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Investment Overview
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 Youth Services Network for more than 30 years and serves as a mission-critical facility supporting youth and child protection programs throughout the region. The tenant’s long-standing presence and government-backed funding history provide a stable and predictable income profile.
The building is a well-maintained, one-story brick structure with strong curb appeal and a highly functional interior layout. In 1998, the property underwent a complete interior demolition and rebuild, including new mechanical systems, sprinklers, and roof, leaving only the slab and exterior walls original. Ownership has consistently invested in upkeep and repairs, and additional improvements will be completed prior to closing to ensure a smooth transition for the next owner.
Youth Services Network recently executed a new 10.5-year lease extending through June 30, 2035, offering long-term income stability with limited landlord responsibilities. The building’s use is mission-critical to the tenant’s operations, reinforcing both commitment to the location and long-term occupancy.
The property includes an on-site parking lot and is located in a vibrant, established downtown Rockford corridor, within walking distance of City Hall, the Winnebago County Courthouse, and a variety of local restaurants and shops that support long-term tenancy.
Overall, this offering presents an opportunity to acquire a well-cared-for asset with a strong tenant, durable lease structure, and reliable cash flow well-suited for investors seeking a passive, long-term hold.
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