Value-Add Shopping
For Sale
Contact for pricing
1221 Sandy Hollow Road, Rockford, IL 61109
Southgate Plaza is a shopping center with 10% vacancy and approximately 90% occupancy.
Property Size52,000 SF
Price / SF$57.60
Days on Market101
Property Features for 1221 Sandy Hollow Road
General Information
Standard status
Active
Size
52,000 SF
Property subtype
Retail
Zoning
C-3
Occupancy
90%
Lease Type
Net
Investment Type
Value Add
Net Operating Income
$255,559
Building Details
Year Built
1991
Tenancy
Multi
Listing Agency:
CapRock Real Estate
Listed By:
Brian Goldman · License #IL471.018140
(312) 257-3252
Source:
Crexi
Added: May 29
Changed: Aug 28
Last Checked: Sep 1 at 11:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CapRock Real Estate
Investment Insights
Based on property information with market context.
Southgate Plaza is a value-add shopping center currently about 90% leased, with 10% vacancy available for lease-up. The tenant mix includes national and local operators. The center is positioned to benefit from its current occupancy and upcoming leasing opportunities.
The property is shadow-anchored by QuikTrip and the Northern Illinois Food Bank, which can support consistent shopper traffic.
The offering is for a for-sale shopping center comprising approximately 52,000 square feet.
The property is shadow-anchored by QuikTrip and the Northern Illinois Food Bank, which can support consistent shopper traffic.
The offering is for a for-sale shopping center comprising approximately 52,000 square feet.
Key Highlights
- Shopping center built in 1991
- Approximately 90% leased with 10% vacancy for lease‑up upside
- Shadow‑anchored by QuikTrip and the Northern Illinois Food Bank
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
119k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 45%
Electronics 1%
McDonald's
Dining
24,011 visits/mo
0.2 miles
Dollar Tree
Shops & Services
14,063 visits/mo
0.5 miles
Taco Bell
Dining
12,593 visits/mo
0.4 miles
Dunkin' Donuts
Dining
8,818 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,748 visits/mo
0.4 miles
Demographics for 61109, IL
26,958
Population
11,829
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
38.5 sq mi
ZIP Area
700
Density / Sq Mi
$61,702
Median Household Income
$38,375
Median Earnings
$916
Median Rent
$124,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - Southgate Plaza is a shopping center with 10% vacancy and approximately 90% occupancy.
Where is this shopping center located?
The property is located at 1221 Sandy Hollow Road Rockford, IL.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Shopping center built in 1991; Approximately 90% leased with 10% vacancy for lease‑up upside; Shadow‑anchored by QuikTrip and the Northern Illinois Food Bank
