7921 Alpine RdLoves Park, IL 61111

Property Details for 7921 Alpine Rd

Lot size

19.33 AC

Property size (Sq ft)

111,172 SF

Property type

Commercial real estate

APN

08-32-201-007

APU

832201007

Description

This exceptional retail opportunity presents itself in the vibrant Harlem & Alpine Shopping Center, situated at the high-traffic intersection of Harlem Road and Alpine Road in Loves Park, Illinois. The center comprises two single-story buildings totaling 81,572 square feet, built in 1970, and situated on a generous 19.43-acre lot. The property is zoned CR and offers multiple tenancy options, with a minimum divisible space of 1,064 square feet and a total of 18 suites. Currently, six spaces are available, ranging in size from 1,064 to 24,644 square feet, providing flexibility for various retail businesses. Benefit from excellent visibility and convenient access, complemented by strong co-tenancy with established businesses such as Cricket, Dollar General, Enterprise, and Edward Jones. The center also enjoys proximity to a Chase ATM and bank, further enhancing its appeal. Loves Park offers a desirable location between Rockford and Machesney Park, boasting affordable housing, quality schools, and a low tax rate. Easy access to major highways, including IL-251 and Route 173, ensures convenient transportation for both customers and employees. This property presents a compelling investment opportunity in a thriving community with high traffic counts and excellent signage opportunities. The property's size and layout offer significant potential for growth and expansion.

• Alternative Use

  Use

  Valuation

  Residential

  $22,976,350

  Hospitality

  $21,046,214

  Educational

  $17,510,202

  Medical

  $18,112,406

  Retail

  $27,238,092

Location Insight

City

Loves Park

County

Winnebago

State

Illinois

Latitude

42.3387

Longitude

-89.0263

CBSA code

40420

CBSA name

ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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