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    1209 7Th St Rockford, IL 61104

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    For Sale
    $489,900

    Thriving strip center near Downtown Broadway with long-term tenants.

    Lot size:
    0.67 Acres

    Property Features for 1209 7Th St

    General Information

    Lot size
    0.67 Acres

    Source: Weichert Realtors - Tovar Properties Agent Alice Lin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rockford Strip Center Investment Opportunity

    This strip center in Rockford presents an investment opportunity, located minutes from Downtown Broadway and surrounded by residential houses. The property benefits from foot traffic and features a mix of retail and office spaces. Currently, three of the five spaces are leased to long-term tenants, including a convenient store, an African food store, and office space. The remaining two spaces offer growth potential, with one space having partial kitchen infrastructure that could be converted into a restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0813153
    Latitude
    42.2548859

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    FAQs

    What type of property is this?
    Strip mall - Thriving strip center near Downtown Broadway with long-term tenants.
    Where is this strip mall located?
    The property is located at 1209 7Th St Rockford, IL.
    What is the asking price?
    The asking price for this property is $489,900.
    What are key features of this property?
    This property features: - Investment opportunity with existing cash flow from leased spaces.; - Prime location near Downtown Broadway and residential areas, ensuring high foot traffic.; - Three long-term tenants already in place (convenient store, African food store, office space).
    (815) 980-0729
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    1209 7Th St Rockford, IL 61104
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    Rockford, IL 61104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1209 7Th St Rockford, IL 61104
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