181 E Il Route 38 E Rochelle, IL $ 289,900
181 E Il Route 38 E
$ 289,900
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181 E Il Route 38 E

Rochelle, IL, 61068
$ 289,900
Bedrooms-- Baths-- Sq 2,027

Monthly Estimate*

$ 1,809

181 E Il Route 38 E, Rochelle, IL 61068 - Image 1
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Commercial Property for sale in Rochelle, IL

for $289,900. This 2,027 square foot building was built in 1978 on a lot size of 0.34.

Introducing a prime commercial office building located in the heart of Rochelle, IL, ideally situated with high visibility on Hwy 38, where approximately 8,200 vehicles pass by each day. This spacious property offers around 2,027 finished usable square feet, making it a versatile space suitable for a variety of business needs. The building boasts several modern features, including a newer roof and updated central air and furnace systems, ensuring a comfortable environment year-round. Additionally, it is ADA compliant, making it accessible to all. With B2 Business Highway zoning, the property is well-positioned for commercial use and is also located within the Lee Ogle Enterprise Zone. Currently, the building is leased, with the tenant's lease in place until November 30th, 2028. This presents a fantastic investment opportunity, allowing for steady income generation while providing the future owner the flexibility to establish their own business once the lease concludes. Don't miss your chance to invest in this exceptional property in a thriving location!

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Commercial Active

Price

$ 289,900

Property Type

Commercial

Taxes

$ 4,326

Style

Lot Size

0.34

Year Built

1978

Town/City

Rochelle

County/Region

Ogle

MLS | Web ID

12441450

Features
General
Cooling Central Air
Utilities Electricity Available Natural Gas Available
Possession Closing
Zoning OTHER
Construction Materials Wood
Year Built 1978
Electric Circuit Breakers
Tenant Pays Electricity Heat Janitorial Service Sewer
Stories Count 2
Township Flagg
Property Subtype Office
Tax Year 2024
Gross Income 29508
County Ogle
Net Operating Income 22600
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status Active
Directions On the East edge of Rochelle on Hwy #38
City Rochelle
Number Of Units Total 1
MLS Area Flagg Center / Hillcrest / Kings / Rochelle
Lot Size Square Feet 14850
Tax Annual Amount 4326.4
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 2027
Lot Dimensions 90x165
Lot Size Acres 0.34
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* Excluded Features
List By
Bearrows Real Estate & Auction Co

Broker

bearrows@rochelle.net

Email

Affordability Calculator

$2,169
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,809
Monthly Property Taxes
$361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/8/2025$289,900 Listed Price

Map


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181 E Il Route 38 E, Rochelle, IL, 61068 is a Commercial Property for sale at $289,900 with 2,027 sqft and a lot size of 0.34. 181 E Il Route 38 E was built in 1978. The property's zip code is 61068 which is in Rochelle, IL