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G A MBINO RE ALTORS

C OMMERCIAL GUIDE ISSUE TWO | 2025

48,600 SF | INDUSTRIAL

220 North Water Street | Rockford

$1,675,000

Bring your creativity to this project located in Rockford with 132 feet of shoreline on the Rock River. This building has so many possibilities! The current owner envisioned apartments on the top floors, commercial on the main floor, with a dockside restaurant on the river level. It is ready to develop with so many tasks and updates already completed for you! National Park Service Historic Part 1 approved for historic tax credit. The property is currently located within the Rockford River Edge Redevelopment Zone. The City will make available action to assist Developer in establishing eligibility for financial incentives for the Project through the River Edge Redevelopment Program administered by the State of Illinois. 2 | GRCG | VOLUME ONE | ISSUE TWO | 2025

Tina Tendall | Amanda Clark 815.623.5555 tinaandamanda@gogambino.com

GAMBINO REALTORS COMMERCIAL REAL ESTATE AGENTS

Where Opportunity Meets Expertise

Pat Bellinghiere

Brad Benedict

Jennifer Berry

Jay Dowthard

Tom Ewing

815.871.1745

815.988.4286

815.871.6156

815.289.7530

815.703.6677

Karl Gasbarra

Michael Hakanson

Laura Haynes

Tina Tendall

815.975.4218

815.509.8518

815.985.1115

815.623.5555

3720 N Main Street Rockford $9.00/ANNUAL SF + NNN

1,140 SQ FT

Tom Ewing

815.703.6677

RETAIL FOR LEASE

4583 American Road Rockford $7.50/ANNUAL SF

32XX S Alpine Road Rockford $675,000

5,800 SQ FT

6.23 ACRES

Tina Tendall

Tom Ewing

815.623.5555

815.703.6677

LAND FOR SALE

INDUSTRIAL FOR LEASE

RETAIL FOR LEASE 4 | GRCG | VOLUME ONE | ISSUE TWO | 2025

3742 N Main Street Rockford $6.00/ANNUAL SF + NNN

650 N Main Street Rockford $125,000

6,270 SQ FT

0.55 ACRES

Tom Ewing

815.703.6677

LAND FOR SALE

SPECIALTY FOR SALE $305,000 | 31,103 SQ FT

INDUSTRIAL FOR SALE $239,900 | 8,750 SQ FT

INDUSTRIAL FOR SALE $200,000 | 5,400 SQ FT

RETAIL FOR SALE $199,900 | 5,000 SQ FT

OFFICE FOR SALE $150,000 | 4,032 SQ FT

921 W State Street | Rockford

3001-3009 Kishwaukee St |Rockford

101-103 Haskell Street | Beaver Dam, WI

3014 Auburn Street | Rockford

210 N Longwood Street | Rockford

Tom Ewing | 815.703.6677

Tina Tendall | 815.623.5555

Miguel Lobato | 815.494.4905

Tom Ewing | 815.703.6677

RETAIL FOR LEASE $NEGOTIABLE | 25,310 SQ FT

OFFICE FOR LEASE $1,422/MO + CAMS | 1,122 SQ FT

RETAIL FOR LEASE $22.00/ANNUAL SF + NNN

RETAIL FOR LEASE $13-17/ANNUAL SF + NNN

OFFICE FOR LEASE $800/MONTH SF | 800 SQ FT

112 S State Street | Belvidere

1463 S Bell School Road | Rockford

10121 N 2nd Street | Machesney Park

7038 Walton Street | Rockford

1437 S Bell School Road | Rockford

Jennifer Berry | 815.871.6156

Tina Tendall | 815.623.5555

Jennifer Berry | 815.871.6156

Tina Tendall | 815.623.5555

OFFICE FOR LEASE $700/MO + OTHER | 773 SQ FT

RETAIL FOR LEASE $9.00/ANNUAL SF + NNN

1463 S Bell School Road | Rockford

3702 #A N Main Street | Rockford

3708 #C N Main Street | Rockford

3728 N Main Street | Rockford

Tina Tendall | 815.623.5555

Tom Ewing | 815.703.6677

www.GoGambino.com | 5

OFFICE FOR SALE $1,995,000 | 10,050 SQ FT

RETAIL - COMMERCIAL $1,625,000 | 25,750 SQ FT

SPECIALTY FOR SALE $1,150,000 | 8,967 SQ FT

OFFICE FOR SALE $1,100,000 | 13,963 SQ FT

OFFICE FOR SALE $899,000 | 12,616 SQ FT

450 Coronado Drive | Rochelle

3212-14 Auburn Street | Rockford

1100 N Lyford Road | Rockford

7264-7282 Argus Drive | Rockford

2202 Harlem Road | Loves Park

Tom Ewing | 815.703.6677

Jennifer Berry | 815.871.6156 Tom Ewing | 815.703.6677

Tom Ewing | 815.703.6677

Tom Ewing | 815.703.6677 Tina Tendall | 815-623.5555

Tom Ewing | 815.703.6677

RETAIL FOR SALE/LEASE

5980 E State Street | Rockford | $300,000/$19.90/ANNUAL SF + NNN

Are you ready to own and operate your own neighborhood hotspot? Oscar's Bar & Grill, a well-known favorite is now available for purchase under an affordable lease-assignment agreement. Prime location with excellent visibility and parking. Ready to operate immediately just turn the key and start serving!

Jennifer Berry | 815.871.6156 | jberry@GoGambino.com

HOW TO CHOOSE THE RIGHT MULTIFAMILY PROPERTY FOR YOUR INVESTMENT GOALS

When it comes to building a successful real estate portfolio, selecting the right multifamily property is crucial. Multifamily properties, which include duplexes, triplexes, and apartment complexes, can offer investors significant income potential and diversification. However, not all multifamily properties are created equal, and making the wrong choice can lead to financial setbacks. Here are two key factors to consider when evaluating multifamily properties to align with your investment goals. 1. Understanding Your Investment Goals Before diving into the multifamily property market, it's essential to have a clear understanding of your investment goals. Are you looking for short-term cash flow, longterm appreciation, or a combination of both? Each goal requires a different investment approach and property characteristics. For instance, if your primary goal is to generate immediate cash flow, focus on properties in high demand and locations with strong occupancy rates. Analyze local rental trends and ensure that the property can sustain positive cash flow after accounting for expenses like maintenance, property management fees, and vacancy rates. Conversely, suppose you're more interested in long-term appreciation. In that case, you might consider properties in revitalizing neighborhoods where property values are expected to rise over time, even if they currently yield lower cash flow. Additionally, consider your risk tolerance. Developed areas might offer stability but less potential for rapid growth, while emerging neighborhoods can provide high returns but come with increased risk. Balancing these factors will help you identify multifamily properties that align with your financial objectives. 2. Evaluating Location and Market Trends The location of a multifamily property significantly influences its performance and value. Invest time in researching neighborhoods that match your investment strategy. Factors such as proximity to schools, public transportation, employment, and amenities play a vital role in attracting tenants and maintaining a high occupancy rate. Look for market trends within the area, including employment rates, population growth, and rental demand. Markets with growing job opportunities often attract new residents, increasing demand for rental units. Additionally, areas undergoing development or revitalization can signal future appreciation potential. A key tool in evaluating market trends is conducting a comparative market analysis (CMA). This process involves analyzing similar properties in the area to understand pricing, rental rates, and occupancy levels. A thorough CMA done by a Gambino agent will equip you with the data necessary to make informed decisions and negotiate effectively. Choosing the right multifamily property involves a careful assessment of your investment goals and the market environment. Understanding your objectives will direct you towards properties that meet your specific financial needs, while evaluating location and market trends ensures that you make a sound investment in a promising area. By combining these strategies, you'll be better positioned to build a successful multifamily portfolio that aligns with your financial aspirations. With thorough research, a strategic approach, and a Gambino real estate professional, you can navigate the multifamily real estate market with confidence and achieve your investment goals.

www.GoGambino.com | 7

MULTI-FAMILY (12 Units) $1,399,000 | 3,837 SQ FT

MULTI-FAMILY $560,000 | 3,690 SQ FT

MULTI-FAMILY $392,000 | 3,544 SQ FT

MULTI-FAMILY $285,000 | 5,332 SQ FT

MULTI-FAMILY $249,900 | 1,800 SQ FT

1324 Evelyn Street | Rockford

820 Cottage Grove Avenue | Rockford

3786-3788 Sage Drive | Rockford

1131 N Main Street | Rockford

5864 Dafred Drive | Rockford

Tina Tendall/Amanda Clark 815.623.5555

Aimee Leon | 815.7879

Tina Tendall/Amanda Clark 815.623.5555

MULTI-FAMILY $186,000 | 1,512 SQ FT

MULTI-FAMILY $182,000 | 1,312 SQ FT

MULTI-FAMILY $143,900 | 2,016 SQ FT

MULTI-FAMILY $129,900 | 1,772 SQ FT

MULTI-FAMILY $99,900 | 2,125 SQ FT

3035 Chateau Lane | Rockford

3212 Searles Avenue | Rockford

1710 16th Avenue | Rockford

408 S Gardiner Avenue | Rockford

1103 West Street | Rockford

Jay Dowthard | 815.289.7530

Tarah Manthei-Dumas | 815.821.1466

Miguel Lobato | 815.494.7905

Tony Badaluco | 815.985.4190

8 | GRCG | VOLUME ONE | ISSUE TWO | 2025

6103 Forest Hills Road Rockford $550,000 Church | 6,930 SF Site is 4.68 Acres (203,748 SF) Versatile church and institutional campus, move-in ready. Exceptional opportunity to acquire a wellmaintained, highly adaptable church property in one of Rockford’s most desirable corridors. This campus-style site offers a flexible layout that transitions seamlessly for worship, education, community services, and missiondriven operations. The sanctuary seats approximately 200, and there are multiple classrooms, offices, fellowship halls, gathering rooms, and a kitchen. The paved lot offers 60 parking spaces. Gorgeous setting amidst mature landscaping and generous outdoor areas for seasonal activities and quiet reflection. Located on two pins that are currently tax-exempt. Many possibilities for a diverse range of organizations in this turnkey property in a great location.

Tom Ewing 815.703.6677

11635 Wange Road Capron $1,900,000 119.45 ACRES Nestled on a sprawling 119.45 acres of prime agricultural land, this exceptional property presents a rare and versatile opportunity for a multitude of uses. Comprising of five separate parcels, the fertile soil is ready for your agricultural endeavors, while the existing infrastructure offers immediate functionality and immense potential. The property boasts two impressive metal buildings in excellent condition, totaling nearly 9,000 square fee of adaptable space. Each building is equipped with robust 200 amp breaker box, readily accommodating most industrial power requirements. The primary building, once the heart of research operations, has been thoughtfully maintained and operated.

Miguel Lobato 815.494.7905

UPSCALE OFFICE SPACE | 4,000 - 30,975 SF AVAILABLE

4949 Harrison Avenue | Rockford

CALL FOR TERMS

Discover a remarkable opportunity in Rockford’s most attractive multi-story office building, originally designed as a corporate headquarters. This property offers flexible suite sizes ranging from 2,000 to 20,000 square feet.. Set on a beautifully landscaped 11-acre site, the building boasts easy access to I-90, connecting you to Chicago, IL, and Madison, WI via Harrison Avenue. It also provides convenient connections to Bypass 20/I-39 South. Upon entering, you’ll be greeted by a sleek, impressive lobby, complemented by well-appointed common areas. Tenant suites feature continuous bands of windows, high ceilings, and under-floor conduit for effortless wiring solutions. The building offers ample parking, including both surface spaces and underground covered options. Amenities include a dining area, a workout facility, and racket and handball courts, providing a well-rounded environment for productivity and leisure.

Jennifer Berry 815.871.6156 jberry@gogambino.com www.GoGambino.com | 11

YOUR PORTFOLIO STARTS HERE

GUIDING CLIENTS SINCE 1923

TAKE YOUR First Step - Schedule a CONSULT today 3815 N. MULFORD ROAD iN ROCKFORD & 5330 WILLIAMS DRIVE IN ROSCOE 815.282.2222 | 815.623.3333 | www.Gogambino.com