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    3349 Mill Rd Cherry Valley, IL 61016

    For Sale
    $59,900

    Land - CHERRY VALLEY, IL

    Lot size:
    1.03 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for 3349 Mill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1601151001
    Interior features
    None
    Lot size
    1.03 Acres

    Building Details

    Architectural style
    Other

    Gambino Realtors (815) 637-0101 [email protected]

    Listing agent Jayson Shull (815) 282-2222 License #475179205

    Listing date Oct 23, 2025

    MLS# 202506595 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Buildable Lot in Cherry Valley

    This 1.03-acre lot is located in Cherry Valley, IL. The property is buildable and provides ample space for a home, outbuilding, and garden. The total square footage allows for subdividing per Village minimum standards. The lot is surrounded by picturesque landscapes and mature trees. Existing water and sewer taps provide easy access, eliminating tap on fees. Electricity is available across the road, and high-speed internet is on the property. An existing blacktop approach and small gravel drive provide starting access, with a second curb cut allowing access to a potential second lot. The property is minutes away from parks, a lake, a river, sports grounds, restaurants, and the I-90/39 corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Valley
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.95989
    Latitude
    42.234069

    Nearby Similar for Sale

    • $279,000

      Spacious Duplex in Cherry Valley

      Two-unit property with versatile layouts and classic downtown character.
      739 Elgin St, Cherry Valley, IL 61016
      View Details

    FAQs

    What type of property is this?
    Land - 1.03-acre lot near parks, lake, and I-90/39 corridor.
    Where is this land located?
    The property is located at 3349 Mill Rd Cherry Valley, IL.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: - 1.3-acre buildable lot with sub-divide potential; - Easy access to utilities: water, sewer, electricity, and high-speed internet; - Convenient location: minutes from parks, lake, river, restaurants, and I-90/39
    (815) 282-2222
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    Cherry Valley, IL 61016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3349 Mill Rd Cherry Valley, IL 61016
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