312-589-5797
5811 Forest Hills Rd, Rockford, IL for Sale
Storefront - FOR SALE
1/14
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5811 Forest Hills Rd
Rockford, IL 61114
East Rockford


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

OVERVIEW

Prime investment opportunity to purchase 5811 Forest Hills Rd, Rockford, IL 61114 is a commercial retail center known as Forest Hills Plaza Last Sale Price: $3,478,000 (Closed on March 4, 2024 Tenant Mix: Includes a mix of service and dining, such as Thai and Mexican restaurants, a nail salon, a tattoo parlor, a lounge, and a convenience store.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

82

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

C-2

APN/PARCEL ID

12-07-226-016

ASK ABOUT THIS PROPERTY

Tom WagnerMon Ami Real EstateMore Info
312-589-5797

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Tom WagnerMon Ami Real EstateMore Info
312-589-5797

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