Search
Storefront Property for Renovation
For Sale
$50,000

622 Shaw Street, Rockford, IL 61104

The commercial storefront is offered in its current condition and requires substantial renovation.

Property Size4,868 SF
Price / SF$10.27
Days on Market134

Property Features for 622 Shaw Street

General Information

Standard status Active
Size 4,868 SF
Property subtype Commercial
Zoning COMMR

Property Condition

Severity Major Repairs Needed
Evidence in need of substantial renovation

Site & Location

Neighborhood Highland Area Neighborhood Association

Additional Details

Condition Needs Renovation

Taxes and HOA fees

Annual Taxes $3,545

Building Details

Building Size 4,868 SF
Year Built 1940
Stories 1
Units 2
Listing Agency: Berkshire Hathaway HomeServices American Heritage
Listed By: DeKovia Livingston
Source: Fishmangroup
Added: Jun 15 Changed: Oct 25 Last Checked: Oct 23 at 4:55PM

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 Berkshire Hathaway HomeServices American Heritage

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 commercial storefront, built in 1940, requires substantial renovation and is being conveyed in its current condition. The property is identified with COMMR zoning. Any proposed work or use should be evaluated against applicable zoning and municipal requirements.

Key Highlights

  • Substantial renovation required
  • Built in 1940
  • Zoning designation: COMMR

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency HVAC Service Cafe & Coffee Shop Bakery Law Firm (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Dining 31% Shops & Services 22% Electronics 2%
Schnucks Groceries
33,183 visits/mo 0.3 miles
McDonald's Dining
20,497 visits/mo 0.3 miles
Family Dollar Shops & Services
6,454 visits/mo 0.2 miles
Dollar General Shops & Services
6,251 visits/mo 0.4 miles
Citgo Shops & Services
3,914 visits/mo 0.1 miles

Demographics for 61104, IL

17,354
Population
9,253
Households
1.9
Avg Household Size
32
Median Age
9%
College-Educated
75%
High-School Grad
4.5 sq mi
ZIP Area
3,856
Density / Sq Mi
$32,161
Median Household Income
$26,277
Median Earnings
$854
Median Rent
$83,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

Similar Off Market Nearby

  • Schnucks Rockford Plaza Floral — 2642 Charles St, Rockford, IL 61108

Frequently Asked Questions

What type of property is this?
Storefront property - The commercial storefront is offered in its current condition and requires substantial renovation.
Where is this storefront property located?
The property is located at 622 Shaw Street Rockford, IL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Substantial renovation required; Built in 1940; Zoning designation: COMMR
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