This commercial property, located within Dekalb's Opportunity Zone just outside NIU campus and Husky Stadium, offers immense potential. With its class B building boasting an open floor plan and high ceilings, spanning 13,650 square feet on a 1-acre lot, it presents a versatile space. Accompanied by 75 parking spaces and a 950 square foot outdoor patio, the property also includes a 4-bedroom, 2-bathroom apartment above. Perfect for a range of businesses, from restaurants and nightclubs to live music venues and banquet halls, the space invites creative exploration. Moreover, its adaptability extends to potential uses such as grocery stores, medical facilities, housing, storage, or leased parking. Bring your ideas to life in this dynamic property with endless possibilities.
Enjoy a 10% CAP on your investment from these 3 leased Fraternity Houses. NOI $236,539. This assemblage consists of 910 & 928 Hillcrest + 918 Kimberly. 80 rooms + apt. Block & Brick construction. Built 1966, 1969 & 1966. Adequate off-street parking. Wet Sprinkler compliant.
Vacant former Fraternity House on Northern Illinois campus. Property features 24 rooms with potential for 48 person occupancy. First floor features common area, and there is a full basement with a kitchen, dining area, and additional common areas. Second and third floor have large shared bathrooms. This is a great opportunity to continue for shared student housing with an appealing location near the Campus.
Wonderful brick building offers approximately 3200+sq. feet and is located near downtown Rockford sitting at the corner of a busy intersection. Plus this location has an adjacent parking lot with 10 parking spots and offers plenty of foot traffic. The large kitchen has an existing hood, dishwashing sinks, a pass-through window, office and a huge dining area. Add your equipment and your creative ideas, this restaurant will be full of all possibilities to be successful! Property sold "as is". Nearby restaurants include McDonald's, Burger King and Subway; also, cross street is an apartment building with nearly 70 residents, this restaurant is just minutes away from UW Health.
Receivership Sale - Vacant former fraternity house on Northern Illinois Campus. Three story building with 28 bedrooms. Shared bathroom/showers on each floor and a full finished basement with a kitchen. Could be continued as student housing or an ideal apartment conversion. Sale subject to court approval
Great business opportunity! 209 is a separate 1,275 SF space for $800 a month($7.50 PSF). Space 207 is 2,557 SF for $1500 a month. May lease it separately or lease all both units together. First level has a commercial kitchen. Very spacious. More parking spaces on the rear side. Located in an up-and-coming area of downtown Rockford. Call listing agent for all showing!
Industrial Opportunity with over 20,000 square feet of industrial space available to suit many business endeavors! Complete with plenty of power, 2 OH doors, and 1 loading dock. Plenty of office or storage space. 16ft clear height in warehouse. Heated courtyard for easy snow removal. Newer roof over 2nd floor. Has basement. Sprinkler system recently inspected and up to date. Some photos virtually cleaned/staged. Please provide proof of funds or pre-approval prior to requesting showing.
Well Maintained 9,000 plus sq ft building has a special bonus an attached covered parking garage ideal for staff, located at 105 S 5th Street. This is a three story building with full basement. Hardwood floors and high ceilings adds to the unique charm of this opportunity. Currently the first level is utilized as office space, level two is set up for meeting space with serving space and bar, level three is open. There are so many options stand alone office to retail or possible addition of residential lofts. Bring your concept and create this buildings next future.
Used as a Real Estate office since 1972. Zoned C-2 (See attachment). Newer roof, thermo-pane windows, 2-year-old furnace, freshly sealed parking lot with 9 spaces in the back. Utilities are approximately $1,600/annually. Central Air offers private conference rooms and private offices. Both City/Sewer, English style, 2-story, stucco, poured concrete basement. Possible wood under the carpet, the fireplace has never been used, sold "AS-IS".
Long time automotive repair with great visibility. Building has 4 overhead doors, 240v 3 phase power, 2 post hoist 9K pound capacity, compressor, tons of tools, equipment and inventory. This could be a turnkey business sale! There is a second building (1840 sqft) on the parcel that is currently being used for cold storage. (610 Market St). Being sold as-is.
Retail Building for Sale. Great Location - Right Across from NIU!!! Spaces also available for lease - spaces range from 3,328 to 5,695 square feet. Co-tenants include the Dominos, Panda House, Sharks, Cast Iron Coffee, a Barber Shop, and Graham Crackers. Plenty of Parking.
Fabulous opportunity for potential owner / user to own a mixed use building on the 4 lane. Run your business on the first floor, while collecting rents from 6 apartment tenants. Apartment breakdown = 5 One Bedroom & 1 Two Bedroom. Great location with pylon signage and a two story masonry building. With under market rents, this property has some major upside. A solid investment that could garner a double digit return with a little effort and self management. 24 hour notice required.
4560 sq ft brick office bldg with 4 suites. Offered "AS IS" Current owner is Hometown Association of Realtors. 3 of the tenants currently have leases and one tenant is MTM. Many are long-term tenants. Sale is contingent upon new owner entering into a 1-year lease with Hometown. 24-hour notice required & both 2nd floor Tenants must be present for showings. Rent roll is available upon request. Metal plaque near entrance may be removed by ownership prior to moving. Elevator does not work. Note: there is an easement and right of way agreement for the shared driveway.
Great Opportunity to own your own building and do your own thing. Lots of possibilities especially with the heated garage in back of building. The Building has had many upgrades such as furnace, flooring, water heater. Has sprinkler system. Over 3000 sq ft to work with. Located in an up and coming downtown area of Rockford.
Commercial building with many possibilities. Office spaces with heat and A/C. One used as reception area, others as private offices. 2 half baths. 40 x 54 heated shop with 5 dock doors featuring heavy duty Commercial doors with a semi approach. Possible 12 inside parking spaces. Has added overhead storage. Inside 90% new paint. Small encroachment on railroad 903.00 goes up 3% per year. Extra 124 x 82 fenced-in lot with plenty of room for parking or other oppuntunties. A great place to start or expand your business.Used for a warehouse and business for many years. Located close to interstate roads. Call for a private showing.
This formerly was a state-of-the-art Seed Research center, with 2 large greenhouses that have updated automatic shutters and heaters for year-round growing. The office complex features 12 offices and 3 labs on the first floor, and in the lower level there are offices, large storage areas, seed vaults (With filtration and cooling), furnace room and more. Fire protection is with City water fire suppression sprinkler system (Updated). All electric has been updated. This property also includes a 45ft x 30ft cold storage pole barn. The building is all brick and has been impeccably maintained. Internet hookups, security system and newer furnaces in the office portion. The property includes 2 Greenhouses approx. 1600 sq ft each, complete with heat and water. Attached to the greenhouse is a 1600 sq ft climate-controlled room. This property lends itself to many possibilities. Take a look today at your next venture..
CAR CORNER located off busy intersection. Rare opportunity to purchase an automobile sales facility on heavily traveled State Route 23. The owner is retiring and has been running a highly successful operation for over the past 20 years. Head them off at the pass, and be the first dealership to be seem of the ever expansive DeKalb County Car Row. Over 500 LF of combined road frontage for auto display. Low maintenance sales building with twin bay detail shop. Other viable uses include restaurant, medical and retail. Let the good times roll!
Industrial property conveniently located on Wiscold Drive. This area has an 80,000 pound industrial road, all city utilities, and convenient access to I-88 and I-39. Owner occupied.
Excellent investment opportunity. Leased with a national tenant since 2014. Gross income for 2022 was approximately $65,784 with net income of $44,682. CAP rate of 8.2% based on 2022 income. Rent increases 2.5% annually. Condo Association takes care of the common area maintenance. The 2,886 SF brick office condo is located in an established high end area of medical and professional buildings of the Midlands Professional Campus of Sycamore, IL. Centrally located DeKalb and Sycamore. The condo features suites and conference room. Great privacy since the building consists of only 2 condo units.
8 unit, Investment opportunity. Walking distance to campus. 4 two bedroom units and 4 one bedroom units. Rents range from $725-$825 a month. Laundry on site, coin operated units owned. Off street parking. Tenants pay all utilities and electric and water separately metered. Fully occupied, good investment opportunity. Driveway redone 2023.
Completely remodeled building. Multiple unit building with one current tenant. Owner user or investment property. Multiple properties available, at 711, 717 and 725 N 1st Street on the market.
Well maintained 6400 sq ft office building with 800 sq ft mezzanine. Brick construction. Built in 2006. High trim level. Numerous private offices, open bullpen area, IT room w sep controls, break-area & M/W restrooms. 4 HVAC units(zoned). Parking & access in front & rear. Floorplan would accommodate multi-tenant or single tenant users.
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