Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2516 Charles St Rockford, IL 61108

    For Lease
    Contact for pricing

    Prime Rockford retail/office space available.

    Lot size:
    95,751 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2,400 square foot retail or office space is located at 2516 Charles Street in Rockford, Illinois, within the vibrant Rockford Plaza. The property, identified by APN 12-30-153-016 in Winnebago County, offers a single-tenant occupancy within a larger strip center totaling 95,751 square feet. Currently, 2,400 square feet are available, divisible to a minimum of 1,400 contiguous square feet and a maximum of 2,400 contiguous square feet. The property boasts a strong tenant mix, including national and local businesses such as UW Health, Stockholm Inn, Edward Jones, Fanny May, and T-Mobile, with shadow anchors Schnucks and McDonald's providing significant traffic draw. Situated at the high-traffic intersection of Charles Street and South Rockford Avenue, the location benefits from approximately 21,500 vehicles passing daily. Rockford Plaza is undergoing significant improvements, including a complete façade and parking lot renovation, and the installation of brand new pylon signage, all slated for completion in 2024. This presents a unique opportunity to establish a presence in a thriving retail corridor undergoing revitalization. The property is ideal for a variety of retail or office uses and offers excellent visibility and accessibility.

    Property Features for 2516 Charles St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    95,751 SF

    Unit(s) available at that property

    Space
    Size
    1,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    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
    -89.05621
    Latitude
    42.25991

    Nearby Similar for Lease

    • $2,500 /Mo
      2,691 SF

      Rockford Freestanding Commercial Office Building

      Executive office building with high visibility and tranquil wooded setting.
      3400 N Rockton Ave, Rockford, IL 61103
      View Details
    • $7 SF/Yr
      5,800 SF

      Prime Industrial Building with Solar

      5,800 sq ft industrial building with upgraded offices and solar.
      4583 American Rd, Rockford, IL 61109
      View Details
    • $15 SF/Yr
      5,700 SF

      High-Traffic Retail Space in Rockford

      Prime retail location with high visibility and easy access.
      6905-6943 E State St, Rockford, IL 61108
      View Details
    • Contact for pricing
      100,000 SF

      Rockford Warehouse with Logistics Solutions

      100,000 SF warehouse with comprehensive logistics and storage solutions.
      1122 Milford Ave, Rockford, IL 61109
      View Details
    • $1,100,000
      4,547 SF

      Rockford Professional Office Complex

      Versatile office spaces in a prime Rockford location.
      7268 Argus Dr, Rockford, IL 61107
      View Details
    • Contact for pricing
      100,000 SF

      Rockford Warehouse with Exterior Storage

      100,000 SF warehouse with flexible lease arrangements available.
      4550 Kishwaukee St, Rockford, IL 61109
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Rockford retail/office space available.
    Where is this neighborhood center located?
    The property is located at 2516 Charles St Rockford, IL.
    Request Owner's contact information
    2516 Charles St Rockford, IL 61108
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2516 Charles St
    Rockford, IL 61108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2516 Charles St Rockford, IL 61108
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.