Property profile

7123 Cherryvale Blvd Rockford, IL 61112

OFF-MARKET
Retail properties & Spaces
30,760 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 30,760 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7123 Cherryvale Blvd Rockford, IL 61112
Rockford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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