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    4 Acres Perryville & Fincham Rd Rockford, IL 61108

    Pending
    For Sale
    $553,230

    Land - Rockford, IL

    Lot size:
    4.23 Acres
    Days on Market:
    248
    Last Refresh:
    Dec 12 at 6:06 am

    Property Features for 4 Acres Perryville & Fincham Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    1227276019
    Lot size
    4.23 Acres

    Building Details

    Architectural style
    Other

    Flanagan Realty (630) 388-8522 [email protected]

    Listing agent Daniel Flanagan (630) 791-0505 License #471000084

    Listing date Apr 9, 2025

    MLS# 11779269 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rockford Land Ideal for Development

    This +/- 4.23-acre lot is situated in a dense residential area, presenting an ideal opportunity for commercial, office, or multi-family development. The property is located west of Perryville Road, a major north-south thoroughfare in the Rockford metro area, which experiences average daily traffic counts exceeding 20,000 vehicles. The parcels are suitable for a range of uses, including retail, commercial, light industrial, medical office, and high-density residential. The location benefits from high traffic counts at Perryville Road and State Street, with convenient access to I-90, I-39, and US Bypass 20. Additionally, the property is located near the Chicago Rockford International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0014
    Latitude
    42.2548

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    FAQs

    What type of property is this?
    Commercial land - 4.23-acre lot suitable for commercial or multi-family development.
    Where is this commercial land located?
    The property is located at 4 Acres Perryville & Fincham Rd Rockford, IL.
    What is the asking price?
    The asking price for this property is $553,230.
    What are key features of this property?
    This property features: - +/- 4.23-acre lot ideal for commercial, office, or multi-family development.; - High traffic location on Perryville Road with over 20,000 vehicles per day.; - Well-situated for retail, commercial, light industrial, medical office, and high-density residential uses.
    (630) 791-0505
    Request Owner's contact information
    4 Acres Perryville & Fincham Rd Rockford, IL 61108
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    Rockford, IL 61108
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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
    4 Acres Perryville & Fincham Rd Rockford, IL 61108
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