Catylist ID:
#30648910
| Catylist Listing ID: | 30648910 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Street Retail, Other |
| Building Size (RSF): | 8,597 SF |
| Sale Price: | $129,000 - 299,000 |
| Unit Price: | $15.01 - 34.78 PSF |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/27/2021 |
Overview / Comments
|
+ 5,097 SF single -story front building + 3,500 SF single -story side building + Charming neighborhood strip center + Excellent visibility on E. State St. + Surrounded by retailers and restaurants from E. State St. corridor + Less than 5 minutes east of Rockford’s downtown and 5 minutes west of Rockford’s prime retail corridor. + 40 dedicated parking spaces + Monument signage available + Strong demographics and daytime population + Asking lease rate: $12.00 SF/Gross + 107 St. Louis Ave. building: $129,000 + 2219 E. State St. building: $179,000 + Total sales price for both buildings: $299,000 |
Attachments & Media
Additional Details
| Nearest MSA: | Rockford |
| County: | Winnebago |
| Tax ID/APN: | 1125227004 |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Located Between: | East State Street and St. Louis Ave. |
| Property Visibility: | Excellent |
| Largest Nearby Street: | East State Street |
| Traffic/Vehicle Count: | 19,500 |
| Highway Access: | Interchange 39 |
| Airports: | Chicago Rockford International Airport |
| Site Description: | Charming neighborhood strip center Excellent visibility on E. State St. |
| Area Description: | Less than 5 minutes east of Rockford’s downtown and 5 minutes west of Rockford’s prime retail corridor. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 2 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Total Parking Spaces: | 40 |
| Parking Type: | Structure |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 19,417 | 123,783 | 200,943 |
| Median Age: | 35.02 | 36.22 | 37.8 |
| Households: | 7,961 | 48,701 | 80,109 |
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