This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

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

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,964 SF
Building Class
C
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.71 AC
Zoning
C2
Parking
7 Spaces (3.56 Spaces per 1,000 SF Leased)
Frontage
147’ on E State St

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

PROPERTY TAXES

Parcel Number
12-28-126-008
Land Assessment
$83,009
Improvements Assessment
$101,069
Total Assessment
$184,078
  • Listing ID: 15486129

  • Date on Market: 3/19/2019

  • Last Updated:

  • Address: 5446 E State St, Rockford, IL 61107

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}