1417 7Th StRockford, IL 61104

Property Details for 1417 7Th St

Year built

1920

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

7,480 SF

Zone code

C2

Property type

Commercial real estate

APN

11-26-479-020

APU

1126479020

Description

This exceptional 7,480 square foot brick building is situated at a high-traffic intersection in Rockford, Illinois, near the crossroads of Broadway and 7th Street, and conveniently close to Crusader Clinic. Currently operating as a retail store, the property presents a wealth of possibilities for diverse commercial uses. The ground floor boasts impressive storefront windows, multiple display areas, a workshop, an office, and a comfortable living room complete with a gas fireplace. A substantial rear area, featuring high ceilings and a garage door, offers significant storage or expansion potential. Upstairs, a large, open space of approximately 1,500 square feet provides ample room for additional development, with existing plumbing readily available for bathroom installation. The building is equipped with a robust 200 AMP electrical service. This versatile property offers a unique blend of established retail space and significant expansion opportunities, making it an ideal investment for a variety of commercial ventures. Its prime location and substantial size make it a truly exceptional opportunity in the Rockford market. The solid brick construction ensures durability and longevity, while the existing infrastructure provides a solid foundation for future improvements and adaptations. Don't miss this chance to acquire a well-located, adaptable commercial property with significant upside potential.

• Alternative Use

  Use

  Valuation

  Residential

  $1,545,921

  Hospitality

  $1,416,055

  Educational

  $1,178,141

  Medical

  $1,218,659

  Retail

  $1,832,664

Location Insight

City

Rockford

County

Winnebago

State

Illinois

Latitude

42.2528

Longitude

-89.0813

CBSA code

40420

CBSA name

ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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