Listing Agency: CBRE k***@cbre.com Show Phone

Listed By: Karen Walsh · License #IL 471015351

Source: Crexi

Added: Mar 17, 2021 Changed: Aug 12 Last Checked: Aug 20 at 6:55PM

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Investment Insights

Based on property information with market context.

This one-acre commercial land parcel presents a retail/commercial development opportunity. The property is located in close proximity to Machesney Park’s main retail corridor along West Lane Rd. (Rte. 173). The surrounding area features prime retailers including Target, Kohl’s, Home Depot, Lowes, Michael’s, Ulta, Famous Footwear, Hobby Lobby and Ross Dress for Less. The site is also located minutes away from residential neighborhoods and schools. Parcel numbers are 08-20-102-008 & 08-20-102-009.

Key Highlights

• Prime retail/commercial development opportunity.
• Excellent location near Machesney Park's main retail corridor (West Lane Rd./Rte. 173).
• Surrounded by major retailers: Target, Kohl’s, Home Depot, Lowes and more.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

226

Businesses Nearby

Explore this area Business Placement

Demographics for 61115, IL

22,599

Population

8,983

Households

2.5

Avg Household Size

41

Median Age

18%

College-Educated

91%

High-School Grad

10.6 sq mi

ZIP Area

2,132

Density / Sq Mi

$73,771

Median Household Income

$44,141

Median Earnings

$1,111

Median Rent

$160,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - One acre retail/commercial land near major retailers.

Where is this commercial land located?

The property is located at 10209 Smythe ave . & 716 Russ St. Rockford, IL.

What are key features of this property?

This property features: Prime retail/commercial development opportunity.; Excellent location near Machesney Park's main retail corridor (West Lane Rd./Rte. 173).; Surrounded by major retailers: Target, Kohl’s, Home Depot, Lowes and more.