Commercial Property Near Medical
For Sale
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1358 4th Ave, Rockford, IL 61104
Commercial property suitable for various income streams near medical facility.
Property Size42,916 SF
Price / SF$23.30
Days on Market923
Property Features for 1358 4th Ave
General Information
Standard status
Active
Size
42,916 SF
Class
A
Property subtype
Hospitality, Mixed Use, Multifamily, Office, Special Purpose
Investment Type
Owner/User
Building Details
Buildings
1
Stories
3
Units
1
Listing Agency:
Freeman Properties
Listed By:
Robert Freeman · License #OH
Source:
Crexi
Added: Apr 12, 2024
Changed: Oct 14
Last Checked: Oct 20 at 6:04PM
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 Freeman Properties
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Investment Insights
Based on property information with market context.
This commercial property offers potential for developing various income streams. It is suitable for uses such as a daycare for children or adults, post-medical or rehabilitation treatments, luxury apartments or condominiums, business offices, or a hotel. The property may cater to the over 100,000 patients visiting the largest medical facility in the Midwest. The property has a size of 42916 square feet.
Key Highlights
- Versatile commercial property suitable for various income streams.
- Potential uses include daycare, medical/rehab treatments, apartments/condos, offices, or a hotel.
- Caters to over 100,000 patients visiting a large medical facility.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,356
Businesses Nearby
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Business Placement
Demographics for 61104, IL
17,354
Population
9,253
Households
1.9
Avg Household Size
32
Median Age
9%
College-Educated
75%
High-School Grad
4.5 sq mi
ZIP Area
3,856
Density / Sq Mi
$32,161
Median Household Income
$26,277
Median Earnings
$854
Median Rent
$83,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property suitable for various income streams near medical facility.
Where is this mixed-use property located?
The property is located at 1358 4th Ave Rockford, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Versatile commercial property suitable for various income streams.; Potential uses include daycare, medical/rehab treatments, apartments/condos, offices, or a hotel.; Caters to over 100,000 patients visiting a large medical facility.
