Search
26-Unit Neighborhood Shopping Center
For Sale
$2,325,000

300-320 N Alpine Road, Rockford, IL 61107

Signalized-corner center offers retail and office configurations with multiple access points and on-site parking.

Property Size56,000 SF
Days on Market240

Property Features for 300-320 N Alpine Road

General Information

Standard status Active
Size 56,000 SF
Property subtype Neighborhood Center
Occupancy 60%

Additional Details

Road Access Yes

Amenities

monument signage

Building Details

Building Size 56,000 SF
Year Built 1980
Tenancy Multi

Properties For Sale

at 300-320 N Alpine Road Contact us

T120-A

Size 300 SF
Lease Type Gross
Contact us

T120-C

Size 275 SF
Lease Type Gross
Contact us

T120-G

Size 350 SF
Lease Type Gross
Contact us

T120-I

Size 200 SF
Lease Type Gross
Contact us

T100

Size 1,476 SF
Lease Type Modified Gross
Contact us

T105

Size 1,100 SF
Lease Type Modified Gross
Contact us

T206 & 208

Size 1,900 SF
Lease Type Modified Gross
Contact us

T300

Size 7,600 SF
Lease Type Modified Gross
Contact us

300

Size 2,200 SF
Lease Type NNN
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Karen Kulczycki
Source: Thebrokerlist
Added: Feb 18 Changed: Oct 8 Last Checked: Oct 16 at 5:40AM

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 SVN | Chicago Commercial

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 26-unit neighborhood shopping center includes retail and office units in various configurations. The property is currently 60% occupied, with available space suited to retail or office users. Physical features include multiple access points, on-site parking, and monument signage.

The center occupies the intersection of N. Alpine Road and Highcrest Road in Rockford, Illinois, at a signalized corner along Alpine Road. Its address is 300-320 N. Alpine Road. Regional access includes proximity to US 20 and the I-39 and I-90 corridors. Built in 1980, the property provides a combination of commercial space and established site improvements.

Key Highlights

  • 26‑unit neighborhood shopping center
  • Currently 60% occupied
  • Retail and office units with various configurations

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Storage Facility Building Supply Big Box & Wholesale Store HVAC Service

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

60%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

794
Businesses Nearby
Balanced
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Regency Plaza — 4249 E State St, Rockford, IL 61108
  • Pedal & Pickins — 4616 e state st, rockford, il 61108

Frequently Asked Questions

What type of property is this?
Shopping center - Signalized-corner center offers retail and office configurations with multiple access points and on-site parking.
Where is this shopping center located?
The property is located at 300-320 N Alpine Road Rockford, IL.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: 26‑unit neighborhood shopping center; Currently 60% occupied; Retail and office units with various configurations
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again