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- LoopNet Team
5446 E State St
Rockford, IL 61107
Retail Property For Sale

PROPERTY FACTS
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
- Office Medical
AMENITIES
- Drive Thru
ABOUT 5446 E STATE ST , ROCKFORD, IL 61107
Serving delicious gyros, Italian beef & sausage, pure beef hot dogs, char-broiled burgers, grilled chicken, specialty sandwiches, hot & cold subs, wraps, clubs, ribs, salads, soups, sides, desserts and more. Daily specials. Kids meals. Plus, Pepsi fountain drinks and milkshakes. Simple operation - counter service. Dine-in, plus HUGE carry-out and delivery business. Many deliveries to businesses, offices and manufactures in the area! In a freestanding building on a major street with excellent street frontage, great signage, fantastic visibility, high traffic counts, easy access, inside & outside seating, drive-thru and ample parking. Well-established location for 21 years! Family friendly. Features a fully-equipped professional kitchen with large hood, walk-in cooler and freezer. Plus, office, storage room and more. Efficiently set up for large volumes. Independent - no royalties, advertising or transfer fees. Family owned and operated. Turnkey operation. Conveniently located in Rockford’s top east-west retail corridor just off of I-90 on State St/Hwy 20, the main street/major highway running through this growing far northwest city. Perfectly situated between Rockford University and OSF Saint Anthony Hospital. In close proximity to prime retailers such as Burlington, Dick’s Sporting Goods, Target, Hobby Lobby, Aldi, Ross, Best Buy, Lowe’s, Sam’s Club, Walmart and more. Surrounded by a flourishing commercial and residential area. Area In General - Rockford is the largest city in IL outside of Chicago, conveniently located 65 miles northwest of O'Hare. The area is home to several Fortune 500 company facilities, 3 major medical facilities, as well as more than 15,000 other businesses. It's the best of big city and small-town living. Almost 30% of the US population lives within 500 miles of its borders! Year Established: 1998 Property: Included in the Asking Price Square Feet: 3,200 Seating: 114 Days/Hrs of Operation: Daily 10:30a-10p # Of Employees: 20 Training: At least two weeks on-site comprehensive training. As long as it takes to transition smoothly. Value of FF&E: Included in Asking Price Seller Financing: No, but already pre-approved for SBA financing. Reasons for Selling: Retiring. Competition/Market: One of the top places to eat in the Rockford metropolitan area. Ideally located. The “go-to” place for delicious food! Great American food restaurant. Finest Chicago dog around. King of the gyros. Best food in town. One of the only places in the area to get authentic Chicago-style food. Amazing fast food. Extensive menu. Everything fresh made-to-order. High quality ingredients. Known for their friendly service. Growth & Expansion: Highly successful small local chain. Excellent brand name recognition. Hugely popular. Local favorite. Lots of regulars. Well loved by many. Prime location on a busy street in a growing area. Well established location. Staple in the area. Loyal customer base. A steady business with a strong sales history. Highly rated and recommended, great reputation to continue to build upon.
PROPERTY TAXES
| Parcel Number | 12-28-126-008 | Improvements Assessment | $101,069 |
| Land Assessment | $83,009 | Total Assessment | $184,078 |
PROPERTY TAXES
Listing ID: 15486129
Date on Market: 3/19/2019
Last Updated:
Address: 5446 E State St, Rockford, IL 61107
The East Rockford Retail Property at 5446 E State St, Rockford, IL 61107 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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