All-Brick Office
For Sale
Contact for pricing
Pending
6068 Palo Verde Dr, Rockford, IL 61114
All-brick office building with established medical and office tenancy and the option for owner-occupancy with notice.
Property Size6,038 SF
Days on Market66
Property Features for 6068 Palo Verde Dr
General Information
Standard status
Pending
Size
6,038 SF
Property subtype
OFFICE
Listing Agency:
GAMBINO REALTORS-Rkfd
(815) 378-6353
Listed By:
Frank Gambino
(815) 378-6353
Source:
Moodyscre
Added: Jun 16
Changed: Aug 8
Last Checked: Aug 20 at 11:02AM
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 GAMBINO REALTORS-Rkfd
Investment Insights
Based on property information with market context.
This all-brick office building presents a straightforward office configuration suitable for professional use. The current occupancy is described as split evenly between doctor tenants and another tenant, with the option for an owner-occupant to take space with notice.
The property is located at 6068 Palo Verde Dr, Rockford, IL 61114, in an area described as excellent and positioned just off the corner of Mulford Rd and Riverside Blvd.
For buyers seeking an office or medical office option, the building’s existing tenant mix may support continued income while providing flexibility for a physician practice or professional firm to occupy space with advance notice. It is also well-suited for investors evaluating a leased office asset with a meaningful portion tied to doctor tenants.
The property is located at 6068 Palo Verde Dr, Rockford, IL 61114, in an area described as excellent and positioned just off the corner of Mulford Rd and Riverside Blvd.
For buyers seeking an office or medical office option, the building’s existing tenant mix may support continued income while providing flexibility for a physician practice or professional firm to occupy space with advance notice. It is also well-suited for investors evaluating a leased office asset with a meaningful portion tied to doctor tenants.
Key Highlights
- All‑brick office building with established medical and office tenancy
- 50% of the building is leased to doctors
- Additional 50% is leased to a tenant, with potential for owner‑occupancy with notice
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
Explore this area
Business Placement
Demographics for 61114, IL
15,569
Population
6,599
Households
2.4
Avg Household Size
49
Median Age
47%
College-Educated
95%
High-School Grad
8.1 sq mi
ZIP Area
1,922
Density / Sq Mi
$83,472
Median Household Income
$47,406
Median Earnings
$1,284
Median Rent
$196,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - All-brick office building with established medical and office tenancy and the option for owner-occupancy with notice.
Where is this office building located?
The property is located at 6068 Palo Verde Dr Rockford, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: All‑brick office building with established medical and office tenancy; 50% of the building is leased to doctors; Additional 50% is leased to a tenant, with potential for owner‑occupancy with notice
