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1107 E State St 33,028 SF Retail Building Rockford, IL 61104 $999,000 ($30.25/SF)
INVESTMENT HIGHLIGHTS
- NEW SEVEN-YEAR SALE LEASEBACK ON GROUND FLOOR OF BUILDING
- LOW WINNEBAGO COUNTY TAXES
- 3.37 ACRE PARCEL IN THRIVING ROCKFORD MSA
- POSITIONED ADJACENT TO 357-BED SWEDISH AMERICAN HOSPITAL
EXECUTIVE SUMMARY
National Investment Grade Tenant in the building. Sale Lease back opportunity.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Building Size
33,028 SF
Building Class
B
Year Built
1962
Price
$999,000
Price Per SF
$30.25
Tenancy
Single
Building Height
3 Stories
Building FAR
0.49
Lot Size
1.55 AC
Zoning
C-5 - commercial
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-26-228-013 | Improvements Assessment | $652,078 |
| Land Assessment | $78,863 | Total Assessment | $730,941 |
PROPERTY TAXES
Parcel Number
11-26-228-013
Land Assessment
$78,863
Improvements Assessment
$652,078
Total Assessment
$730,941
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1107 E State St
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