WIGHT CENTER

Office for Sale
Catylist Listing ID: 30748393
Property Subtypes: Governmental, High-Tech, Medical, Office Building, Research & Development
Building Size (RSF): 42,916 SF
Gross Land Area: 1.51 Acres
Sale Price: $475,000
Unit Price: $11.07 PSF
Property Use Type: Vacant/Owner-User
Building Name: WIGHT CENTER
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2021

Overview / Comments

ORIGINALLY BUILT IN 1889 AND EXPANDED IN 1920, THIS GORGEOUS SCHOOL BUILDING IN LOCATED IN DOWNTOWN ROCKFORD, ILLINOIS JUST ACROSS THE STREET FROM SWEDISH AMERICAN HEALTH SYSTEM. CONVERTED TO OFFICES IN THE 1980's AND HAS BEEN OCCUPIED AND MAINTAINED SINCE. MANY POTENTIAL USES. GYM, BACK UP GENERATOR, AIR CONDITIONED AND SPRINKLED.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $20,647 (Annual)
Assessed Value - Total($) $106,577 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1125151020 and 1125151021
Zoning: R2
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1920
Year Renovated: 2020
Construction/Siding: Brick
Parking Type: Surface
Parking Description: BLACKTOP
Total Parking Spaces: 57
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Hot Water
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Interior Description: FIBER SWITCH AVAILABLE.
Zoning Description: COMMERCIAL OFFICE
Water Service: Municipal
Sewer Type: Municipal
Legal Description: E H POTTERS ADDN LOT 16 THRU 020 BLOCK 004 and E H POTTERS ADDN LOT 015 BLOCK 004

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,988 117,243 194,540
Median Age: 33.53 35.01 37.79
Households: 8,573 45,738 77,234

Contact

Photograph of Listing Agent

Steve Clark, CCIM,SIOR

DICKERSON NIEMAN COMMERCIAL CMCPEX Member
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