Heating & Cooling ... HVAC Service Brent Martin Agency Insurance Agency American Family Insurance Financial Advisor

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Auto Parts Store HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.54 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space with a reception area, private office, storage, shared restroom, and utilities included.
Where is this office units located?
The property is located at 503 E 3rd Street Sterling, IL.
What is the lease rate?
The lease rate is $10.29 SF/Yr.
What are key features of this property?
This property features: 700 square feet of office space; 13'6" x 19' reception area; 13' x 13' private office
More about this property
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