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    5947 Riverside Blvd Rockford, IL 61114

    Sponsored
    For Lease
    $15 SF/Yr

    Rockford, IL: 1,200 SF Retail/Office Space Available

    Lot size:
    89,292 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail space, located within the Riverside Pavilion at 5947 E Riverside Blvd, Rockford, IL 61114, offers 1,200 square feet of versatile space ideal for a variety of businesses. The property is classified as Class B and features a multi-tenant occupancy. The total building size is a substantial 89,292 square feet, providing ample room for all tenants and customers. This prime location benefits from high visibility and significant foot traffic, complemented by an average daily count of 23,700 vehicles passing by. Recent improvements include a refreshed parking lot and an updated aesthetic, creating a modern and inviting atmosphere. The space is currently vacant and ready for immediate occupancy. The property's strategic placement ensures excellent exposure for your business, maximizing its potential for success. This is a rare opportunity to secure a well-located retail space in a thriving area of Rockford, Illinois. The property is zoned for retail use and also suitable for office or medical uses. Don't miss this chance to establish your business in a high-traffic location with a newly improved exterior. Contact us today to schedule a viewing and learn more about this exciting opportunity.

    Property Features for 5947 Riverside Blvd

    General Information

    Property type
    Medical space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    89,292 SF
    Class
    B
    Total Rate
    111615

    Unit(s) available at that property

    Space
    5947 E Riverside Blvd.
    Size
    1,200 SF
    Rate per SF
    $15

    HighLights

    • 1,200 SF retail space available for lease at 5947 E Riverside Blvd, Rockford, IL.
    • Class B multi‑tenant building (89,292 SF total).
    • High visibility location with 23,700 average daily vehicle count.
    • Recently renovated parking lot and building exterior.
    • Vacant and ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Concord Custom Cleaners Dry Cleaner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.00051587928
    Latitude
    42.317028506096

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    FAQs

    What type of property is this?
    Medical space - Rockford, IL: 1,200 SF Retail/Office Space Available
    Where is this medical space located?
    The property is located at 5947 Riverside Blvd Rockford, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,200 SF retail space available for lease at 5947 E Riverside Blvd, Rockford, IL.; Class B multi-tenant building (89,292 SF total).; High visibility location with 23,700 average daily vehicle count.
    Request Owner's contact information
    5947 Riverside Blvd Rockford, IL 61114
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    Rockford, IL 61114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5947 Riverside Blvd Rockford, IL 61114
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