3 Retail Units Plus Flex Space and Apartment Live Work & Play

Retail-Commercial for Sale
Catylist Listing ID: 30369130
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 5,970 SF
Gross Land Area: 6,161 - 10,270 SF
Sale Price: $299,000
Unit Price: $50.08 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Blackhawk Development Group LLC
Usable Size (USF): 5,970 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 8/5/2019

Overview / Comments

This hard Corner Property serves as the southern gateway to historic downtown Rockton, Illinois. It is a truly unique location and property, and it is loaded with possibilities! The property is located across from the Rock River and Settler’s Park, which is home to year-round attractions and regional events, and is only 4 miles from the Illinois Tollway. Currently, the Commercial Retail Spaces (124, 126 & 128 S. Blackhawk Blvd.) are being used as a photography/design studio. The updated Studio Space features several large storefront windows and high, open, wood ceilings for an industrial look with historic charm. There is also a Residential, Loft-style Living Area (124 B) that features a contemporary, open kitchen and living room design with stainless steel appliances, exposed wood ceiling, wood floor, and custom accent lighting on the upper level. The lower level features an updated Bath, Laundry Room, and Bedroom with additional utility/workspace.

In addition to this great building, you will get Flex bonus space located at 130 S. Blackhawk Blvd, currently used as additional cold storage for the business. The adjacent Flex space is approx 3200 sq/ft. and only needs your vision to become additional Retail space, a restaurant, added parking, outdoor seating, a beer garden, and more. Property also could be redeveloped. Major improvements completed to immediate area include: Blackhawk Blvd Route 75 & Hawick Street (IDOT), Sidewalks, Utilities, Settler's Park, Public Parking, Street Lighting and Streetscape, Walking and Bike Paths, Soccer Fields, Basketball Courts, Softball Fields, Hawick Street Parking, Boat Fishing Pier, Rock River Front Improvements. Across the street are newer mixed use condo living units and retail store fronts. Downtown shopping and restaurants are steps away. The Village of Rockton has plans to welcome a hotel and conference center development to accommodate the fast-growing tourism business. Rockton has an outstanding educational system for students at every level.

This property has parking of its own to the side and rear of the building. There are 20+ spaces in the public parking lot next door, another public parking lot across the street, and plenty of additional street parking nearby. 124, 126, and 128 Blackhawk are currently used as a single commercial space. With three separate entrances, the space can be easily divided and separately leased. Total space for these 3 addresses plus the loft living area is approximately 2050 sq/ft on Main Level and 720 sq/ft in Lower Level. Bonus Flex area located at 130 Blackhawk is approximately 3200 sq/ft. The property is owner-occupied and is used as a commercial storefront and residential loft with storage. Owners have occupied the space for over the past decade and say it is a spectacular place to live & work and play.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Rockton Township
Tax ID/APN: 03-24-139-018 & 03-24-139-019
Zoning: CR COMMERCIAL RETAIL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: West Main Street & Hawick Street
Largest Nearby Street: State Highway 2, State Highway 75, State Highway 251, Rock River
Feet of Frontage: 200
Highway Access: Interstate 90, State Highway 251, State Highway 2, State Highway 75
Site Description: This hard Corner Property serves as the southern gateway to historic downtown Rockton, Illinois. It is a truly unique location and property, and it is loaded with possibilities! The property is located across from the Rock River and Settler’s Park, which is home to year-round attractions and regional events, and is only 4 miles from the Illinois Tollway. Currently, the Commercial Retail Spaces (124, 126 & 128 S. Blackhawk Blvd.) are being used as a photography/design studio. The updated Studio Space features several large storefront windows and high, open, wood ceilings for an industrial look with historic charm. There is also a Residential, Loft-style Living Area (124 B) that features a contemporary, open kitchen and living room design with stainless steel appliances, exposed wood ceiling, wood floor, and custom accent lighting on the upper level. The lower level features an updated Bath, Laundry Room, and Bedroom with additional utility/workspace. In addition to this great building, you will get Flex bonus space located at 130 S. Blackhawk Blvd, currently used as additional cold storage for the business. The adjacent Flex space is approx 3200 sq/ft. and only needs your vision to become additional Retail space, a restaurant, added parking, outdoor seating, a beer garden, and more. Property also could be redeveloped. Major improvements completed to immediate area include: Blackhawk Blvd Route 75 & Hawick Street (IDOT), Sidewalks, Utilities, Settler's Park, Public Parking, Street Lighting and Streetscape, Walking and Bike Paths, Soccer Fields, Basketball Courts, Softball Fields, Hawick Street Parking, Boat Fishing Pier, Rock River Front Improvements. Across the street are newer mixed use condo living units and retail store fronts. Downtown shopping and restaurants are steps away. The Village of Rockton has plans to welcome a hotel and conference center development to accommodate the fast-growing tourism business. Rockton has an outstanding educational system for students at every level. This property has parking of its own to the side and rear of the building. There are 20+ spaces in the public parking lot next door, another public parking lot across the street, and plenty of additional street parking nearby. 124, 126, and 128 Blackhawk are currently used as a single commercial space. With three separate entrances, the space can be easily divided and separately leased. Total space for these 3 addresses plus the loft living area is approximately 2050 sq/ft on Main Level and 720 sq/ft in Lower Level. Bonus Flex area located at 130 Blackhawk is approximately 3200 sq/ft. The property is owner-occupied and is used as a commercial storefront and residential loft with storage. Owners have occupied the space for over the past decade and say it is a spectacular place to live & work and play.
Area Description: In addition to this great building, you will get Flex bonus space located at 130 S. Blackhawk Blvd, currently used as additional cold storage for the business. The adjacent Flex space is approx 3200 sq/ft. and only needs your vision to become additional Retail space, a restaurant, added parking, outdoor seating, a beer garden, and more. Property also could be redeveloped. Major improvements completed to immediate area include: Blackhawk Blvd Route 75 & Hawick Street (IDOT), Sidewalks, Utilities, Settler's Park, Public Parking, Street Lighting and Streetscape, Walking and Bike Paths, Soccer Fields, Basketball Courts, Softball Fields, Hawick Street Parking, Boat Fishing Pier, Rock River Front Improvements. Across the street are newer mixed use condo living units and retail store fronts. Downtown shopping and restaurants are steps away. The Village of Rockton has plans to welcome a hotel and conference center development to accommodate the fast-growing tourism business. Rockton has an outstanding educational system for students at every level.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 1959
Year Renovated: 2003
Construction/Siding: Other
Exterior Description: This hard Corner Property serves as the southern gateway to historic downtown Rockton, Illinois. It is a truly unique location and property, and it is loaded with possibilities! The property is located across from the Rock River and Settler’s Park, which is home to year-round attractions and regional events, and is only 4 miles from the Illinois Tollway. Currently, the Commercial Retail Spaces (124, 126 & 128 S. Blackhawk Blvd.) are being used as a photography/design studio. The updated Studio Space features several large storefront windows and high, open, wood ceilings for an industrial look with historic charm. There is also a Residential, Loft-style Living Area (124 B) that features a contemporary, open kitchen and living room design with stainless steel appliances, exposed wood ceiling, wood floor, and custom accent lighting on the upper level. The lower level features an updated Bath, Laundry Room, and Bedroom with additional utility/workspace.
Total Parking Spaces: 20
Parking Ratio: 10 (per 1000 SF)
Parking Type: Surface, Other
Parking Description: This property has parking of its own to the side and rear of the building. There are 20+ spaces in the public parking lot next door, another public parking lot across the street, and plenty of additional street parking nearby. 124, 126, and 128 Blackhawk are currently used as a single commercial space. With three separate entrances, the space can be easily divided and separately leased. Total space for these 3 addresses plus the loft living area is approximately 2050 sq/ft on Main Level and 720 sq/ft in Lower Level. Bonus Flex area located at 130 Blackhawk is approximately 3200 sq/ft. The property is owner-occupied and is used as a commercial storefront and residential loft with storage. Owners have occupied the space for over the past decade and say it is a spectacular place to live & work and play.
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: CR Commercial Retail
Lot Frontage: 200
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PLAT OF ROCKTON N 60 FT S 100 FT LTS 7 + 008 BLOCK 008 PLAT OF ROCKTON S 40 FT LOTS 7 + 008 BLOCK 008

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,653 22,740 67,296
Median Age: 44.23 38.14 35.65
Households: 1,157 8,435 24,571

Contact

© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northern Illinois Commercial Association of Realtors (NICAR) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.