3490 Colony Bay Dr Rockford, IL 61109
Property profile & analytics
3490 Colony Bay Dr Rockford, IL 61109
- Apartment buildings
- 50,000 SF
- 2.74 lot acres
Property ID
US28-2631678
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tradesmen International / Construction Company / General Contractor
Property Details for 3490 Colony Bay Dr
- Year built
- 2012
- Lot size
- 2.74 lot acres
- Property size
- 50,000 SF
- Property type
- Apartment buildings
Description
This exceptional 50,000 square foot office condominium is situated in the Sandy Hollow Commons complex at a highly visible, signalized intersection in Rockford, Illinois. Its prime location offers easy access to US Highway 20, just two blocks from the interchange, ensuring high visibility and convenient commuting for employees and clients. The energy-efficient building boasts modern amenities. This particular unit, the largest of three currently available for immediate occupancy, presents a significant opportunity. It features a substantial 1,512 square foot basement, adding considerable flexibility for storage or additional workspace. The unit's dual entrances, one facing east onto Alpine and the other south, provide optimal access and visibility. Seller financing is available with a 20% down payment, making this an attractive option for businesses seeking ownership. Alternatively, monthly rental is available at $1512, inclusive of taxes and condominium association fees. Four additional units at the east end of the building are available for build-to-suit options, presenting further expansion possibilities. The property is currently vacant and readily accessible via lockbox. This is a rare opportunity to acquire a substantial, well-located office condominium in a thriving area. The 2.74-acre lot provides ample space and parking.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.02988
- Latitude
- 42.22475
