3212 Auburn St Rockford, IL 61101
- Office Properties & Spaces
- 25,750 SF
- 1.82 lot acres
Current Use by Public Records
- Levels Clothing Inc. / Clothing Store
Property Details for 3212 Auburn St
- Year built
- 1965
- Lot size
- 1.82 lot acres
- Property size
- 25,750 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.1072
- Latitude
- 42.288
