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    3212 Auburn St Rockford, IL 61101

    Sponsored
    For Sale
    $1,675,000

    Dollar General-anchored, high-traffic location.

    Property size:
    25,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 25,750-square-foot executive office building located at 3212 Auburn St, Rockford, IL 61101. The property, situated on a 1.82-acre lot, boasts a Class B designation and features a single, one-story building constructed in 1965 and extensively renovated in 2023. Currently 100% occupied by Dollar General under a net lease agreement, the occupancy date is January 31, 2024. The property offers ample parking with 65 spaces and benefits from a C2 permitted zoning classification. The asking price is $1,675,000, translating to a price per square foot of $65.05. The property's high-traffic location on Auburn Street, with access from both Auburn and Avon Streets, is enhanced by its proximity to strong residential development. The property's strong tenant and high occupancy rate make it an attractive investment. The 2023 real estate taxes were $26,350. The property's APN is 11-15-328-010 and is owned by Auburn Holdings LLC. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable Rockford location.

    Property Features for 3212 Auburn St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    25,750 SF
    Class
    B
    Lot Size
    79,279 SF

    Building Details

    Year Built/Renovated
    1965/2023
    Buildings
    1
    Stories
    1

    HighLights

    • $1,675,000 asking price for this 25,750 square foot office building.
    • Net lease investment opportunity with a Dollar General tenant.
    • 100% occupancy, with lease expiring January 31, 2024.
    • Class B property, single‑story building constructed in 1965, renovated in 2023.
    • Located on a 1.82‑acre lot at 3212 Auburn St, Rockford, IL 61101, with 65 parking spaces.
    • C2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Levels Clothing Inc. Clothing Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.10722809
    Latitude
    42.28803998

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    FAQs

    What type of property is this?
    Office Property / Space - Dollar General-anchored, high-traffic location.
    Where is this office property / space located?
    The property is located at 3212 Auburn St Rockford, IL.
    What is the asking price?
    The asking price for this property is $1,675,000.
    What are key features of this property?
    This property features: $1,675,000 asking price for this 25,750 square foot office building.; Net lease investment opportunity with a Dollar General tenant.; 100% occupancy, with lease expiring January 31, 2024.
    Request Owner's contact information
    3212 Auburn St Rockford, IL 61101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3212 Auburn St Rockford, IL 61101
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