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Prime Retail Space in Rochelle
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497 IL-38, Hillcrest, IL 61068

Exceptional leasing opportunity in high-traffic Rochelle location.

Space Size2,934 SF
Property Size6,515 SF
Days on Market2201

Property Features for 497 IL-38

General Information

Standard status Active
Size 2,934 SF
Total Parking Spaces 37
Property subtype Retail

Building Details

Building Size 6,515 SF
Tenancy Multiple

Spaces For Lease

at 497 IL-38 Contact us

Unit B

Size
2,934 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Legacy Commercial Properties
Listed By: Matthew Hill · License #FLBO
Source: Crexi
Added: Aug 28, 2020 Changed: Sep 3 Last Checked: Aug 31 at 11:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Commercial Properties

Investment Insights

Based on property information with market context.

Located at 497 E. Illinois Route, Rochelle, IL, this property offers a leasing opportunity suitable for retail and strip center tenants. The property features high visibility, a well-maintained exterior, and ample parking. The versatile layout allows for customization. The location provides accessibility and is suitable for businesses to thrive and attract customers. The property is located near the Rochelle Shopping Center, Flagg Township Museum, and local restaurants and shops. The location provides access to major roadways and a steady flow of potential customers.

Key Highlights

  • High visibility location on E. Illinois Route.
  • Ample parking available for customers.
  • Versatile layout adaptable to various retail needs.

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
56k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Shops & Services 25% Groceries 21% Home Improvements & Furnishings 10%
McDonald's Dining
15,662 visits/mo 0.5 miles
Aldi Groceries
11,797 visits/mo 0.3 miles
Rochelle Ace Hardware Home Improvements & Furnishings
5,644 visits/mo 0.1 miles
Road Ranger Shops & Services
5,413 visits/mo 0.5 miles
Mobil Shops & Services
5,019 visits/mo 0.0 miles

Demographics for 61068, IL

14,653
Population
6,220
Households
2.4
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
120.7 sq mi
ZIP Area
121
Density / Sq Mi
$69,840
Median Household Income
$36,924
Median Earnings
$955
Median Rent
$164,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Exceptional leasing opportunity in high-traffic Rochelle location.
Where is this retail space located?
The property is located at 497 IL-38 Hillcrest, IL.
What are key features of this property?
This property features: High visibility location on E. Illinois Route.; Ample parking available for customers.; Versatile layout adaptable to various retail needs.
More about this property
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