XXXX Road
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XXXX Road
5,400 SF Retail Building Rockford, IL 61108 $540,000 ($100/SF)
Investment Highlights
- Excellent visibility and high traffic on a main street in Rockford
- Multi-tenant building
- Located within 3 miles of I-90
Executive Summary
This multi-tenant building has 5,400 sf. The 2023 real estate tax is $11,670. Owner may consider a sale-leaseback.
Cash at closing. The business can be sold separately or with the building.
Cash at closing. The business can be sold separately or with the building.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built/Renovated
1967/2005
Price
$540,000
Price Per SF
$100
Business Value
$400,000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.39 AC
Zoning
C-3 - C-3 Commercial - high traffic
Parking
24 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
175 FT on Alpine Rd
Amenities
- Signage
- Signalized Intersection
About XXXX Road , Rockford, IL 61108
5,400 sq ft multi-tenant property for sale. This space includes a professional kitchen which would be ideal for catering. Investment opportunity where the owner may consider a sale/leaseback. The owner's business is for sale at $400,000. An interested buyer may purchase both the business and the building (price may be negotiable).
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 12-29-385-007 | Total Assessment | $100,453 (2022) |
| Land Assessment | $26,104 (2022) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $74,349 (2022) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
12-29-385-007
Land Assessment
$26,104 (2022)
Improvements Assessment
$74,349 (2022)
Total Assessment
$100,453 (2022)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023 Payable 2024
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