7047 Newburg Rd | Rockford, IL 61108
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- LoopNet Team
7047 Newburg Rd
Rockford, IL 61108
Former Art Van Showroom · Retail Property For Sale
Investment Highlights
- One-story 49,340-square-foot structure located within Rockford, Illinois’ Village of Cherry Valley.
- Building and monument signage is highly visible to the 284,759 vehicles traveling along S Perryville Rd and Newburg Rd N.
- 7047 Newburg Road boasts spacious interior column spacing and has 40 employee and customer parking spaces.
- Located a quarter-mile away from the heavily trafficked CherryVale Mall.
- Occupants have access to 41,815 households living within a five-mile radius earning an average income of $82,739.
- Commuter employees have access to multiple public bus line outlets and can reach Downtown Rockford in under 20 minutes.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Department Store
Building Size
49,340 SF
Building Class
B
Year Built/Renovated
1999/2015
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.33
Lot Size
3.41 AC
Zoning
Commercial
Parking
40 Spaces (0.82 Spaces per 1,000 SF Leased)
Frontage
150 ft on Perryville Road
PROPERTY TAXES
| Parcel Number | 12-35-101-003 | Improvements Assessment | $1,270,539 |
| Land Assessment | $110,101 | Total Assessment | $1,380,641 |
PROPERTY TAXES
Parcel Number
12-35-101-003
Land Assessment
$110,101
Improvements Assessment
$1,270,539
Total Assessment
$1,380,641
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