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Multi-Tenant Office Building Investment

527 Colman Center Dr Rockford, IL 61108

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Two-story office building with interstate visibility and income potential.

Type:OFFICE
Property size:
59,506 SF
Lot size:
5.27 Acres
Price / SF:
$58/SF
Added:
May 13, 2026
Days on Market:
61
Last Refresh:
Jun 30 at 6:06 am

Property Features for 527 Colman Center Dr

General Information

Standard status
Active
Size
59,506 SF
Lot size
5.27 Acres
Property subtype
OFFICE

Listing office Dickerson Nieman Commercial

Listing date May 13, 2026

Source Moodyscre

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 Dickerson Nieman Commercial


Investment Insights

Based on property information with market context.

This multi-tenant office building, constructed in 1984, offers an investment opportunity with premier I-90 Interstate visibility. Located next to the Hard Rock Casino, this well-maintained two-story property features an exposed lower level. The building has approximately 45,488 square feet on the main and upper levels, plus an additional 10,000 square feet of finished exposed lower-level space. Elevator service provides access to all three floors, making the property functional for office, medical, professional service, or institutional users. The property is currently occupied by five tenants, with approximately 7,500 square feet of available first-floor space. The current owner occupies the entire upper level, creating an opportunity for an owner-user to control a significant portion of the building while generating income from existing tenants. The owner is willing to stay and sign a lease. Situated on 5.27 acres and zoned IL, the site offers 222 parking spaces, good ingress and egress, and an overhead loading door in the rear of the building. Additional features include a private well, city sewer service, and a new roof installed in 2021. The HVAC system has two Air Handler Units, with a newly installed AC Compressor in 2025. This strategically located property offers long-term upside in a rapidly developing commercial corridor with immediate interstate access and proximity to entertainment, hospitality, and retail amenities.

Key Highlights

  • Premier I‑90 Interstate visibility in a rapidly growing commercial corridor.
  • Stabilized income from existing tenants with owner‑user flexibility.
  • Significant owner‑user opportunity with the current owner occupying the entire upper level and willingness to lease back.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Northern Illinois Training ... Public Safety Office Rockford Mutual Insurance ... Financial Advisor Reaper City Estate ... Law Firm Syverson Dave Government Office Insures Administrative Corporation Insurance Agency

Suggested Use

Pharmacy Building Supply HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store Electrical Service Barber Shop Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Two-story office building with interstate visibility and income potential.
Where is this office building located?
The property is located at 527 Colman Center Dr Rockford, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Premier I‑90 Interstate visibility in a rapidly growing commercial corridor.; Stabilized income from existing tenants with owner‑user flexibility.; Significant owner‑user opportunity with the current owner occupying the entire upper level and willingness to lease back.
Contact an agent
(815) 979-4926 Call to check price and availability
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