0 Madison St Rockford, IL 61104
This exceptional two-story medical office building, located at 1 S Madison St in Rockford, IL 61104, offers a unique opportunity for medical professionals seeking a prominent downtown location. The building, constructed in 1925 and extensively renovated in 2016, boasts 26,400 total square feet and features three suites, with 10,330 square feet currently available. Individual suites range from a minimum of 1,400 square feet to a maximum contiguous space of 3,250 square feet, providing flexibility for various practice sizes. The building is classified as Class B and sits on a 0.31-acre lot. Convenient amenities include an elevator. The property's C4 COMMERCIAL zoning allows for a variety of medical uses. Its picturesque setting overlooks the state street corridor, offering exceptional access to a vibrant mix of shopping, dining, and entertainment options. The building's address is conveniently located in the heart of Rockford, Illinois. The APN is 1123383001. This is a rare opportunity to establish or expand a medical practice in a highly desirable and accessible location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.