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5811 Forest Hills Rd
Rockford, IL 61114 East Rockford

$1,800,000 USD

Storefront For Sale • 16,990 SF

Property Details

Property Type Storefront
Total Building Size 16,990 SF
Lot Size 2.09 AC
Building Class C
Year Built 1982
Tenancy Multiple
Zoning C-2

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                Cap Rate: At the time of the recent sale, it was reported at an 11.5% in-place cap rate.
                            
                                Last Sale Price: $3,478,000 (Closed on March 4, 2024).
                            
                                Occupancy: Approximately 85% at the time of the 2024 transaction

Major Tenants

Tenant	SF Occupied	Lease End Date
Discount Tobacco & Pop
Tacomex

Public Transportation

Airport	Drive	Walk	Distance
Chicago/Rockford International	25 min	-	12.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	82
Type:	Surface
Included in Rent:	Yes

Tom Wagner 312-589-5797 Mon Ami Real Estate

5811 Forest Hills Rd Rockford, IL 61114 East Rockford