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Investment Highlights

  • Class C commercial building
  • Value-add investment opportunity
  • Flexible floor plan

Executive Summary

Opportunity to acquire a Class C commercial property located along South Main Street in Rockford. This property offers strong street frontage, solid visibility, and convenient access to downtown and surrounding neighborhoods.
The building presents a value-add opportunity for investors or owner-users willing to bring vision and updates to the space. With a flexible layout suitable for retail, office, or service-oriented uses, this property offers long-term upside at an attractive price point.
Some TLC is needed, making this an excellent candidate for renovation, repositioning, or redevelopment.
Property Highlights:
Class C commercial building
Prominent S. Main Street frontage
Flexible floor plan
Strong visibility and signage potential
Convenient access to downtown Rockford
Value-add investment opportunity
Property is being sold AS IS, WHERE IS, with all contents and property inside included in the sale. (except property belonging to the Tenant on the first floor)
Bring your contractor and your vision — this is an opportunity to add value and build equity in a well-located commercial corridor.
2025 Real Estate Taxes are $3,260
For additional information or to schedule a showing, contact the listing broker.
Members-only remarks
The Illinois Vehicle Insurance Agency, LLC is the only tenant at this time. The stuff stored in the remainder of the building is not going to be removed. It will be the property of the buyer at closing. Please keep this in mind when presenting any offers.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
16,242 SF
Building Class
C
Year Built
1898
Price
$99,900
Price Per SF
$6.15
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
5,414 SF
Building FAR
2.49
Lot Size
0.15 AC
Zoning
C2 - Motor Vehicle-Related Commercial District
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
11-27-279-022
Land Assessment
$3,922 (2024)
Improvements Assessment
$29,210 (2024)
Total Assessment
$33,132 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40793505

  • Date on Market: 6/4/2026

  • Last Updated:

  • Address: 1030 S Main St, Rockford, IL 61101

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