Property profile

4215 Newburg Rd Rockford, IL 61108

OFF-MARKET
Office Spaces
Property ID
US28-2372419
10,305 SF 0.77 ac lot Built 1979
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,637 square foot office building is situated on a 0.77-acre lot at 4215 Newburg Road in Rockford, Illinois. Its prime location in the heart of east Rockford offers unparalleled visibility and convenient access to I-90, ensuring high traffic and easy commutes. The building boasts a thoughtfully designed layout, perfect for a variety of businesses. The first floor features a welcoming reception area, multiple private offices ideal for individual work or team collaboration, a dedicated conference room for meetings and presentations, and a large open area suitable for various uses. Two ADA-compliant bathrooms are conveniently located on this floor. The fully finished lower level provides even more space, including a spacious conference/training room, a functional kitchen, utility rooms, and another ADA-compliant bathroom. Accessibility to the lower level is effortless, with access provided by two separate stairways and a convenient elevator. The building is further enhanced by a new tear-off roof installed in 2017, ensuring long-term structural integrity and peace of mind. This property presents a rare opportunity to acquire a well-maintained, spacious, and strategically located office building in a thriving area of Rockford. The asking price is $449,900.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1979
Construction WOOD
Total area 10,305 SF
Lot 0.77 ac (33,541 SF)
Zoning code C1
APN 12-32-202-001
UPID US28-2372419

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Physician
  • Physician
  • Counselor

Location

4215 Newburg Rd Rockford, IL 61108-6479
Rockford metro Census 501 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2026
Last sale
$26,000
3 recorded transactions
2026
$324,000
2026
Price N/A
2021
$26,000

Zoning & alternative use

C1 · Rockford, IL
Zoning description

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…

General category COMMERCIAL

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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