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Property profile & analytics
OFF-MARKET
Strip malls

2693 20Th St Rockford, IL 61109

11,382 SF Built 1992
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents 11 leasable units within the Rock Point Mall, situated at 2693 20th Street in Rockford, Illinois, zip code 61109. The property, encompassing 11,382 square feet across two single-story buildings on a 1.1-acre lot, offers a diverse range of storefront, street retail, and strip mall spaces. Built in 1992 and renovated in 2002, the property is zoned C-3 and boasts excellent visibility due to its frontage along 20th Street. Four units are currently available, each featuring a private restroom and storage area. The mall is home to a variety of local businesses, benefiting from its location in Rockford, the largest city in Illinois outside of the Chicago metropolitan area. This prime location offers easy access to major transportation arteries, including US 20 and I-39, placing it approximately 85 miles northwest of Chicago within Winnebago County. The property presents a strong investment opportunity for businesses seeking high visibility and convenient access in a thriving community. This is a multiple-tenancy property with a total of 11 suites.

Property profile
Verified
Property type Strip malls
Year built 1992
Total area 11,382 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Leftwich Insurance Agency Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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