Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Office Spaces

    4949 Harrison Ave, Rockford, IL 61109

    233,350 SF 7.78 ac lot Built 1987
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US28-0537695
    Property summary
    AI-generated overview

    This Winnebago County, Illinois office building at 4949 Harrison Ave, Rockford, IL 61109 offers 96,347 square feet of prime office space. Currently, 50,411 square feet is available for lease in multiple suites, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 20,000 square feet. The building features a sleek lobby, attractive common areas, and tenant suites with high ceilings and abundant natural light thanks to continuous window bands. Conveniently located with easy access to I-90 and Bypass 20/I-39, the property boasts an eleven-acre landscaped site with ample parking, including underground covered parking. Building amenities include a dining area, fitness center with workout equipment, racketball, ping pong, basketball and handball courts, and two outdoor patios. An EV charging station is planned for the near future. The building is situated near restaurants, shopping, and other business services. Second floor sublease space (9,000 SF) is available, and workstations and furniture may be included.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1987
    Total area 233,350 SF
    Lot 7.78 ac (338,897 SF)
    APN 16-05-226-013
    UPID US28-0537695
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Happy Harrison Rehabilitation Center Rehabilitation Center
    • Edward Jones - Financial Advisor: Jen Reisinger, ChFC®|AAMS™|CRPS™ Financial Advisor
    • Coinhub Bitcoin ATM Teller Atm
    • Sean Falsey Pharmacy
    • Nishant Thakar Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.07M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $12.43M
    Blend (final) Blend
    $10.40M
    Owner & transaction history
    Rockford City · 4 yrs held
    Rockford City
    since 2022
    Last sale
    $11.3M
    7 recorded transactions
    2022
    $11.3M
    2022
    2021
    2020
    2019
    2015
    $2.6M
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message