Eric Schlutz, ALC
Description
Positioned on the highly traveled route 251, this commercial property offers excellent exposure, strong traffic counts, and convenient proximity to major interstates. The property offers nearly 9,000 sq. ft. of mixed office/retail space, including over 3,200 sq. ft. of warehouse/storage space with large overhead doors. The spacious warehouse area is insulated and equipped with power and floor drains, providing excellent functionality for a variety of business or storage needs. The remaining space offers tremendous flexibility with the potential for office, retail, service, restaurant, or other commercial uses, allowing a new owner to configure the property around their specific business needs or potentially accommodate multiple tenants. Three phase power provides the electrical capacity needed for a wide range of commercial operations. Zoned B-2, this versatile property is well suited for an owner user, investor, or growing business seeking a combination of customer facing space, offices, and warehouse/storage. With all of these highlights, your new business location awaits.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1972
Lot Size: 1.13 acres
General Information
County: Ogle
Listed By:
Re/Max of Rock Valley
815-732-9100
MRED MLS
MLS ID: 12766594
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903 S 7th Street, Rochelle, IL 61068.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $675,000 | $675,000 | $675,000 |
| Down Payment | $135,000 | $23,625 | $168,750 |
| Monthly Mortgage Amount | $3,502 | $4,299 | $4,341 |
| Taxes | $939 | $939 | $939 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $297 | $0 |
| Monthly Estimated Total | $4,638 | $5,732 | $5,477 |
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