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Investment Highlights

  • Value-Add Opportunity: Offering significant upside through lease-up and repositioning of remaining vacancies
  • Prime Visibility & Access: Situated along N. Alpine Road, one of Rockford’s busiest commercial corridors, at a signalized intersection
  • Diverse Tenant Demand: Flexible zoning and suite sizes accommodate retailers, service providers, and professional offices seeking affordable space
  • Established Neighborhood Center: 26-unit multi-tenant property catering to a mix of retail/office users, serving the surrounding residential community
  • Strong Fundamentals: Ample surface parking, excellent signage opportunities, and adaptable suite layouts
  • Regional Growth Market: Rockford’s stable economy, anchored by healthcare, logistics, and manufacturing, supports consistent tenant demand

Executive Summary

SVN Chicago Commercial presents Whitehouse Plaza, a well-established, 26-unit neighborhood center located at the high-traffic intersection of N. Alpine Road and Highcrest Road in Rockford, Illinois. The property offers a compelling value-add opportunity, currently 60% occupied with strong leasing potential for both retail and office users. Featuring excellent visibility, multiple access points, abundant parking, and prominent signage, Whitehouse Plaza provides an investor or owner-user the chance to enhance income and long-term stability in the Rockford MSA.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
56,000 SF
Building Class
C
Year Built
1980
Price
$2,325,000
Price Per SF
$41.52
Cap Rate
4.36%
NOI
$101,267
Percent Leased
38%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.56
Lot Size
2.29 AC
Zoning
C2 - Commercial C-2 Zoning
Parking
100 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
330’ on Alpine

Amenities

  • Signage
  • Signalized Intersection

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Flipside DJ Entertainment
  • Arts, Entertainment, and Recreation
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Interserve Computer Group
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Tower Loan
  • Finance and Insurance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Flipside DJ Entertainment Arts, Entertainment, and Recreation - $9.99 Lorem Ipsum Jan 0000
Interserve Computer Group Retailer - $9.99 Lorem Ipsum Jan 0000
Tower Loan Finance and Insurance - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 310
  • 2,175 SF
  • Retail
  • -
  • Now

2175 SF Retail Use Open Concept | Separate Office Storage Area | Private restroom High Ceiling | Signage

  • 314
  • 4,287-6,352 SF
  • Retail
  • -
  • Now

Retail Use Open Concept | Back Office Storage | Private Restroom High Ceiling | Signage

  • T100
  • 1,476 SF
  • Office
  • -
  • Now

+/- 1,476 SF Executive Office 5 Offices | Lobby Storage | Breakroom Private Entry

  • T105
  • 1,100 SF
  • Office
  • -
  • Now

+/- 1,100 SF Office Unit Available 3 Office Units Lobby and Storage Private Entry

  • T120-A
  • 300 SF
  • Retail
  • -
  • Now

Individual Salon Suite

  • T120-C
  • 275 SF
  • Retail
  • -
  • Now

Individual Salon Suite

  • T120-G
  • 350 SF
  • Retail
  • -
  • Now

Individual Salon Suite

  • T120-I
  • 200 SF
  • Retail
  • -
  • Now

Individual Salon Suite

  • T206 & T208
  • 1,900 SF
  • Retail
  • -
  • Now

+/- 1,900 SF Unit Open Concept | Divisible Private Entry | Storage

  • T300
  • 7,600 SF
  • Retail
  • -
  • Now

Storage or Retail Use Former Thrift Store | Private Entry Drive-in Door

Space Size Space Use Position Available
310 2,175 SF Retail - Now
314 4,287-6,352 SF Retail - Now
T100 1,476 SF Office - Now
T105 1,100 SF Office - Now
T120-A 300 SF Retail - Now
T120-C 275 SF Retail - Now
T120-G 350 SF Retail - Now
T120-I 200 SF Retail - Now
T206 & T208 1,900 SF Retail - Now
T300 7,600 SF Retail - Now

310

Size
2,175 SF
Space Use
Retail
Position
-
Available
Now

314

Size
4,287-6,352 SF
Space Use
Retail
Position
-
Available
Now

T100

Size
1,476 SF
Space Use
Office
Position
-
Available
Now

T105

Size
1,100 SF
Space Use
Office
Position
-
Available
Now

T120-A

Size
300 SF
Space Use
Retail
Position
-
Available
Now

T120-C

Size
275 SF
Space Use
Retail
Position
-
Available
Now

T120-G

Size
350 SF
Space Use
Retail
Position
-
Available
Now

T120-I

Size
200 SF
Space Use
Retail
Position
-
Available
Now

T206 & T208

Size
1,900 SF
Space Use
Retail
Position
-
Available
Now

T300

Size
7,600 SF
Space Use
Retail
Position
-
Available
Now

310

Size 2,175 SF
Space Use Retail
Position -
Available Now

2175 SF Retail Use Open Concept | Separate Office Storage Area | Private restroom High Ceiling | Signage

314

Size 4,287-6,352 SF
Space Use Retail
Position -
Available Now

Retail Use Open Concept | Back Office Storage | Private Restroom High Ceiling | Signage

T100

Size 1,476 SF
Space Use Office
Position -
Available Now

+/- 1,476 SF Executive Office 5 Offices | Lobby Storage | Breakroom Private Entry

T105

Size 1,100 SF
Space Use Office
Position -
Available Now

+/- 1,100 SF Office Unit Available 3 Office Units Lobby and Storage Private Entry

T120-A

Size 300 SF
Space Use Retail
Position -
Available Now

Individual Salon Suite

T120-C

Size 275 SF
Space Use Retail
Position -
Available Now

Individual Salon Suite

T120-G

Size 350 SF
Space Use Retail
Position -
Available Now

Individual Salon Suite

T120-I

Size 200 SF
Space Use Retail
Position -
Available Now

Individual Salon Suite

T206 & T208

Size 1,900 SF
Space Use Retail
Position -
Available Now

+/- 1,900 SF Unit Open Concept | Divisible Private Entry | Storage

T300

Size 7,600 SF
Space Use Retail
Position -
Available Now

Storage or Retail Use Former Thrift Store | Private Entry Drive-in Door

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

First Community Credit Union
Scooter's Coffee
UMB Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 12-20-379-007
  • 12-20-379-008
Land Assessment
$139,772
Improvements Assessment
$677,776
Total Assessment
$817,548
  • Listing ID: 38570218

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: 300-320 N Alpine Rd, Rockford, IL 61107

Contact the Sale Advisor

Whitehouse Plaza | 300-320 N Alpine Rd

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