310 S Church St
Rockford, IL 61101
Downtown Rockford Parking Lot · Land For Sale
·
0.53 AC
Investment Highlights
- Stable Cashflow with Great Location in Quickly Growing Area
- Surrounded by Many National, Regional, and Local Retailers
- Close Proximity to Many New Developments in Downtown Rockford, IL
- Passive Investment with Strong Government Tenant on NN Lease
Property Facts
| Property Type | Land | Proposed Use | Parking Lot |
| Property Subtype | Commercial | Total Lot Size | 0.53 AC |
| Zoning | Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Parking Lot |
| Total Lot Size | 0.53 AC |
| Zoning | Commercial |
Description
Marcus & Millichap has retained the exclusive listing for a downtown CBD parking lot in Rockford, IL. The lot is exclusively leased to Winnebago County, and IL government backed tenant. The property sits on a roughly 0.53 acre parcel and contains approximately 68 parking stalls. The property has roughly 7 years left on the NN lease with the county. The county subleases part of the lot during events to the BMO Harris Bank Center, which is Rockford’s leading sports and concert venue and home to the AHL’s Rockford Icehogs, the farm team for the NHL’s Chicago Blackhawks. - Stable Cashflow with Great Location in Quickly Growing Area - Close Proximity to Many New Developments in Downtown Rockford, IL - Surrounded by Many National, Regional, and Local Retailers - Passive Investment with Strong Government Tenant on NN Lease
Property Taxes
| Parcel Numbers | Improvements Assessment | $492 | |
| Land Assessment | $54,208 | Total Assessment | $54,700 |
Property Taxes
