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    Property profile & analytics
    OFF-MARKET Estimated value $1,780,000
    Commercial real estate

    7200 Harrison Ave, Rockford, IL 61112-1017

    93,480 SF 9.3 ac lot Built 2004
    Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-2042776
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2004
    Construction STEEL FRAME
    Total area 93,480 SF
    Lot 9.3 ac (405,108 SF)
    Zoning code CC
    APN 12-35-153-007
    UPID US28-2042776
    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
    • Express Factory Outlet Clothing & Fashion Store
    • Tiger Lily Rockford Clothing & Fashion Store
    • Maurices Clothing & Fashion Store
    • rue21 Clothing Store Fashion Accessories Store
    • Zumiez Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.49M
    Blend (final) Blend
    $1.78M
    Owner & transaction history
    Cherryvale Mall LLC · 20 yrs held
    Cherryvale Mall LLC
    since 2005
    3 recorded transactions
    2013
    2005
    1969
    Zoning & alternative use
    CC · Rockford, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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