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Willow Springs Medical Professional Office Center

Youth Services Network - Rockford, IL

Illinois Child Welfare Agency

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~  Complete 1998 Remodel: Full Interior Demolition, New Mechanicals (Including Sprinklers), and New Roof

 

~ Single Tenant | Youth Services Network

 

 ~ More Than 30 Years of Continuous Occupancy | New 10.5 Year Lease Term: Expiration Date: June 30, 2035

 

~ Stable Income Stream with Predictable Annual Rent

 

~ Well-Maintained One-Story Brick Building in Downtown Rockford

 

~ On-Site Parking Lot

 

~ Passive Investment with Limited Landlord Responsibilities
 

107 North 3rd Street, Rockford, IL 61107

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Request Offering Memorandum

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Market Summary

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Price                                    $1,058,000

Cap Rate                             8.00%

NOI                                      $84,590

Rentable SF                        15,590 SF

Price per SF                        $67.86

Year Built/Renovated        1974/1998

Lot Size                               17,198 SF

Description​

COMPASS is pleased to present the Youth Services Network building located at 107 N. 3rd Street in Rockford, Illinois. The property has been occupied by this long-standing nonprofit agency for more than three decades, serving as a critical hub for community programs and youth services in the region.

 

The building is a well-maintained one-story brick structure with strong curb appeal and functional interior layout. Ownership has consistently invested in upkeep and repairs, and additional improvements will be completed prior to closing, ensuring a smooth transition for the next investor.

 

The tenant’s historical occupancy and consistent rental performance provide a stable and predictable income stream. Youth Services Network plays a vital role in the Rockford area, and the location offers excellent access, visibility, and proximity to key community resources. This supports the long-term viability of the tenancy and positions the property as a strong passive investment.

 

The site also includes an on-site parking lot, and its downtown Rockford location places the asset within an evolving corridor that continues to benefit from local economic initiatives and is nearby the Winnebago County Courthouse. These factors make the property attractive both as a long-term hold and as a stable addition to an investor’s portfolio.

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