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403 15th Ave
Rockford, IL 61104
Retail Property For Sale

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Investment Highlights

  • Near downtown Rockford, with easy access to major highways and local amenities.
  • Features on-site parking with additional nearby parking options for staff and customers.
  • Ideal for retail, office, or light industrial use, offering adaptability to suit diverse business operations.
  • New Rockford Peaches stadium and visitor center right next door

Executive Summary

Positioned at the heart of Rockford’s revitalization corridor, 403 15th Avenue offers a rare opportunity to own a property adjacent to one of the city’s most ambitious cultural and recreational investments. Located directly next to Beyer School and Beyer Stadium, the site benefits from immediate proximity to a landmark redevelopment project that is set to redefine the area’s identity and economic momentum.
The stadium renovation, spearheaded by the International Women’s Baseball Association and supported by the City of Rockford, will introduce a brand-new baseball stadium, a museum, and a visitor center honoring the legendary Rockford Peaches. With a combined investment of $35 million, this initiative is expected to catalyze tourism, community engagement, and commercial activity throughout the district.
The property itself spans four total lots, including three expansive parking lots capable of accommodating over 100 vehicles, and a fourth lot that houses the building. This configuration offers exceptional flexibility for future use, whether for redevelopment, event hosting, or tenant-driven improvements.
This sale positions the new owner to capitalize on future appreciation and visibility as the surrounding area transforms into a destination for sports, history, and entertainment. Whether held for long-term investment or repositioned for active use, the property’s location offers unmatched adjacency to a high-profile civic project with national significance.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,500 SF
Building Class
C
Year Built
1960
Price
$150,000
Price Per SF
$23.08
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
C3 - Commercial business
Parking
120 Spaces (18.46 Spaces per 1,000 SF Leased)
Frontage
101’ on 15Th Ave

Amenities

  • Restaurant

Property Taxes

Property Taxes

Parcel Number
11-35-105-002
Land Assessment
$5,380
Improvements Assessment
$1,973
Total Assessment
$7,353
  • Listing ID: 24984362

  • Date on Market: 2/11/2010

  • Last Updated:

  • Address: 403 15th Ave, Rockford, IL 61104

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