Alpine Rd Rockford, IL 61109
- Retail properties
- 5,400 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Alpine Rd
- Year built
- 1968
- Property size
- 5,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a 5,400 square foot, multi-tenant restaurant property located in Rockford, Illinois, on Alpine Rd, zip code 61109. The property, built in 1968, sits on a 16,117 square foot lot and is classified as a Class C retail building with a C3 zoning permit. The single-story structure boasts 100% occupancy with two tenants currently operating within its space. The asking price for this leased fee ownership is $540,000. Real estate taxes for 2023 were $11,670. The property's APN is 1229385007. This turnkey operation offers immediate income potential and a strong foundation for future growth within a thriving community. The property's size and multi-tenant structure provide diversification and resilience, making it an attractive investment for both seasoned and emerging investors. This is a rare opportunity to acquire a well-established, fully occupied commercial property in a desirable location. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.0291
- Latitude
- 42.2537
