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Retail Suite with Signalized Access

2229-2229 S Perryville Rd, Rockford, IL 61112

For Lease
$23 SF/Yr

Existing infrastructure supports retail or professional use within a multi-tenant center with on-site parking.

Space SizeContact for details
Days on Market60

Property Features for 2229-2229 S Perryville Rd

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $39,000
Listing Agency: Door To Door Realty
Listed By: Steven Niemczyk · License IL #471020235
Source: Exprealty
Added: Sep 13 Changed: Oct 27 Last Checked: Nov 10 at 1:56PM

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 Door To Door Realty

Rey
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Investment Insights

Based on property information with market context.

The available 1, 307 SF suite is located within a 14, 486 SF multi-tenant retail center built in 2004. Previously used by a cleaner's operation, the space includes existing infrastructure suited to retail or professional occupancy. Immediate occupancy is available.

The property sits directly across from CherryVale Mall on S Perryville Rd, with signalized access and ample on-site parking. Menards, Starbucks, and other national retailers are located within a block, adding established commercial activity to the surrounding retail corridor.

Key Highlights

  • 1, 307 SF suite in a 14, 486 SF retail center
  • Built in 2004
  • Directly across from CherryVale Mall

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Electrical Service 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

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

513
Businesses Nearby
235k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 31% Home Improvements & Furnishings 27% Dining 17% Groceries 14%
Menards Home Improvements & Furnishings
63,494 visits/mo 0.2 miles
Macy's Apparel
36,473 visits/mo 0.4 miles
Schnucks Groceries
32,724 visits/mo 0.3 miles
JCPenney Apparel
26,425 visits/mo 0.4 miles
Circle K Shops & Services
20,352 visits/mo 0.1 miles

Demographics for 61112, IL

139
Population
47
Households
3
Avg Household Size
80
Median Age
5%
College-Educated
95%
High-School Grad
0.8 sq mi
ZIP Area
174
Density / Sq Mi

Market

Lease Benchmarks for Rockford, IL

$24.25 /SF/Yr
Avg Asking Price
$17–$34 /SF/Yr
Price Range
12,508 SF
Avg Space Size

This space is priced 5% below the average of $24.25 /SF/Yr.

Properties on Market for Retail space in Rockford

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Retail space - Existing infrastructure supports retail or professional use within a multi-tenant center with on-site parking.
Where is this retail space located?
The property is located at 2229-2229 S Perryville Rd Rockford, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 1, 307 SF suite in a 14, 486 SF retail center; Built in 2004; Directly across from CherryVale Mall
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