1. 7470 Harrison Ave, Rockford, Illinois
New Development Opportunity
(CherryVale Mall Out Parcel)
Magic Waters
• 2.3 Acres for
development
• Located just off the
exit ramp of I39
Ulysses Grant Hwy
• Located directly in
front of CherryVale
Mall. Rockford’s
CherryVale Mall largest shopping mall
and Magic Waters
Water Park
• Great traffic counts.
Over 25,000 VPD
travel on Harrison
and over 50,000 VPD
on I39 Highway
• Strong Demographics
• Great for Hotel,
entertainment,
banquet, office or
retail.
Robert Schroedter
rschroedter@hrmproperties.com
Stuart Oseroff
soseroff@hrmproperties.com.com
HRM Properties & Development, LLC
1022 Douglas Road
Oswego, IL 60543
www.hrmproperties.com
P 6305544150
F 6305544151
All information is deemed to be reliable sources however no guarantee is made as to the accuracy or correctness of this information.
This information is for marketing purposes only and is subject to verification, price changes and removal of all property from the market.
2. 7470 Harrison Ave, Rockford, Illinois
New Development Opportunity
(CherryVale Mall Out Parcel)
Demographics (2008 )
Robert Schroedter
1 Mile 3 Mile 5 Mile rschroedter@hrmproperties.com
Stuart Oseroff
soseroff@hrmproperties.com.com
Population 3,136 30,387 90,367
HRM Properties & Development, LLC
1022 Douglas Road
Oswego, IL 60543
www.hrmproperties.com
Average HH Income $76,207 $66,313 $68,153 P 6305544150
F 6305544151
All information is deemed to be reliable sources however no guarantee is made as to the accuracy or correctness of this information.
This information is for marketing purposes only and is subject to verification, price changes and removal of all property from the market.
3. 7470 Harrison Ave, Rockford, Illinois
New Development Opportunity
(CherryVale Mall Out Parcel)
Cherry Valley, Illinois
Located just south of Rockford in Winnebago County, Cherry Valley was far enough away to be considered, for most of
its history not part of the Rockford community. However, with modern transportation Cherry Valley today became in
essence a suburb of Rockford. Cherry Valley today remains a contributing member of Rockford’s Area Economic
Development Council and in recent years seen tremendous commercial growth. The village is home to the million
square foot CherryVale Mall, District at CherryVale Lifestyle Center, Kegal’s Harley Davidson and Magic Water’s water
park. Despite a slowing economy, Cherry Valley has seen numerous projects completed or begun in 2008/2009. Upper
Iowa University completed a branch campus along interstate 90, a mixed use development “Cherry Valley Crossing” is
under development and a 68,000 sf class A office building. The Village of Cherry Valley actively pursues retail
development and is the ideal fit for the next wave of commercial development.
Cherry Valley's Benefits:
No Village Property Tax: Lowest Overall Rate In The Region
Second Largest Consumer Market In The State
Top 4% Retail Community In The State
Region's Highest Income And Education Levels
Prime Sites With High Visibility And Traffic Counts
Streamlined Approval Process
Responsive Business Friendly Community
Immediately Adjacent to:
Interstate 90 (50,200 vehicles per day)
Interstate 39 (49,900 vehicles per day)
US 51 and US 20
Recently Completed: Currently Under Development:
CherryVale Mall interior & exterior renovations Cherry Valley Crossing Retail P.U.D.
District at CherryVale Lifestyle Center Bell Valley Commons P.U.D.
Granite City Food & Brewery One Bell Valley Commons Office Building
Barnes & Noble Rock 39 Industrial Park
Upper Iowa University Branch Campus Montessori Learning Academy
Bachrodt BMW Expansion Walgreens
Salamone's Italian Ristorante Chicago Council of Carpenters Training Facility
Con‐way Freight Facility Interstate 90 / Interstate 39 Interchange
Reconstruction