7200 Harrison Ave, Rockford, IL 61112-1017
This exceptional commercial property, located at 7200 Harrison Avenue, Suite 5, Rockford, IL 61112, offers a diverse range of spaces within the bustling CherryVale Mall. The property encompasses a total of 850,253 square feet situated on a generous 74.391-acre lot. Built in 1973 and renovated in 2004, the building provides ample parking with 4,099 spaces. The property is zoned for retail, office, and restaurant uses, with available suites ranging from 1,227 to 6,926 square feet, suitable for various business types including executive office, coworking, medical office, and creative office spaces. The property benefits from its location within CherryVale Mall, anchored by major retailers such as Macy's and JCPenney, and complemented by a strong lineup of national, regional, and local brands including Barnes & Noble, H&M, Victoria's Secret, LOFT, Pandora, Chico's, and Body & Body Works. The upscale lifestyle center, The District at CherryVale, further enhances the property's appeal, featuring tenants like ASHA SalonSpa, Lane Bryant & Cacique, and Talbots. This prime location in Winnebago County offers excellent visibility and accessibility, making it an ideal opportunity for businesses seeking a thriving commercial environment. Multiple tenancies are available.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Rockford, ILRockford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.