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Regency Plaza 4249 E State St 18,134 SF 65% Leased Office Building Rockford, IL 61108 $1,050,000 ($57.90/SF)
Investment Highlights
- All Brick, solid building with a REGUS developemnt contract
Executive Summary
Owner financing avalibale. The building has the option to be leased with REGUS offices in the second and third floors. The main level has 4 offices with large windows for reatil or Childcare facilities. New lighting in the building, large parking lot and offices very well maintained.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
18,134 SF
Building Class
C
Year Built
1977
Price
$1,050,000
Price Per SF
$57.90
Percent Leased
65%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,044 SF
Slab To Slab
11’
Building FAR
0.32
Lot Size
1.30 AC
Zoning
C2 - Commercial
Parking
79 Spaces (4.36 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- WoodyStyles
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| WoodyStyles | Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 12-29-129-013 | Total Assessment | $411,879 (2024) |
| Land Assessment | $90,780 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $321,099 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
12-29-129-013
Land Assessment
$90,780 (2024)
Improvements Assessment
$321,099 (2024)
Total Assessment
$411,879 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Regency Plaza | 4249 E State St
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