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$699,000 Just Listed
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Property Description
HUGE PRICE REDUCTION! Don't miss this turn key commercial opportunity in Rochelle! This property offers a completely renovated, approx. 2500 (mol) square foot building featuring 4 spacious, private offices, an additional breakroom/office area, and a large (19'x46' mol) open area in the center of the building with 15' ceilings, windowed walls and a 6' wide door for easy access. This area had been used as a vehicle showroom in the recent past but could be divided into additional offices or used as a beautiful lobby or reception area for your business. This building also offers 2 half bathrooms, mechanical room, welcoming entry foyer and additional storage space. This building has received the best of care and has received a new steel roof, commercial flooring, new paint, atrium style addition on the front of the building with all new windows, doors and stone facade since 2022. The second building has been recently constructed and is approx. 26'x 40' and is insulated and heated and features a concrete floor with drains, hot and cold water and 4 large overhead doors for easy access. The asphalt parking lot, as well as all of the concrete and exterior lighting has been installed since 2022 and is in like new condition. The existing security cameras will stay. There is room for approx. 80 cars on the parking lot. This property is located just seconds north of I-88 on Rt. 251 (also known as 7th St.) and features two driveways for easy ingress and egress, a strong traffic count, many large employers nearby, and would make a great location for any business, including a bank, medical or professional office, sales or any other use. The owner of this property spared no expense when the renovations were completed and this building is in impeccable condition. Take a look today, you will not be disappointed!
Full Property Details
Full Property Details for 1010 S 7th St
General
- Price: $699,000
- Taxes: $17,666 (2024)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12569834
- Updated: 2/16/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Carpet, Concrete, Other
Location
- Area: Flagg Center / Hillcrest / Kings / Rochelle
- County: Ogle
- Township: Flagg
- Driving Directions: I-88 to Rt. 251, then north to the property on Rt. 251 (7th St.).
- Location Details: Far West
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Metal
- Drive-In Doors: 4
- Sub-Flooring: Carpet, Concrete, Other
- Stories/Levels: 1
- Square Feet: 3,500
- Current Bldg. Use: Commercial
- Year Built: 1986
Lot Features
- Lot Size (Acres): 2.5
- Lot Size (Sq. Ft.): 108,900
- Lot Dimensions: 171 x 573 x 175 x 545
- Frontage: State Road
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1986
- Tax Amount: $17,666.1
- Tax Year: 2024
Disclosures and Reports
- Property ID: 24253020070000
Listed by Bird Realty
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Price & Sales History for 1010 S 7th St
Date
Details
Price
Change
Source
2/16/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1010 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,666
774%
$200,720
-14%
2022
$2,022
-78%
$233,793
143%
2021
$9,206
-5%
$96,037
-8%
2022
$9,683
9%
$103,960
14%
2020
$8,859
2%
$91,464
2%
2019
$8,695
2%
$89,890
2%
2018
$8,484
1%
$88,127
—
2017
$8,366
1%
$88,127
3%
2016
$8,300
1%
$85,710
2%
2015
$8,180
1%
$84,277
—
2014
$8,067
-3%
$84,277
-5%
2013
$8,356
—
$88,350
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1010 S 7th St
1010 S 7th Street, Rochelle, IL 61068 (MLS# 12569834) is a Office property. 1010 S 7th Street is currently listed for $699,000 and was received on February 16, 2026. Want to learn more about 1010 S 7th Street? Do you have questions about finding other Office real estate for sale in Rochelle? You can browse all Rochelle real estate or contact a Coldwell Banker agent to request more information.

