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Investment Highlights

  • Value-Add shopping center with 90% leased to national and local tenants. 10% vacant allowing for value-addition.
  • Surrounded by national retail tenants including, McDonalds, Subway, QuikTrip, Dairy Queen, Dunkin, & Walgreens
  • QuikTrip & Northwestern Illinois Food Bank Shadow-anchored: located in the shared parking lot and generating substantial traffic for Southgate Plaza

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
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 $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
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
Property Type
Retail
Property Subtype
Storefront
Building Size
52,139 SF
Building Class
C
Year Built
1991
Price
$3,100,000
Price Per SF
$59.46
Cap Rate
8.24%
NOI
$255,440
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
1.22 AC
Zoning
Commercial - Commercial Zoning
Parking
75 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
263’ on Sandy Hollow Road

Amenities

  • Signage
  • Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

PNC Bank
U.S. Bank
First Mid Bank
Schnucks

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 15-11-226-003
  • 15-11-226-004
Land Assessment
$62,509 (2024)
Improvements Assessment
$549,210 (2024)
Total Assessment
$611,719 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40793665

  • Date on Market: 6/4/2026

  • Last Updated:

  • Address: 1221-1241 Sandy Hollow Rd, Rockford, IL 61109

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