Property Description

**Receiver Sale** Value-add neighborhood shopping center in Rockford, IL with an in-place cap rate of 9.31%. Located on Forest Hills Rd (22,726 VPD) on the main retail corridor in close proximity to Wal-Mart Supercenter, CVS, Walgreen‘s, McDonald‘s, Sonic, Applebee‘s, Taco Bell, Starbuck‘s etc. Also strategically located near many of the major employers in the market including Mondelez/Nabisco Foods, GE Aviation and Woodward Inc. Excellent opportunity to own a stable, high yield retail center with upside potential. **All offers subject to court approval**

– High Traffic Corridor with Direct Access to Forest Hills Rd
– Surrounded by Major Employers, Dense Residential Neighborhoods and the Major Retail Anchors in the Market
– Ability to Add Value Through Lease Up of 2,750 SF

Address Map
Address Location
US
IL
Rockford
61114
Forest Hills
5811
Rd
Major Tenant Information
Discount Cigarette & Pop
Pinoy 2 Oriental Store
Sheri's Family Eatery
Souse's Lounge
Staceez Dollar Shop
Tattoo Bobs
Traffic Information
Forest Hills Rd
22,726
2018
Toft St
19,245
2018
E Riverside Blvd
19,122
2018
Public Transportation
Greater Rockford Airport
25 min
12.60 mi

5811 Forest Hills Rd, Rockford, IL 61114

5811 Forest Hills Rd, Rockford, Illinois 61114

16,990 Sqft
$1,950,000
Listing ID #1344
Property Details
Listing Type : For Sale Listing
Property Type : Retail
Price : $1,950,000
Property Sub-type : Retail
Listing ID : 1344
Zoning : C-2
Sale Type : Investment
Cap Rate : 9.31%
Building Size : 16,990 Sqft
No. Stories : 1
Year Built : 1982
Lot Area : 2.09 Acre
Parking Ratio : 4.83/1,000 SF
APN / Parcel ID : 12-07-226-016
Property Documents
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