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    OFF-MARKET
    Office Spaces

    211 Il-38, Rochelle, IL 61068

    4,500 SF 1.3 ac lot Built 1985
    Property ID
    Property summary
    AI-generated overview

    This exceptional single-tenant executive office building presents a rare opportunity in Rochelle, IL. Located at 211 IL-38, this 4,500-square-foot property sits on a generous 1.3-acre lot, offering ample space and potential for expansion. Built in 1985, the single-story structure is classified as Class C and is currently entirely vacant, providing immediate occupancy for a discerning business. The entire 4,500 square feet is available for lease, making it ideal for a company seeking a substantial and self-contained workspace. The property's location in Rochelle, Illinois, offers convenient access to major transportation routes, ensuring easy commutes for employees and clients. The expansive lot size provides ample parking and potential for future development or outdoor amenities. This is an excellent opportunity to establish a prominent presence in a thriving community. The property's single-tenant configuration simplifies management and offers a unique opportunity for a business seeking a dedicated and private workspace. The building's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing for rapid business expansion. This property is ready for immediate occupancy and offers a unique opportunity for a business seeking a substantial and self-contained workspace in a convenient location. The address is 211 IL-38, Rochelle, IL 61068.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1985
    Total area 4,500 SF
    Lot 1.3 ac (56,628 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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