1570 s. bell school road, cherry valley, il 61016 · 2018-10-22 · offering memorandum. 1570 s....
TRANSCRIPT
/ OFFERING MEMORANDUM
1570 S. Bell School Road,
Cherry Valley, IL 61016
01 INVESTMENT HIGHLIGHTS 03
02 TENANT PROFILE 12
03 FINANCIAL OVERVIEW 14
04 MARKET SUMMARY 18
GINO LOLLIO Managing Director (312) 338-7061 [email protected]
SCOTT NIEDERGANG Managing Director (312) 338-7060 [email protected]
BRYAN BELVILLE Associate (312) 424-8029 [email protected]
BRIAN MCCOY Associate (312) 424-8023 [email protected]
CUSHMAN & WAKEFIELD 225 West Wacker Drive Suite 3000 Chicago, IL 60606
TABLE OF
CONTENTS
INVESTMENT
CONTACTS
NON-ENDORSEMENT NOTICE
Cushman & Wakefield (“C&W”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of C&W, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of C&W, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.
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Cushman and Wakefield's Healthcare Advisory Practice is pleased to present the OSF Healthcare medical office building in Cherry Valley, Illinois, located approximately 20 miles south of the Illinois-Wisconsin border.The subject property is an 8,800-square foot, two-tenant medical office building that was built in 2010. Occupying the facility are two tenants – OSF HealthCare System (7,000 square feet) and Schoening Dental Care (1,800 square feet). Each tenant’s lease is triple-net (NNN) lease in nature with the landlord only being responsible for roof, structure and foundation.
Anchoring the facility is the OSF HealthCare System, d/b/a OSF Saint Anthony Medical Center, an integrated health system owned and operated by The Sisters of the Third Order of St. Francis, Peoria, Illinois, includes OSF HealthCare System consisting of nine acute care facilities and two colleges of nursing. OSF also has a physician organization, employing about 640 physicians in various specialties and more than 317 advanced practitioners, who are part of the OSF Medical Group. The nine health care facilities operated by OSF HealthCare have a total of 1,314 licensed acute care beds. The largest hospital, OSF Saint Francis Medical Center in Peoria, Illinois, is a 609-licensed bed tertiary care teaching center providing numerous specialty services and extensive residency programs for physicians.
Services provided at this location included family medicine and waived labs. OSF Healthcare System recently extended their lease through December 31, 2024, and paid for a new build-out in the space they occupy. OSF Healthcare expects to expand into the unfinished space, and will pour the floor at that time. The OSF HealthCare lease calls for one, five-year option to review and annual CPI increase with a minimum of two percent and a maximum of four percent throughout the entire term.
Schoening Dental Care offers a full range of dental treatments from preventive care to cosmetic dentistry and implants, utilizing the latest in dental technology and techniques. Schoening recently extended their lease through December 31, 2022. This lease calls for two, five-year options to renew and 2.00 percent annual increases throughout the entire term.
The property is located approximately ten minutes from the OSF Saint Anthony Medical Center campus in Rockford, Illinois and the Rockford Cardiovascular Associates. OSF Saint Anthony is a 254-bed tertiary care facility on a 100-acre campus on the east side of Rockford.The average five-mile population surrounding the location is 94,944 with the area expecting a 2.12 percent growth in population within the next five years. Average household income within one mile of the property is $81,033.
Investment Overview
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• 8,800-Square Foot, Two-Tenant Medical Office Building | Fully Occupied by OSF Healthcare System and Schoening Dental Care
• Anchored by OSF Healthcare System (d/b/a OSF Saint Anthony Medical Center) | Occupies 7,000 Square Feet
• OSF HealthCare has Six Years Remaining on an Original 10-Year Extended Lease
• Located Four Miles from OSF Saint Anthony Medical Center and Rockford Cardiovascular Associates
• OSF HealthCare Services Provided Include Waived Labs and Family Medicine | Schoening Dental Care Offers a Full Range of Dental Treatments
• Average Five-Mile Population Exceeds 94,000 | Average One-Mile Household Income Exceeds $81,000
2010 YEAR BUILT
100% OCCUPANCY
1.00 ACRES
8,800 SF RENTABLE SQUARE FEET
Investment Highlights
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Regional Map
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Local Map
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Regional View
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Market Aerial
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Aerial View
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Floor Plan
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Dr. Schoening Floor Plan
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TENANT PROFILE
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Tenant Profiles
OSF HealthCare, an integrated health system owned and operated by The Sisters
of the Third Order of St. Francis, Peoria, Illinois, includes OSF Healthcare System
consisting of 11 acute care facilities and two colleges of nursing. OSF also has a physician
organization, employing nearly 700 physicians in various specialties and more than 300
advanced practitioners, who are part of the OSF Medical Group. OSF HealthCare owns
an extensive network of home health services known as OSF Home Care Services and
also owns OSF Saint Francis, Inc., composed of health care related businesses, and the
OSF Healthcare Foundation, the philanthropic arm of OSF Healthcare System and OSF
Home Care.
The 11 health care facilities operated by OSF HealthCare have a total of 1,540 licensed
acute care beds. The largest hospital, OSF Saint Francis Medical Center in Peoria,
Illinois, is a 609-licensed bed tertiary care teaching center providing numerous specialty
services and extensive residency programs for physicians. The array of health services
provided by OSF HealthCare and its affiliates also includes approximately 42 hospital-
based outpatient facilities, approximately 108 physician office practices in 79 separate
locations, six home health agencies and five hospice programs. The Ministry Services
office in Peoria, Illinois, provides corporate management services as well as direction,
consultation and assistance to the administration of the health care facilities.
Fiscal Year 2017: Oct. 1, 2016 – Sept. 30, 2017
– $2.6 billion net revenue – $3.6 billion total assets – $16,842,000 OSF HealthCare Foundation Contribution – 19,063 Mission Partners – 118 OSF Locations including Hospitals – 748 Employed Providers – 470 Licensed Advanced Practitioners – 219,153 Home Health Annual Visits – 1,613,716 Outpatient Visits – 2,029,450 Physician Enterprise Visits – 69,499 Inpatient Admissions (Includes Newborns) – 2,800 Hospice Patients Served – 785,888 Number of Persons Served
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FINANCIAL OVERVIEW
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OSF CHERRY VALLEY RENT ROLL
Tenant RSF % Share Lease Start Term Expiry Annual Rent Monthly Rent Annual Rent/SF
Rental Escalations Lease Type Options
OSF Healthcare System d/b/a OSF Saint Anthony Medical Center, Rockford
7,000 79.55% 4/1/2009 12/31/2024 $163,130 $13,594 $23.30 CPI Annually NNN (1) 5 Yr.
Joseph Schoening, D.D.S. 1,800 20.45% 10/1/2011 12/31/2022 $34,110 $2,843 $18.95 2.00% Annually NNN (1) 5 Yr.
8,800 100% $197,240 $16,437 $22.41
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HISTORICAL ANNUAL EXPENSES
Line Items: 2016 2017 2018 YTD (Jan - Sept.) Annualized 2018 Projected 2019
Utilities $2,667.00 $3,385.76 $2,309.38 $3,079.17 $3,120.08
Lawncare & Snow Removal $9,328.00 $14,292.00 $11,310.00 $15,080.00 $13,222.50
Water & Sewer $107.00 $248.26 $110.46 $147.28 $171.70
Repairs & Maintenance $3,023.00 $4,574.55 $2,176.00 $2,901.33 $3,587.12
Misc. Expenses $476.00 $0.00 $0.00 $0.00 $162.63
Insurance $3,100.00 $3,157.00 $3,313.00 $3,313.00 $3,269.75
Real Estate Taxes $22,000.00 $21,742.56 $21,839.40 $21,839.40 $22,931.37
Management Fee $11,160.00 $7,500.00 $10,000.00 $10,024.00
Totals: $40,701.00 $47,400.13 $48,558.24 $56,360.19 $56,489.15
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OPERATING DATA 2/1/2019 – 1/31/2020
Scheduled Base Rental Income1 $201,863
Expense Reimbursements: $56,489
Gross Potential Revenue: $258,352
Effective Vacancy: 3.00% ($7,751)
Effective Gross Revenue: $250,601
Management Fee: 4.00% ($10,024)
Less: Expenses: ($46,465)
Net Operating Income $194,112
Capital Reserves/SF $0.15 ($1,320)
Cash Flow Before Debt Service $192,792
EXPENSES
Operating Expenses: $46,465
Management Fee: $10,024
Expenses per RSF: $8.31
PRICING DETAILS
Price: $2,415,000
Price/SF: $274.43
Cap Rate: 8.04%
NOI: $194,112
Approximate Gross Square Feet 8,800 SF
Rentable Square Feet 8,800 SF
Lot Size 1.00 acres
Year Built 2010
Occupancy 100%
1 Projected 2.00% CPI increase for OSF.
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MARKET SUMMARY
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Demographics
INCOME 1-MILE 3-MILES 5-MILES
$ 0 - $14,999 5.0% 7.7% 9.2%
$ 15,000 - $24,999 8.2% 9.7% 10.9%
$ 25,000 - $34,999 11.9% 10.2% 11.6%
$ 35,000 - $49,999 11.4% 13.7% 14.4%
$ 50,000 - $74,999 20.9% 20.4% 20.4%
$ 75,000 - $99,999 14.7% 14.9% 13.3%
$100,000 - $124,999 14.5% 10.1% 8.4%
$125,000 - $149,999 5.2% 5.1% 4.6%
$150,000 - $199,999 4.9% 4.2% 3.4%
$200,000 - $249,999 1.3% 1.7% 1.7%
$250,000 + 2.0% 2.5% 2.2%
2014 Median Household Income $65,944 $60,237 $54,709
2014 Per Capita Income $34,627 $32,684 $30,384
2014 Average Household Income $81,033 $78,967 $74,013
HOUSEHOLDS 1-MILE 3-MILES 5-MILES2000 Households 1,386 11,312 36,4112010 Households 1,660 13,314 39,2752014 Households 1,635 13,126 38,7112019 Households 1,740 13,907 39,8582014 Average Household Size 2.32 2.37 2.412014 Daytime Population 4,545 22,389 45,0872000 Owner Occupied Housing Units 85.61% 72.32% 70.78%2000 Renter Occupied Housing Units 12.19% 24.52% 25.17%2000 Vacant 2.19% 3.17% 4.06%2014 Owner Occupied Housing Units 81.29% 72.31% 71.83%2014 Renter Occupied Housing Units 18.71% 27.69% 28.17%2014 Vacant 7.59% 7.99% 8.26%2019 Owner Occupied Housing Units 80.57% 72.28% 71.86%2019 Renter Occupied Housing Units 19.43% 27.72% 28.14%2019 Vacant 8.40% 8.68% 8.82%
POPULATION 1-MILE 3-MILES 5-MILES
2000 Population 3,584 29,196 89,9692010 Population 3,927 32,510 96,2812014 Population 3,868 32,062 94,9442019 Population 4,028 33,462 96,957
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GrowthDimentions.org T: 815.547.4252 [email protected]
LocationThe Rockford MSA sits contiguous to the Chicago Metropolitan Area in Northern Illinois and includes Boone and Winnebago Counties. Our region is 65 miles northwest of Chicago’s O’Hare International Airport, 90 miles east of the Mississippi River, and adjacent to the Wisconsin state line. Its location allows for easy access to regional, national, and international markets.
We are globally connected with international firms and generate $2.3 billion in annual exports. The MSA manufactures items used around the world.
Mean Elevation (above sea level).......................715 feetLatitude............................................................N 420 16’ 07”Longitude.......................................................W 890 05’ 48”
Income Characteristics Source: US Census Bureau American Community Survey 2015 1-year estimates
Median Household Income....................................$51,036Mean Household Income........................................$64,934Per Capita Personal Income...................................$26,281
1
Brian Thomasbrianthomasphotography.com
Get to know the Rockford MSA and all of its assets.
Quick FactsThe current investment exceeds $1.5 billion in the Rockford MSA
- $812 million healthcare industry investment by four healthcare systems- $350 million investment at the Fiat Chrysler Automobile plant as the company retools for the production of the Jeep Cherokee- $300 million investment in the new 450,000SF facility by Woodward, Inc.- $40 million maintenance, repair, and overhaul (MRO) facility completed for AAR Corp. at Chicago Rockford International Airport (RFD) to repair wide-body jets.- $20 million terminal expansion at RFD
We are a Region of Opportunity The Rockford MSA ranks #6 on the “Forbes’ Opportunity Cities: 19 Places Where It May Be Easier to Make Your Mark.”
It’s never been easier to get aroundThe tollway has been expanded. Our gateway entrances at Genoa Road, Irene Road, South Main Street, and West State Street have been completed.
The place to beCity Market, Friday Night Flix, Tough Mudder, Rockford ProAm, Stroll on State, Boone County Fair, Screw City Beer Festival, Heritage Days and Hometown Christmas in Belvidere– these are just a few of the events that have given thousands of people something cool to do. And did we mention the mix of eclectic shops, bars, and restaurants?
NOTE: All information provided in the Quick Reference Guide, unless otherwise noted, is for the Rockford Metropolitan Statistical Area (MSA).
# Employer Employees
1
Flat Chrysler Automobiles
(Belvidere Assembly Plant)
4,323
2 Rockford Public School District 205 3,525
3 Mercy Health 3,195
4 SwedishAmerican Health System 2,988
5 OSF Healthcare 2,800
6 UTC Aerospace Systems 2,200
7 Walmart Stores 1,611
8 Woodward, Inc. 1,540
9 PCI - Packaging Coorinators, Inc. 1,500
10 Winnebago County 1,449
Top EmployersRockford, Illinois is located in the burgeoning I-90 growth corridor and is part of the third largest economic corridor in the US. The Rockford MSA sits contiguous to the Chicago Metropolitan Area in Northern Illinois and encompasses Boone and Winnebago Counties. Centrally located, Rockford is 65 miles northwest of Chicago’s O’Hare International Airport, 90 miles east of the Mississippi River, and adjacent to the Wisconsin state line. The location allows for easy access to regional, national, and international markets. Globally connected with international firms, Rockford generates $2.3 billion in annual exports. The MSA manufactures items used around the world.
Rockford is the second largest central city in Illinois, with high performing world class industry clusters in aerospace, automotive, logistics and advanced manufacturing. Rockford is also a growing regional center for healthcare. The current investment exceeds $1.5 billion in the Rockford MSA:
• $812 million healthcare industry investment by four healthcare systems• $350 million investment at the Fiat Chrysler Automobile plant as the
company retools for the production of the Jeep Cherokee• $300 million investment in the new 450,000SF facility by Woodward, Inc.• $40 million maintenance, repair, and overhaul (MRO) facility completed
for AAR Corp. at Chicago Rockford International Airport (RFD) to repair wide-body jets.
• $20 million terminal expansion at RFD
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A B C D E F G H I J
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20B.R.
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39C
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r R
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Yale Bridge Rd.
Freeport Rd.
Freeport Rd.
N. P
ecat
oni
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W. State St.
Cunningham Rd.
Cunningham Rd.
Edwardsville Rd.
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W. State St.
Montague Rd.
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erid
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Safford Rd.
Riverside Blvd.
Elmwood Rd.
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en C
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r R
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Latham Rd.Cemetary Rd.
Ralston Rd.
Auburn St.
School St. Whitman St.
Kilburn Ave.Sp
ring
�eld
Rd
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ckto
n A
ve.
N. M
ain
St.
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nd S
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ckto
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ve.
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Old
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d.
Roscoe Rd.Wishop Rd.
Favor Rd.
N. M
ain
St.
Hononegah Rd.
Prai
rie A
ve.
Prairie Hill Rd.
Gardner St.
Manchester Rd.
N. Boone School Rd.
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aso
n R
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Woodstock Rd.
Pop
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Pear
l Str
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ne Q
uarr
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Irene
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11th
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35th
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Mul
ford
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Blackhawk Rd.
Samuelson Rd.
Sandy Hollow Rd.
Harrison Ave.
Kis
hwau
kee
St.
Broadway15th Ave.
Michigan Ave.
Morgan St.
Simpson Rd.
Linden Rd.
Airport D
r.
Newburg Rd.
Perr
yvill
e R
d.
Perr
yvill
e R
d.
Harlem Rd.
Alp
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Rd
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Park
view
Ave
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rest
Hills R
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Mitc
hell
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nd S
t.
Mul
ford
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Bel
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Guilford Rd.
Spring Creek Rd.
Spring Brook Rd.
Highcrest Rd.
Guilford Rd.
Rural St.
E. State St.
Charles St.
Charles St.
Spring Creek Rd.
Riverside Blvd.
E. State St.
Shaw
Rd
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Cherry Valley Rd.
Locust St.
Rockton Rd.
Elevator Rd.
Swanson Rd. Belvidere Rd.
Hunter Rd.
Cal
edo
nia
Rd
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West Lane Rd.
Dawson Lake Rd.
Beloit Rd.
Co
unty Line Rd
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W. Rockton Rd.
Freeport Rd.
N. W
inne
bag
o R
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Montague Rd.
Telegraph Rd.
Trask Bridge Rd.
Har
riso
n R
d.
South Beloit
Roscoe
Machesney Park
Poplar Grove
Loves Park
Rockford
New Milford
CherryValley
Rockton
Shirland
Durand
Pecatonica
Winnebago
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LegendSite/Attraction
Area Information
Hotel
HospitalN
90INTERSTATE
39INTERSTATE
Auburn St.
(Approx. 8 miles)
(to Rockford)(to Freeport)Bypass 20
W. State St.
Cunningham Rd.
N. W
inne
bag
o R
d.
Mai
n St
.N
. Pec
ato
nica
Rd
.
Elid
a St
.
Winnebago
Pecatonica
PECAT
ON
ICA R
IVER
20
46
6645
90INTERSTATE
39INTERSTATE
Roscoe
Rockton
Ow
en C
etne
r R
d.
Gleasman Rd.
Roscoe Rd.
Yale Bridge Rd.
Blackh
awk B
lvd.
Shirland Rd.
ROCK RIVER
PECATONICA RIVER
N. 2
nd S
t.
Hononegah Rd.
Co Hwy 9 E. Rockton Rd.
N. 2
nd S
t.
N. R
ock
ton
Ave
.
N. M
ain
St.
Freeport Rd.
2
75 251
51
(to Wisconsin)
(to Rockfordand Chicago)
(to Freeport)approx. 30 miles
(to Shirland)approx. 2 miles
67
21
24
3033
32
ROC
K RI
VER
Downtown Rockford
N. 3
rd S
t.
N. 2
nd S
t.
N. 1
st S
t.
Mad
ison
St.
Mai
n St
.
Mai
n St
.Cour
t St.
Chur
ch S
t.
Cedar St.
Elm St.
W. State St.
Mulberry St.
Park Ave.
S. W
inne
bago
St.
Chestnut St.
N. W
yman
St.
Walnut St.
E. State St.
Jefferson St.
Ro
ckto
n A
ve.
2
2
70
20B.R.
20B.R.
20B.R.
20B.R.
10
114
1
12
3
8
67
2
59
E. State St. Hotel Campus
Walton St.
Colosseum Dr.
Clark Dr.
Argus Dr.
Bel
l Sch
oo
l Rd
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Lyfo
rd R
d.
E. State St.
A
E
F
I
G
BN
HJ
L
DM
K
R
C
Q
O
PS
Aldeen Golf Club (G7)
Alpine Hills Adventure Park (F8)
Anderson Japanese Gardens (F7)
Atwood Homestead Golf Course (F4)
Beyer Stadium (E8)
Blackhawk Springs Forest Preserve (G9)
Camp Grant Museum (E10)
Carlson Ice Arena & Sapora Playworld (G6)
The Cherry Bowl (G8)
CherryVale Mall (G8)
Chicago Rockford Intl. Airport (E10)
Don Carter Lanes (F8)
DC Estate Winery (G1)
Edgebrook (F7)
Elliot Golf Course (H8)
Erlander Home Museum (E8)
Ethnic Heritage Museum/Graham- Ginestra House (E8)
Forest Hills Diamonds (F6)
Harlem Community Center (F5)
Historic Auto Attractions (G2)
Hononegah Forest Preserve (small map)
Ingersoll Golf Course (D7)
Kegel Harley-Davidson (G9)
Kieselburg Forest Preserve (small map)
Kilbuck Bluff Forest Preserve (E10)
Klehm Arboretum & Botanic Garden (E8)
La Paloma Gardens (F7)
Laser Quest (G8)
Laurent House (G6)
Ledges Golf Course (small map)
Levings Park (E8)
Macktown Golf Course (small map)
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68AB
BMO Harris Bank CenterBurpee Museum of Natural HistoryCoronado Performing Arts CenterDavis ParkDiscovery Center MuseumForest City QueenRiverview Ice HouseRockford Area CVBRockford Art MuseumTinker Swiss Cottage Museum & GardensUW Health Sports FactoryVeterans Memorial Hall
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1112
Baymont Inn & SuitesCandlewood SuitesComfort InnCourtyard by MarriottDays Inn RockfordExtended Stay America – I-90Extended Stay America – State St.Fair� eld Inn & SuitesHampton Inn
Hilton Garden InnHoliday Inn of RockfordLa Quinta Inn & Suites Rockford Motel 6Radisson Hotel & Conference CenterRed Roof InnResidence Inn by MarriottSleep Inn of RockfordStaybridge SuitesSuper 8 Motel
A
B
CD
EF
G
H
I
JK
L
MN
OP
Q
RS
Macktown Living History Center (small map)
Magic Waters Waterpark (G8)
Mercyhealth Hospital (E6)
Mercyhealth Sportscore One (F6)
Mercyhealth Sportscore Two / Indoor Sports Center (H6)
Midway Village Museum (G7)
Nature at the Con� uence (F1)
Nicholas Conservatory & Gardens (F7)
NIU – Rockford (H7)
Nygren Wetland Preserve (E2)
OSF St. Anthony Medical Center (G7)
Peace Plaza (Keeling-Puri) (G6)
Pec Playhouse Theatre (small map)
Pecatonica Wetlands Forest Preserve (small map)
Rivets Stadium (H6)
Rock Cut State Park (G5)
Rock Valley College (G6)
Rockford Speedway (F5)
Rockford University (G8)
Sandy Hollow Golf Course (F9)
Searls Park / Lockwood Park (E7)
Severson Dells Forest Preserve (D9)
ShowPlace 14 Movie Theater (G5)
ShowPlace 16 Movie Theater (H8)
Sinnissippi Golf Course (F7)
South Beloit Municipal Park (F1)
Starlight Theatre (G6)
SwedishAmerican Hospital (F8)
Sugar River Forest Preserve (C1)
Turtle Creek Information Center (G1)
UIC Health Sciences Campus (F7)
Volcano Falls Adventure Park (G6)
West Rock Wake Park (E8)
Winnebago County Fairgrounds (small map)
Winnebago Forest Preserve Headquarters (small map
Womanspace (G6)
Alpine Inn (F8)
Best Western Legacy Inn & Suites – South Beloit (G1)
CDEFG
Cliffbreakers Riverside Resort (F6)
Copperstone Inn (D1)
Garden Hotel & Conference Center (F1)
Holiday Inn Express (G6)
Quality Inn & Suites – Loves Park (G6)
DOWNTOWN ROCKFORD MAP
Map key on next page
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A B C D E F G H I J
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Yale Bridge Rd.
Freeport Rd.
Freeport Rd.
N. P
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W. State St.
Cunningham Rd.
Cunningham Rd.
Edwardsville Rd.
S. H
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Wes
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S. M
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S. M
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W. State St.
Montague Rd.
N. M
erid
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Safford Rd.
Riverside Blvd.
Elmwood Rd.
Ow
en C
ente
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d.
Latham Rd.Cemetary Rd.
Ralston Rd.
Auburn St.
School St. Whitman St.
Kilburn Ave.
Sprin
g�e
ld R
d.
Ro
ckto
n A
ve.
N. M
ain
St.
N. 2
nd S
t.
Ro
ckto
n A
ve.
N. M
ain
St.
Old
Riv
er R
d.
Roscoe Rd.Wishop Rd.
Favor Rd.
N. M
ain
St.
Hononegah Rd.
Prai
rie A
ve.
Prairie Hill Rd.
Gardner St.
Manchester Rd.
N. Boone School Rd.
Ferg
aso
n R
d.
Woodstock Rd.
Pop
lar
Gro
ve R
d.
Pear
l Str
eet
Rd
.
Sto
ne Q
uarr
y R
d.
Irene
Rd
.
11th
St.
35th
St.
Mul
ford
Rd
.
Blackhawk Rd.
Samuelson Rd.
Sandy Hollow Rd.
Harrison Ave.
Kis
hwau
kee
St.
Broadway15th Ave.
Michigan Ave.
Morgan St.
Simpson Rd.
Linden Rd.
Airport D
r.
Newburg Rd.
Perr
yvill
e R
d.
Perr
yvill
e R
d.
Harlem Rd.
Alp
ine
Rd
.
Park
view
Ave
.Fo
rest
Hills R
d.
Mitc
hell
Rd
.N. 2
nd S
t.
Mul
ford
Rd
.
Bel
l Sch
oo
l Rd
.
Guilford Rd.
Spring Creek Rd.
Spring Brook Rd.
Highcrest Rd.
Guilford Rd.
Rural St.
E. State St.
Charles St.
Charles St.
Spring Creek Rd.
Riverside Blvd.
E. State St.
Shaw
Rd
.
Cherry Valley Rd.
Locust St.
Rockton Rd.
Elevator Rd.
Swanson Rd. Belvidere Rd.
Hunter Rd.
Cal
edo
nia
Rd
.
West Lane Rd.
Dawson Lake Rd.
Beloit Rd.
Co
unty Line Rd
.
W. Rockton Rd.
Freeport Rd.
N. W
inne
bag
o R
d.
Montague Rd.
Telegraph Rd.
Trask Bridge Rd.
Har
riso
n R
d.
South Beloit
Roscoe
Machesney Park
Poplar Grove
Loves Park
Rockford
New Milford
CherryValley
Rockton
Shirland
Durand
Pecatonica
Winnebago
A
FG
E
B
D
C
1
8
48
14
29
36
68
3747
64
2763
13
3
212
51
5
16
4057
18
19
50
4
55
20
58
39
42
62
17
22
25
52
26
54
6531
35
6043
53
23
34
28
38
4459
49
6
9
10
15
41
56
7
11
61
LegendSite/Attraction
Area Information
Hotel
HospitalN
90INTERSTATE
39INTERSTATE
Auburn St.
(Approx. 8 miles)
(to Rockford)(to Freeport)Bypass 20
W. State St.
Cunningham Rd.
N. W
inne
bag
o R
d.
Mai
n St
.N
. Pec
ato
nica
Rd
.
Elid
a St
.
Winnebago
Pecatonica
PECAT
ON
ICA R
IVER
20
46
6645
90INTERSTATE
39INTERSTATE
Roscoe
Rockton
Ow
en C
etne
r R
d.
Gleasman Rd.
Roscoe Rd.
Yale Bridge Rd.
Blackh
awk B
lvd.
Shirland Rd.
ROCK RIVER
PECATONICA RIVER
N. 2
nd S
t.
Hononegah Rd.
Co Hwy 9 E. Rockton Rd.
N. 2
nd S
t.
N. R
ock
ton
Ave
.
N. M
ain
St.
Freeport Rd.
2
75 251
51
(to Wisconsin)
(to Rockfordand Chicago)
(to Freeport)approx. 30 miles
(to Shirland)approx. 2 miles
67
21
24
3033
32
ROC
K RI
VER
Downtown Rockford
N. 3
rd S
t.
N. 2
nd S
t.
N. 1
st S
t.
Mad
ison
St.
Mai
n St
.
Mai
n St
.Cour
t St.
Chur
ch S
t.
Cedar St.
Elm St.
W. State St.
Mulberry St.
Park Ave.
S. W
inne
bago
St.
Chestnut St.
N. W
yman
St.
Walnut St.
E. State St.
Jefferson St.
Ro
ckto
n A
ve.
2
2
70
20B.R.
20B.R.
20B.R.
20B.R.
10
114
1
12
3
8
67
2
59
E. State St. Hotel Campus
Walton St.
Colosseum Dr.
Clark Dr.
Argus Dr.
Bel
l Sch
oo
l Rd
.
Lyfo
rd R
d.
E. State St.
A
E
F
I
G
BN
HJ
L
DM
K
R
C
Q
O
PS
Aldeen Golf Club (G7)
Alpine Hills Adventure Park (F8)
Anderson Japanese Gardens (F7)
Atwood Homestead Golf Course (F4)
Beyer Stadium (E8)
Blackhawk Springs Forest Preserve (G9)
Camp Grant Museum (E10)
Carlson Ice Arena & Sapora Playworld (G6)
The Cherry Bowl (G8)
CherryVale Mall (G8)
Chicago Rockford Intl. Airport (E10)
Don Carter Lanes (F8)
DC Estate Winery (G1)
Edgebrook (F7)
Elliot Golf Course (H8)
Erlander Home Museum (E8)
Ethnic Heritage Museum/Graham- Ginestra House (E8)
Forest Hills Diamonds (F6)
Harlem Community Center (F5)
Historic Auto Attractions (G2)
Hononegah Forest Preserve (small map)
Ingersoll Golf Course (D7)
Kegel Harley-Davidson (G9)
Kieselburg Forest Preserve (small map)
Kilbuck Bluff Forest Preserve (E10)
Klehm Arboretum & Botanic Garden (E8)
La Paloma Gardens (F7)
Laser Quest (G8)
Laurent House (G6)
Ledges Golf Course (small map)
Levings Park (E8)
Macktown Golf Course (small map)
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91011121314151617
181920212223242526272829303132
3334353637
383940414243444546
474849505152535455565758596061626364
656667
68AB
BMO Harris Bank CenterBurpee Museum of Natural HistoryCoronado Performing Arts CenterDavis ParkDiscovery Center MuseumForest City QueenRiverview Ice HouseRockford Area CVBRockford Art MuseumTinker Swiss Cottage Museum & GardensUW Health Sports FactoryVeterans Memorial Hall
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10
1112
Baymont Inn & SuitesCandlewood SuitesComfort InnCourtyard by MarriottDays Inn RockfordExtended Stay America – I-90Extended Stay America – State St.Fair� eld Inn & SuitesHampton Inn
Hilton Garden InnHoliday Inn of RockfordLa Quinta Inn & Suites Rockford Motel 6Radisson Hotel & Conference CenterRed Roof InnResidence Inn by MarriottSleep Inn of RockfordStaybridge SuitesSuper 8 Motel
A
B
CD
EF
G
H
I
JK
L
MN
OP
Q
RS
Macktown Living History Center (small map)
Magic Waters Waterpark (G8)
Mercyhealth Hospital (E6)
Mercyhealth Sportscore One (F6)
Mercyhealth Sportscore Two / Indoor Sports Center (H6)
Midway Village Museum (G7)
Nature at the Con� uence (F1)
Nicholas Conservatory & Gardens (F7)
NIU – Rockford (H7)
Nygren Wetland Preserve (E2)
OSF St. Anthony Medical Center (G7)
Peace Plaza (Keeling-Puri) (G6)
Pec Playhouse Theatre (small map)
Pecatonica Wetlands Forest Preserve (small map)
Rivets Stadium (H6)
Rock Cut State Park (G5)
Rock Valley College (G6)
Rockford Speedway (F5)
Rockford University (G8)
Sandy Hollow Golf Course (F9)
Searls Park / Lockwood Park (E7)
Severson Dells Forest Preserve (D9)
ShowPlace 14 Movie Theater (G5)
ShowPlace 16 Movie Theater (H8)
Sinnissippi Golf Course (F7)
South Beloit Municipal Park (F1)
Starlight Theatre (G6)
SwedishAmerican Hospital (F8)
Sugar River Forest Preserve (C1)
Turtle Creek Information Center (G1)
UIC Health Sciences Campus (F7)
Volcano Falls Adventure Park (G6)
West Rock Wake Park (E8)
Winnebago County Fairgrounds (small map)
Winnebago Forest Preserve Headquarters (small map
Womanspace (G6)
Alpine Inn (F8)
Best Western Legacy Inn & Suites – South Beloit (G1)
CDEFG
Cliffbreakers Riverside Resort (F6)
Copperstone Inn (D1)
Garden Hotel & Conference Center (F1)
Holiday Inn Express (G6)
Quality Inn & Suites – Loves Park (G6)
DOWNTOWN ROCKFORD MAP KEY
Rockford Illinois
in good company
where toDine
where toAdventure
where toEntertain
where toBring Your
Game
where toPlay &Learn
Rockford Region Go Guide
Scott NiedergangManaging Director Capital MarketsHealthcare Advisory PracticeDirect: (312) 338-7060Mobile: (312) [email protected]
Gino LollioManaging DirectorCapital Markets Healthcare Advisory PracticeDirect: (312) 338-7061Mobile: (239) [email protected]
Bryan Belville AssociateCapital Markets Healthcare Advisory Practice Direct: (312) 424-8029Mobile: (312) [email protected]
Brian McCoyAssociate Healthcare Advisory Practice Capital MarketsDirect: (312) 424-8023Mobile: (512) 689-9036 [email protected]