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Multi-Tenant Retail Center
For Sale
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Pending

3701-3719 Auburn Street, Rockford, IL 61101

Multi-tenant retail center for sale with 82% occupancy and a long-tenured tenant mix.

Days on Market111

Property Features for 3701-3719 Auburn Street

General Information

Standard status Pending
Property subtype Retail
Occupancy 82%

Building Details

Tenancy Multi
Listing Agency: Frontline Real Estate Partners
Listed By: Andrew Rubin · License #IL 475156642
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 29 at 6:32AM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This multi-tenant retail center is currently 82% leased and includes a strong mix of retailers. Public remarks indicate that many tenants have been at the location for at least 12 years. Tenants referenced in the information include Wong Wong Restaurant, in place since 1996, and Joe Beauty Supply, identified as the largest tenant with 4,800 square feet and occupancy dating to 2003. Metro PCS is also listed among the center’s tenants.

The property is located along Auburn Street in Rockford, Illinois, and is offered for sale as an income-producing asset. The information provided references net operating income (NOI) over approximately $65,559 at the current 82% occupancy rate, with the opportunity to add value by leasing the vacant units.

Broker owned.

Key Highlights

  • Multi‑tenant retail center for sale on Auburn Street in Rockford, IL with 82% occupancy
  • NOI over approximately $65,559 at the current 82% occupancy rate
  • Majority of tenants have been at the location for at least 12 years, including long‑tenured Wong Wong Restaurant since 1996

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Building Supply Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

82%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 49% Electronics 2%
McDonald's Dining
22,814 visits/mo 0.0 miles
Dollar General Shops & Services
8,392 visits/mo 0.4 miles
BP Shops & Services
6,779 visits/mo 0.0 miles
Family Dollar Shops & Services
5,245 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
3,533 visits/mo 0.0 miles

Demographics for 61101, IL

19,784
Population
9,005
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
80%
High-School Grad
41.5 sq mi
ZIP Area
477
Density / Sq Mi
$45,260
Median Household Income
$30,061
Median Earnings
$975
Median Rent
$89,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center for sale with 82% occupancy and a long-tenured tenant mix.
Where is this shopping center located?
The property is located at 3701-3719 Auburn Street Rockford, IL.
What are key features of this property?
This property features: Multi‑tenant retail center for sale on Auburn Street in Rockford, IL with 82% occupancy; NOI over approximately $65,559 at the current 82% occupancy rate; Majority of tenants have been at the location for at least 12 years, including long‑tenured Wong Wong Restaurant since 1996
(847) 780-8062 Call to check price and availability
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