Property profile

211 Il-38 Rochelle, IL 61068

OFF-MARKET
Office Spaces
4,500 SF 1.3 ac lot Built 1985
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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

Location

211 Il-38 Rochelle, IL 61068
Rochelle metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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