300-320 N Alpine Rd - Retail FOR SALE


Rockford, IL 61107- East Rockford
$2,325,000 USD
630-330-3352
300-320 N Alpine Rd, Rockford, IL for Sale
$2,325,000 USD
Retail - FOR SALE
1/13
null | Request Cap Rate

300-320 N Alpine Rd
Rockford, IL 61107
East Rockford


HIGHLIGHTS

  • Value-Add Opportunity: Offering significant upside through lease-up and repositioning of remaining vacancies
  • Established Neighborhood Center: 26-unit multi-tenant property catering to a mix of retail/office users, serving the surrounding residential community
  • Prime Visibility & Access: Situated along N. Alpine Road, one of Rockford’s busiest commercial corridors, at a signalized intersection
  • Strong Fundamentals: Ample surface parking, excellent signage opportunities, and adaptable suite layouts
  • Diverse Tenant Demand: Flexible zoning and suite sizes accommodate retailers, service providers, and professional offices seeking affordable space
  • Regional Growth Market: Rockford’s stable economy, anchored by healthcare, logistics, and manufacturing, supports consistent tenant demand

OVERVIEW

SVN Chicago Commercial presents Whitehouse Plaza, a well-established, 26-unit neighborhood center located at the high-traffic intersection of N. Alpine Road and Highcrest Road in Rockford, Illinois. The property offers a compelling value-add opportunity, currently 60% occupied with strong leasing potential for both retail and office users. Featuring excellent visibility, multiple access points, abundant parking, and prominent signage, Whitehouse Plaza provides an investor or owner-user the chance to enhance income and long-term stability in the Rockford MSA.

FOR SALE DETAILS

PRICE

$2,325,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whitehouse Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,752 SF

ZONING

C2

APN/PARCEL ID

12-20-379-007,12-20-379-008

ASK ABOUT THIS PROPERTY

Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.