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    7200 Harrison Ave Rockford, IL 61112

    For Lease
    Contact for pricing

    Prime Rockford, IL commercial space. Multiple suites available.

    Lot size:
    850,253 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 7200 Harrison Avenue, Suite 5, Rockford, IL 61112, offers a diverse range of spaces within the bustling CherryVale Mall. The property encompasses a total of 850,253 square feet situated on a generous 74.391-acre lot. Built in 1973 and renovated in 2004, the building provides ample parking with 4,099 spaces. The property is zoned for retail, office, and restaurant uses, with available suites ranging from 1,227 to 6,926 square feet, suitable for various business types including executive office, coworking, medical office, and creative office spaces. The property benefits from its location within CherryVale Mall, anchored by major retailers such as Macy's and JCPenney, and complemented by a strong lineup of national, regional, and local brands including Barnes & Noble, H&M, Victoria's Secret, LOFT, Pandora, Chico's, and Body & Body Works. The upscale lifestyle center, The District at CherryVale, further enhances the property's appeal, featuring tenants like ASHA SalonSpa, Lane Bryant & Cacique, and Talbots. This prime location in Winnebago County offers excellent visibility and accessibility, making it an ideal opportunity for businesses seeking a thriving commercial environment. Multiple tenancies are available.

    Property Features for 7200 Harrison Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    850,253 SF

    Building Details

    Year Built/Renovated
    1973/2004

    Unit(s) available at that property

    Space
    E-59
    Size
    1,227 SF
    Space
    E-65
    Size
    6,459 SF
    Space
    F-84
    Size
    6,926 SF

    HighLights

    • 850,253 SF retail property at 7200 Harrison Ave, Ste 5, Rockford, IL 61112, situated on a 74.39‑acre lot within CherryVale Mall.
    • Built in 1973, renovated in 2004, featuring 4,099 parking spaces and zoning for retail, office, and restaurant uses.
    • Suites range from 1,227 to 6,926 SF, ideal for various uses including executive, coworking, medical, and creative office spaces.
    • Located within CherryVale Mall, anchored by Macy's and JCPenney, and includes numerous national and local retailers.
    • Rockford is Illinois' largest city outside Chicago, located 65 miles from O'Hare Airport, and boasts a strong aerospace industry and high concentration of engineers.
    • Rockford features a robust healthcare sector with over 12,000 employees and a newly opened major hospital.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Express Factory Outlet Men'S Clothing Store Tiger Lily Rockford Boutique Maurices Women'S Clothing Store rue21 Clothing Store Zumiez Shoe Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.9767622
    Latitude
    42.2454887

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    FAQs

    What type of property is this?
    Restaurant - Prime Rockford, IL commercial space. Multiple suites available.
    Where is this restaurant located?
    The property is located at 7200 Harrison Ave Rockford, IL.
    What are key features of this property?
    This property features: 850,253 SF retail property at 7200 Harrison Ave, Ste 5, Rockford, IL 61112, situated on a 74.39-acre lot within CherryVale Mall.; Built in 1973, renovated in 2004, featuring 4,099 parking spaces and zoning for retail, office, and restaurant uses.; Suites range from 1,227 to 6,926 SF, ideal for various uses including executive, coworking, medical, and creative office spaces.
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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
    7200 Harrison Ave Rockford, IL 61112
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