211 Il-38, Rochelle, IL 61068
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.