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    7123 Cherryvale Blvd Rockford, IL 61112

    For Lease
    Contact for pricing

    Prime Retail/Office, 30,760 SF, High Traffic

    Lot size:
    30,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 30,760-square-foot single-tenant retail/office space presents a unique investment opportunity in Winnebago County. Ideally situated adjacent to Cherryvale Mall, the largest regional shopping center in Northern Illinois, this property benefits from unparalleled visibility and accessibility. Boasting a prominent location on Cherryvale North Boulevard, with convenient access via S. Perryville Road, the property experiences high daily traffic exceeding 28,000 vehicles. Its strategic proximity to the intersection of I-90 and I-39 ensures exceptional reach and convenience for customers and employees alike. The entire 30,760 square feet is currently vacant, offering a blank canvas for a wide range of retail or office uses. The property features ample opportunities for building and pylon signage, maximizing brand visibility and attracting potential customers. This is an exceptional chance to establish a strong presence in a thriving retail corridor with high traffic counts and excellent access to major transportation arteries. The property's size and location make it suitable for a variety of businesses seeking a high-profile location in a densely populated area. The single-tenant occupancy provides flexibility and control for the future tenant. This property is located in Winnebago County, Illinois.

    Property Features for 7123 Cherryvale Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,760 SF

    Unit(s) available at that property

    Space
    Size
    30,760 SF

    HighLights

    • 30,760 SF single‑tenant retail building in Winnebago County.
    • Located near Cherryvale Mall, a major regional shopping center in Northern Illinois.
    • High traffic count exceeding 28,000 vehicles daily on S. Perryville Rd.
    • Excellent visibility and access, situated 0.5 miles from I‑90/39.
    • Building and pylon signage opportunities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    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
    -88.9770612
    Latitude
    42.2490353

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    FAQs

    What type of property is this?
    Retail property - Prime Retail/Office, 30,760 SF, High Traffic
    Where is this retail property located?
    The property is located at 7123 Cherryvale Blvd Rockford, IL.
    What are key features of this property?
    This property features: 30,760 SF single-tenant retail building in Winnebago County.; Located near Cherryvale Mall, a major regional shopping center in Northern Illinois.; High traffic count exceeding 28,000 vehicles daily on S. Perryville Rd.
    Request Owner's contact information
    7123 Cherryvale Blvd Rockford, IL 61112
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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
    7123 Cherryvale Blvd Rockford, IL 61112
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