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Office Unit with Private Office
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503 E 3rd St, Sterling, IL 61081

Configured with reception, semi-private workspace, storage, and a shared restroom.

Space Size700 SF
Days on Market49

Property Features for 503 E 3rd St

General Information

Standard status Active
Size 700 SF
Net Rentable 700 SF

Space & Availability

Available Space 700 SF
Contiguous Space 700 SF
Space Use Office
Private Offices 1

Lease Terms

Lease Rate $600 /USD/MO
Total Rate $600
Monthly Rent $600
Rent per SF/Year $10.29

Amenities

Shared restroom
Street parking

Building Details

Year Built 1960
Listing Agency: RE/MAX Sauk Valley
Listed By: Patricia Sword · License #471002760
Source: Liveliferealty
Added: Sep 7 Changed: Oct 16 Last Checked: Oct 7 at 3:33PM

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

Rey
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Investment Insights

Based on property information with market context.

This 700-square-foot office unit at 503 E 3rd St includes a reception area, semi-private workspace, private office, and a combined storage, copy, and hallway area. The layout can also accommodate retail use. Central heating and cooling serve the office, while a shared restroom supports the suite. Street parking is available, and utilities are included. The building was constructed in 1960.

Key Highlights

  • 700 square feet of office space
  • 13'6 x 19' reception area
  • 10' x 19' semi‑private area and 13' x 13' private office

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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

625
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - Configured with reception, semi-private workspace, storage, and a shared restroom.
Where is this office unit located?
The property is located at 503 E 3rd St Sterling, IL.
What are key features of this property?
This property features: 700 square feet of office space; 13'6 x 19' reception area; 10' x 19' semi‑private area and 13' x 13' private office
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