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    1235 Mulford Rd Rockford, IL 61107

    For Lease
    $14 SF/Yr

    Prime Medical Office Space Available in Rockford, IL

    Lot size:
    62,175 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class B medical office building, located at 1235 N Mulford Rd, Rockford, IL 61107, offers a total of 62,175 square feet of space. Currently, there are two available suites, ranging from 4,796 to 4,928 square feet, representing a total of 9,724 square feet of vacant space. The building, constructed in 1988, enjoys a highly visible corner location at the intersection of Guilford and Mulford Roads, providing excellent exposure and accessibility. Its strategic location offers easy access to major transportation arteries, including I-90 and Highway 20, and is conveniently situated less than 20 minutes east of downtown Rockford. The property features ample parking, a significant advantage for both patients and staff. The building is multi-tenant, providing a diverse and established medical environment. This presents a unique opportunity for medical practices seeking high-visibility space in a thriving Rockford location. The building's size and layout offer flexibility for various medical specialties. Interested parties are encouraged to inquire about lease terms and availability for the vacant suites. This property is ideal for practices seeking expansion or relocation in a well-established and easily accessible location.

    Property Features for 1235 Mulford Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,175 SF
    Class
    B
    Total Rate
    72537.5

    Building Details

    Year Built
    1988

    Unit(s) available at that property

    Space
    Suite 103
    Size
    4,796 SF
    Rate per SF
    $14
    Space
    Suite 102
    Size
    4,928 SF
    Rate per SF
    $14

    HighLights

    • 62,175 SF Class B medical office building in Rockford, IL.
    • Two suites available, totaling 9,724 SF (4,796 SF & 4,928 SF).
    • High‑visibility corner location at Guilford & Mulford Roads, with easy access to I‑90 & Highway 20.
    • Ample parking.
    • Multi‑tenant building in established medical environment, less than 20 minutes from downtown Rockford.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Title Underwriters Agency Title Company Howard W. Weiss, ... Pain Management Physician W Stephen. Minore Pain Control Clinic Dr. Mark J. ... Pain Management Physician Lenox Healthcare for Women Women'S Health Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.9985857
    Latitude
    42.2812629

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space Available in Rockford, IL
    Where is this medical office located?
    The property is located at 1235 Mulford Rd Rockford, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 62,175 SF Class B medical office building in Rockford, IL.; Two suites available, totaling 9,724 SF (4,796 SF & 4,928 SF).; High-visibility corner location at Guilford & Mulford Roads, with easy access to I-90 & Highway 20.
    Request Owner's contact information
    1235 Mulford Rd Rockford, IL 61107
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    Rockford, IL 61107
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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
    1235 Mulford Rd Rockford, IL 61107
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