2005 Shopping Center with Anchor
For Sale
Contact for pricing
1602 N Bell School Rd, Rockford, IL 61107
Bell School Plaza is a 2005 shopping center on 1.31 acres with nine occupied retail units and a dedicated anchor tenant.
Property Size10,000 SF
Lot Size1.31 Acres
Days on Market123
Property Features for 1602 N Bell School Rd
General Information
Standard status
Active
Size
10,000 SF
Lot size
1.31 Acres
Property subtype
Retail
Building Details
Year Built
2005
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Chicago Downtown
Listed By:
Patrick Suffield · License #IL: 475.179485
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 4:54PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
Bell School Plaza is a 10,000-square-foot shopping center constructed in 2005 and situated on 1.31 acres in Rockford, Illinois. The center includes nine retail units occupied by Vanakkam India, PRIM Salon, J Pilates, and Verace Appraisal, with Vanakkam India serving as an anchor tenant. Public remarks indicate the tenant mix is focused on internet-resistant and service-oriented businesses.
Restaurant equipment is owned by the landlord and was approximately $650,000 at the time of purchase. Over 71 percent of the center’s leases do not renew until 2028, supporting a longer near-term hold of in-place occupancy.
Restaurant equipment is owned by the landlord and was approximately $650,000 at the time of purchase. Over 71 percent of the center’s leases do not renew until 2028, supporting a longer near-term hold of in-place occupancy.
Key Highlights
- Bell School Plaza is a 10,000 SF shopping center constructed in 2005 in Rockford, Illinois.
- Set on 1.31 acres with nine retail units, all currently occupied by named tenants including Vanakkam India.
- Vanakkam India is an anchor tenant that signed a new five‑year lease.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Extended Stay America
Hotels & Casinos
990 visits/mo
0.5 miles
Sleep Inn Rockford I-90
Hotels & Casinos
870 visits/mo
0.5 miles
Extended Stay America - Rockford - State Street
Hotels & Casinos
592 visits/mo
0.4 miles
Demographics for 61107, IL
30,722
Population
13,711
Households
2.2
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
14.9 sq mi
ZIP Area
2,062
Density / Sq Mi
$75,492
Median Household Income
$42,494
Median Earnings
$1,053
Median Rent
$165,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Sunglass Hut at Macy's — 7200 Harrison Ave, Rockford, IL 61112
- AFRICAN STYLES 22 — 7200 Harrison Ave H 42k, Rockford, IL 61112
- Star Crystal — 7200 Harrison Ave, Rockford, IL 61112
Frequently Asked Questions
What type of property is this?
Shopping center - Bell School Plaza is a 2005 shopping center on 1.31 acres with nine occupied retail units and a dedicated anchor tenant.
Where is this shopping center located?
The property is located at 1602 N Bell School Rd Rockford, IL.
What are key features of this property?
This property features: Bell School Plaza is a 10,000 SF shopping center constructed in 2005 in Rockford, Illinois.; Set on 1.31 acres with nine retail units, all currently occupied by named tenants including Vanakkam India.; Vanakkam India is an anchor tenant that signed a new five‑year lease.
