2126 Perryville RdRockford, IL 61107

Property Details for 2126 Perryville Rd

Year built

1999

Construction

WOOD

Lot size

1.12 AC

Property size (Sq ft)

14,030 SF

Zone code

C2

Property type

Office properties

APN

12-15-227-010

APU

1215227010

Description

This single-story, 14,730-square-foot office building, situated on 1.11 acres in Winnebago County, presents a fantastic opportunity. Currently, 4,213 square feet of space is immediately available, ideal for a variety of uses, including medical, executive, or traditional office settings. The building features multiple offices of varying sizes, complemented by a spacious reception/waiting area, perfect for client interaction. Its convenient location offers high visibility and accessibility, just minutes from I-90, a major thoroughfare boasting over 31,000 vehicles daily. Benefit from prominent signage opportunities on a busy Rockford street. The property includes 75 parking spaces for ample tenant and visitor convenience. Built in 1990, this Class C building is zoned for commercial use and lacks elevators. The maximum contiguous space available is 4,213 square feet, making it suitable for a single tenant or divisible for multiple occupants. This property offers a blend of established infrastructure and high-traffic location, making it an attractive investment for businesses seeking a prominent presence in Rockford.

• CAP approach

  CAP return

  Valuation

  6%

  $2,533,283

  6.5%

  $2,338,415

  7%

  $2,171,386

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,424,370

  Geo Method

  $1,827,408

• Alternative Use

  Use

  Valuation

  Residential

  $2,899,635

  Hospitality

  $2,656,050

  Educational

  $2,209,802

  Medical

  $2,285,801

  Retail

  $3,437,470

Location Insight

City

Rockford

County

Winnebago

State

Illinois

Latitude

42.2942

Longitude

-88.9808

CBSA code

40420

CBSA name

ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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