320-326 Jefferson St Rockford, IL 61101
This exceptional multi-use building, situated at the bustling corner of Church and Jefferson Streets in Rockford, Illinois, presents a unique opportunity for businesses seeking prime downtown office space. The 19,732 square foot building, constructed in 1930 and renovated in 2017, boasts a Class B designation and offers seven suites, with five currently available, ranging from 1,012 to 1,412 square feet. The property features a two-story design, providing ample space for various business needs. The building is zoned C4 and sits on a 0.24-acre lot in the heart of Rockford's historic West Downtown and River District. Benefit from high visibility and heavy traffic flow, exceeding 7,000 vehicles daily, due to its strategic location on a major intersection with a traffic signal. Convenient amenities include 35 parking spaces (located at 210 N Main St.) and free street parking. The building's central location offers easy access to major roadways, including Illinois Route 2, Illinois Business 20, and is conveniently located 3.9 miles north of the US Route 20 Interchange connecting to I-39/I-90. Nearby attractions include the BMO Harris Bank Center, Coronado Performing Arts Center, Davis Park, Memorial Hall, and the new Embassy Suites Hotel. This is an ideal location for businesses seeking a prominent presence in Rockford's vibrant downtown core. The minimum divisible space is 1,012 square feet.
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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Risks
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