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    5811 Forest Hills Rd Rockford, IL 61114

    Sponsored
    For Lease
    $15 SF/Yr

    High-traffic storefront spaces available.

    Lot size:
    16,990 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents two available spaces within the established Forest Hills Plaza, a 16,990 square foot shopping center situated on highly visible Forest Hills Road in Rockford, Illinois. The property boasts a total of 82 parking spaces, ensuring ample convenience for customers. Currently, the center houses a diverse mix of tenants, including restaurants (Thai and Mexican cuisine), a tattoo parlor, a lounge, a nail salon, and a convenience store, creating a vibrant and well-established retail environment. Two spaces are immediately available, ranging in size from 950 to 2,500 square feet, offering flexibility for various retail concepts. The property sits on a 2.09-acre lot, providing ample space and visibility. The location benefits from its proximity to major retailers such as Walmart, Walgreens, Planet Fitness, McDonald's, CVS, and Family Dollar, ensuring high foot traffic and brand recognition. Rockford, the largest city in Illinois outside of the Chicago metropolitan area, is strategically located within the growing I-90 economic corridor, offering a strong and diverse economic base. This prime location, combined with the existing tenant mix and ample parking, makes this an ideal investment for businesses seeking high visibility and a thriving retail environment. A total of 2,500 square feet is currently vacant. This property offers a unique chance to establish a presence in a bustling Rockford retail center.

    Property Features for 5811 Forest Hills Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,990 SF
    Total Rate
    21237.5

    Unit(s) available at that property

    Space
    Suite 2
    Size
    950 SF
    Rate per SF
    $15
    Space
    Suite 3
    Size
    2,500 SF
    Rate per SF
    $15

    HighLights

    • High visibility location on a major thoroughfare.
    • Prominent storefront with large windows.
    • Ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Keebler Kitchen American Restaurant T'sassy nails llc Nail Salon Rockford Gold Exchange Jewelry Buyer

    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
    -89.0417876
    Latitude
    42.309456

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic storefront spaces available.
    Where is this individual retail property located?
    The property is located at 5811 Forest Hills Rd Rockford, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: High visibility location on a major thoroughfare.; Prominent storefront with large windows.; Ample on-site parking.
    Request Owner's contact information
    5811 Forest Hills Rd 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
    5811 Forest Hills Rd Rockford, IL 61114
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