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Executive Summary

21,000 SF Commercial Redevelopment Opportunity – Midtown TIF District
Exceptional redevelopment opportunity in the heart of the Midtown TIF District. This approximately 21,000-square-foot commercial building spans three stories and offers tremendous potential for investors, developers, owner-users, or mixed-use conversion projects.
Property Highlights:
• ±21,000 square feet
• Three-story commercial building
• Located within the Midtown TIF District
• Two grade-level overhead doors
• Flexible floor plan suitable for commercial, industrial, office, retail, warehouse, or mixed-use redevelopment
• Excellent access and visibility
• Potential TIF incentives available for qualified redevelopment projects
• Property sold "AS-IS"
This is an outstanding opportunity to acquire a substantial commercial asset in a redevelopment-focused area. Ideal for investors and developers seeking a value-add project with significant upside potential.

Property Facts

Price $311,526 CAD
Price Per SF $14.91 CAD
Sale Type Owner User
Property Type Flex
Building Class C
Lot Size 0.39 AC
Rentable Building Area 20,887 SF
No. Stories 3
Year Built 1868
Zoning C4 - Urban Mixed-Use District
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
11-26-235-017
Land Assessment
$42,950 CAD
Improvements Assessment
$91,574 CAD
Total Assessment
$134,524 CAD
  • Listing ID: 40987435

  • Date on Market: 2026-06-19

  • Last Updated:

  • Address: 325 7th St, Rockford, IL 61104

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