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Whitehouse Plaza 300-320 N Alpine Rd 56,000 SF 60% Leased Retail Building Rockford, IL 61107 $3,245,514 CAD ($57.96 CAD/SF)
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity: Offering significant upside through lease-up and repositioning of remaining vacancies
- Prime Visibility & Access: Situated along N. Alpine Road, one of Rockford’s busiest commercial corridors, at a signalized intersection
- Diverse Tenant Demand: Flexible zoning and suite sizes accommodate retailers, service providers, and professional offices seeking affordable space
- Established Neighborhood Center: 26-unit multi-tenant property catering to a mix of retail/office users, serving the surrounding residential community
- Strong Fundamentals: Ample surface parking, excellent signage opportunities, and adaptable suite layouts
- Regional Growth Market: Rockford’s stable economy, anchored by healthcare, logistics, and manufacturing, supports consistent tenant demand
EXECUTIVE SUMMARY
SVN Chicago Commercial presents Whitehouse Plaza, a well-established, 26-unit neighborhood center located at the high-traffic intersection of N. Alpine Road and Highcrest Road in Rockford, Illinois. The property offers a compelling value-add opportunity, currently 60% occupied with strong leasing potential for both retail and office users. Featuring excellent visibility, multiple access points, abundant parking, and prominent signage, Whitehouse Plaza provides an investor or owner-user the chance to enhance income and long-term stability in the Rockford MSA.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
56,000 SF
Building Class
C
Year Built
1980
Price
$3,245,514 CAD
Price Per SF
$57.96 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.56
Lot Size
2.29 AC
Zoning
C2 - Commercial C-2 Zoning
Parking
100 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Flipside DJ Entertainment
- Arts, Entertainment, and Recreation
- -
-
$9.99
-
Lorem Ipsum
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Jan 0000
- Interserve Computer Group
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Tower Loan
- Finance and Insurance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Flipside DJ Entertainment | Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Interserve Computer Group | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Tower Loan | Finance and Insurance | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $956,342 CAD | |
| Land Assessment | $197,218 CAD | Total Assessment | $1,153,560 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$197,218 CAD
Improvements Assessment
$956,342 CAD
Total Assessment
$1,153,560 CAD
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Whitehouse Plaza | 300-320 N Alpine Rd
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