Log In/Sign Up
Your email has been sent.
102-106 7th St 2,702 SF 100% Leased Retail Building Rockford, IL 61104 $2,350,000 ($869.73/SF) 5.96% Cap Rate
Investment Highlights
- Midtown Rockford is a coveted location for both businesses and residents, given its walkable and friendly nature.? Just across from Rock River,
- Open plan with exposed brick walls
- Accessible to all local attractions
Executive Summary
Fully leased, mixed-use opportunity consisting of three ground-floor storefront retail spaces and three residential units above.
102-106 7th Street benefits from an obvious location at the intersection of 7th Street and Charles Street seeing over 10,500 vehicles per day.
Just off E State Street which is a major connector for the area with an abundance of retail and total spending exceeding $1.6 billion within 5 miles.
Major retailers nearby include Dollar General, Subway, Burger King, and others with plenty of local restaurants and shopping sprinkled in.
This trendy neighborhood is quickly expanding.? There is plenty of retail nearby, ranging from local businesses to big household names.? Dollar General, Subway, Wendy’s, and Burger King are just a few examples of nearby retailers.? 7th Street specifically benefits from its proximity to E State Street, which is a major connector for the area.? Other noteworthy places nearby include UW Health SwedishAmerican Hospital, Sinnissippi Park, and several parks.?
102-106 7th Street benefits from an obvious location at the intersection of 7th Street and Charles Street seeing over 10,500 vehicles per day.
Just off E State Street which is a major connector for the area with an abundance of retail and total spending exceeding $1.6 billion within 5 miles.
Major retailers nearby include Dollar General, Subway, Burger King, and others with plenty of local restaurants and shopping sprinkled in.
This trendy neighborhood is quickly expanding.? There is plenty of retail nearby, ranging from local businesses to big household names.? Dollar General, Subway, Wendy’s, and Burger King are just a few examples of nearby retailers.? 7th Street specifically benefits from its proximity to E State Street, which is a major connector for the area.? Other noteworthy places nearby include UW Health SwedishAmerican Hospital, Sinnissippi Park, and several parks.?
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,702 SF
Building Class
C
Year Built
1960
Price
$2,350,000
Price Per SF
$869.73
Cap Rate
5.96%
NOI
$140,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.03 AC
Zoning
C4
Parking
5 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-26-232-001 | Total Assessment | $22,139 (2024) |
| Land Assessment | $2,453 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $19,686 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
11-26-232-001
Land Assessment
$2,453 (2024)
Improvements Assessment
$19,686 (2024)
Total Assessment
$22,139 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
102-106 7th St