6246 E Riverside Blvd, Loves Park, IL 61111 For Sale

ASSET: 6246 E Riverside Boulevard is a 15,592 square foot retail plaza on a 1.51-acre parcel with several points of access, visibility, and frontage along both E Riverside Boulevard and Daytona Drive. First Colonial Commons has an attractive brick façade and benefits from abundant customer parking along the front and sides of the Property.

SIGNIFICANT UPSIDE POTENTIAL: The Property is 9.25% vacant, offering an investor upside potential through the lease up of the 1,442 square foot vacant unit.

RECENT CAPITAL IMPROVEMENTS: The well-maintained Property features a new roof and four (4) new HVAC units. The Property also has all new awnings.

DIVERSE, E-COMMERCE RESISTANT INVESTMENT: The Property benefits from a diverse mix of local tenants with a number of internet resistant businesses, including a bar and grill, two salons, an insurance agent, and a gaming/gambling studio. Unit sizes vary from 1,000 to 6,200 square feet, allowing for a wide assortment of business types to fit tenants’ needs.

STRATEGIC LOCATION: The Property benefits from a strong location along E Riverside Boulevard, a major commercial and commuter route for the area. The site offers prominent visibility, substantial frontage, multiple access points, and generous on-site parking. Located at 6246 E. Riverside Boulevard, the Property sits within a well-established retail corridor that includes a mix of national and local retailers, restaurants, and automobile dealerships, all of which contribute to steady traffic volumes. The surrounding area is further supported by Javon Bea Hospital – Riverside, nearby schools (including Rock Valley College and Rockford University) and densely populated residential neighborhoods, creating a reliable built-in customer base. Additionally, the Property provides convenient connectivity to regional highways and is served by the municipal bus line. Loves Park is situated approximately 6.5 miles northeast of Downtown Rockford.

ECONOMIC DRIVERS: Nearby Rockford provides access to higher education institutions such as Rockford University and Rock Valley College, as well as major healthcare providers including OSF HealthCare and Mercyhealth. Additionally, Loves Park benefits from its proximity to Rockford’s larger employment base while maintaining its own identity as a family-friendly suburb with convenient access to regional transportation, including Interstate 90, which connects the area to the greater Chicago metropolitan region and southern Wisconsin.

RETAIL TRADE AREA: Prominent retailers attracting consumers to the immediate trade area include Walmart Supercenter, Costco, Aldi, CVS, Walgreens, O’Reilly Auto Parts, Applebee’s, Panera, Chipotle, Starbucks, McDonald’s, Burger King, Wendy’s, Taco Bell, Dairy Queen Grill & Chill, Sonic, Culver’s, Rosati’s Pizza, Papa John’s, Beef- A-Roo, and Casey’s.

HIGH TRAFFIC COUNTS: More than 23,300 vehicles per day pass by the Property along E Riverside Boulevard.

STRONG DEMOGRAPHICS: More than 46,500 people live within 3 miles of the Property with an average household income of $109,800. Over 118,800 people live within 5 miles of the Property with an average household income of $102,655. Additionally, there are more than 54,800 employees within 5 miles of the property.