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1010 S 7th Street Rochelle, IL 61068 Commercial - Office Active

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Description

HUGE PRICE REDUCTION! Don't miss this turn key commercial opportunity in Rochelle! This property offers a completely renovated, approx. 2500 (mol) square foot building featuring 4 spacious, private offices, an additional breakroom/office area, and a large (19'x46' mol) open area in the center of the building with 15' ceilings, windowed walls and a 6' wide door for easy access. This area had been used as a vehicle showroom in the recent past but could be divided into additional offices or used as a beautiful lobby or reception area for your business. This building also offers 2 half bathrooms, mechanical room, welcoming entry foyer and additional storage space. This building has received the best of care and has received a new steel roof, commercial flooring, new paint, atrium style addition on the front of the building with all new windows, doors and stone facade since 2022. The second building has been recently constructed and is approx. 26'x 40' and is insulated and heated and features a concrete floor with drains, hot and cold water and 4 large overhead doors for easy access. The asphalt parking lot, as well as all of the concrete and exterior lighting has been installed since 2022 and is in like new condition. The existing security cameras will stay. There is room for approx. 80 cars on the parking lot. This property is located just seconds north of I-88 on Rt. 251 (also known as 7th St.) and features two driveways for easy ingress and egress, a strong traffic count, many large employers nearby, and would make a great location for any business, including a bank, medical or professional office, sales or any other use. The owner of this property spared no expense when the renovations were completed and this building is in impeccable condition. Take a look today, you will not be disappointed!

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 1986
Lot Size: 2.50 acres

General Information

County: Ogle
Listed By:
Bird Realty 815-973-6768
MRED MLS
$699,000
Est. $4,440/mo
Active
SQUARE FEET3,500 MLS#12569834
STATUSActive PROPERTY TYPECommercial - Office

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1010 S 7th Street, Rochelle, IL 61068.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $699,000$699,000$699,000
Down Payment $139,800$24,465$174,750
Monthly Mortgage Amount $3,263$4,005$4,180
Taxes $973$973$973
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$307$0
Monthly Estimated Total $4,440$5,489$5,357

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