345 Executive Pkwy Rockford, IL 61107-5340
Property summary
This two-story, 13,198 square foot Class B office building, built in 1992 and renovated the same year, offers a vibrant workspace with an invigorating lakeside view. Located in a thriving business environment on Executive Parkway, this property provides excellent visibility with a pylon sign and monument signage. The building features bright ceramic foyers and skylights, creating a welcoming atmosphere for employees and clients. A new parking lot with 100 spaces and superior landscaping enhance the property's appeal. The 3,710 square feet of currently vacant space is divisible into units of at least 1,000 square feet, making it ideal for a growing business or medical practice. This location boasts high traffic and easy access to major transportation arteries, including I-90, US-20, and I-39, placing it within minutes of key areas such as hospitals and other major roadways. Situated in Winnebago County, this property benefits from its proximity to the Rockford airport, multiple railroads, and major highways. The building sits on 1.32 acres of land and is zoned for commercial office use. 24-hour emergency property management is provided. The building is adjacent to the executive Mulford Village Office Park, offering a professional and successful atmosphere.
Property profile
VerifiedCap rate & NOI
Current use
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Engineer
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Medical Clinic
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Medical Clinic
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Gym & Fitness Center
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Hair Salon
Value estimations
Owner & transaction history
Zoning & alternative use
21-001-B. C-1, LIMITED OFFICE DISTRICT 1. The C-1, Limited Office district is intended to accommodate low-intensity office development in close proximity to residential uses. 2. The C-1 district is intended to serve as a…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C1 · Rockford, IL21-001-B. C-1, LIMITED OFFICE DISTRICT 1. The C-1, Limited Office district is intended to accommodate low-intensity office development in close proximity to residential uses. 2. The C-1 district is intended to serve as a…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for C1 in Rockford, IL.
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