An outstanding opportunity to acquire a well-maintained 16-unit multifamily asset comprised of a 12-unit apartment building constructed in 1977 and an attached four-unit farmhouse originally built in 1910. This unique property offers a diverse unit mix, consistent occupancy, and a proven history of stable operations. The property has benefited from ongoing capital improvements, including new exterior deck stairs, updated Pergo flooring in many units, new tile bathroom flooring, and numerous interior updates completed throughout the years as units have turned over. Pride of ownership is evident, with continued investment in both the buildings and individual apartments. The 12-unit apartment building features individually metered electric heat, with tenants responsible for their own electric service. Ownership pays water, sewer, and trash. The attached farmhouse is served by hot water heat, with ownership paying heat, water, sewer, and trash, providing an efficient utility structure for the property. With a consistently low vacancy rate, this investment offers dependable cash flow, limited turnover, and strong long-term performance. The combination of steady occupancy, ongoing improvements, and attractive operating characteristics makes this an excellent opportunity for investors seeking a stable, income-producing multifamily asset with future upside potential.
High-visibility, fully renovated commercial opportunity located directly on Route 251 just seconds from a major interstate, with over 7,000 vehicles passing by daily. Situated on approximately 2.5 acres, this property offers capacity for 80+ vehicles and features a completely updated main building with roughly 2,500 square feet of office, showroom, and customer space-designed for functionality and immediate use. A standout feature is the newer 26x40 heated and insulated garage, equipped with hot and cold water, floor drains, and four large overhead doors-ideal for detailing, washing, or expanding service operations. The property also includes a professionally maintained asphalt parking lot and updated exterior lighting completed in 2022, enhancing both visibility and security. All existing security cameras will remain, providing added value and peace of mind. Originally designed for automotive use, this site offers exceptional flexibility for a dealership, service or detailing operation, contractor yard, or other commercial ventures requiring strong visibility, accessibility, and outdoor storage. With major updates already completed and strong daily traffic exposure, this is a turnkey opportunity for an owner-user looking to launch, expand, or reposition their business in a high-demand location.
Discover an exceptional commercial building now available for immediate possession in the growing community of Rochelle IL, offering an impressive 12,150 square feet of heated and cooled space. This property features a convenient overhead door at the rear, making access to the large open storage area effortless. The building boasts several offices finished with elegant oak detailing, creating a professional atmosphere. Situated on a spacious 1.2-acre lot, this facility includes ample parking with 35 dedicated spaces. Currently divided in half, there is the potential for the owner or tenant to rent out one side for additional income. The steel structure and brick facade enhance the building's durability and appeal, while the large vestibule entry welcomes visitors on both sides. This property is also located in the Lee Ogle Enterprise Zone. Benefit from the high traffic count of 8,150 units daily, making this location ideal for a single owner-occupant, dual occupants, or as a wise investment opportunity. Don't miss your chance to secure this versatile property-call today for more information!
All Brick Office Building for sale with 4050 sqft and a new 35-year ROOF and gutters (installed 2023). Located just one building north of Highway 38 in Rochelle, IL with great access and visibility. Also located just 1 mile west of Interstate 39. The building has 3 units and a common vestibule area with 2 bathrooms. Current tenant in the building is a physical rehab clinic. There are two units for lease: The 1st unit is 820 sqft and priced at $1175/month and the 2nd unit is 1822 sqft, priced at $2450/month and was formerly a dental office. The 2 leasable spaces are side by side allowing for a max rentable space of 2620 sqft if a bigger space was needed!

Rochelle is located in Illinois. Rochelle, Illinois has a population of 9,380. Rochelle is less family-centric than the surrounding county with 21.51% of the households containing married families with children. The county average for households married with children is 27.12%.
The median household income in Rochelle, Illinois is $50,500. The median household income for the surrounding county is $67,534 compared to the national median of $69,021. The median age of people living in Rochelle is 40 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 12 degrees. The average rainfall is approximately 35.7 inches per year, with 27.6 inches of snow per year.