Beautiful building in the heart of the city!

Office for Sale
Catylist Listing ID: 30565939
Property Subtypes: Governmental, Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 20,595 SF
Sale Price: $70,000
Unit Price: $3.40 PSF
Ceiling: 20 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Trekk Building
Class of Space: Class D
Usable Size (USF): 20,595 SF
Sale Terms: Undisclosed, Other
Cap Rate: Undisclosed
Last Updated: 9/26/2020

Overview / Comments

This gorgeous building, part of Rockford's rich downtown history, is available for the right buyer! High traffic corner close to many new redevelopment projects. Walking to shops, theater, restaurants. Steps away from Federal and County Courthouse. City of Rockford owned, all contracts must be accompanied by use proposals and plans. Allow time for City Council final approval.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: City of Rockford
Tax ID/APN: 1123307008
Zoning: C4
Property Located Between: Corner of Main and Mulberry
Property Visibility: Excellent
Highway Access: I-90 located 8 miles east. Highway 20 4 miles south.
Airports: Chicago Rockford International Airport 10 minurtes
Site Description: Hard corner of Main and Mulberry in the heart of downtown. Building is concrete, and wide open space on first and second floor. Vacant for years but in decent condition. Asbestos remediation has been completed.
Area Description: The area has enjoyed significant redevelopment, both privately and publicly funded. Living space, restaurants, shopping, museums and theater all in close proximity.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 10,000 SF
Year Built: 1909
Year Renovated: 2005
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Exterior walls are Glass and Masonry. Front facade needs repair but could be fantastic. Sits prominently amongst historic buildings that have been renovated and repurposed
Parking Type: Surface
Parking Description: negotiable parking with COR
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Fiber Optic
Interior Description: Interior needs work. Vacant for years but stable.
Zoning Description: C4 commercial. Retail/Business
Lot Frontage: 66
Lot Depth: 156.42
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee simple
Legal Description: West Rockford Lot 10 Block 13

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,928 105,527 181,240
Median Age: 32.45 34.16 37
Households: 7,740 40,846 71,762

Contact

Photograph of Listing Agent

Michael Hakanson

GAMBINO REALTORS CMCPEX Member
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