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    540 Eastern Ave South Beloit, IL 61080

    Pending
    For Sale
    Contact for pricing

    Land - SOUTH BELOIT, IL

    Lot size:
    0.22 Acres
    Days on Market:
    157
    Last Refresh:
    Dec 10 at 2:06 pm

    Property Features for 540 Eastern Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    0405332010
    Interior features
    None
    Lot size
    0.22 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Pat Bellinghiere (815) 623-3333 License #471001857

    Listing date Jul 7, 2025

    MLS# 202503622 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

    Residential Land in South Beloit

    This 0.22-acre lot is located in South Beloit, Illinois, and is zoned R2A. The zoning allows for the construction of either a single-family or a two-family residential dwelling.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Custom Iron Works, ... Welder

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    South Beloit
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.035603
    Latitude
    42.489521

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    FAQs

    What type of property is this?
    Residential land & home lot - Buildable lot zoned for single or two-family residential use.
    Where is this residential land & home lot located?
    The property is located at 540 Eastern Ave South Beloit, IL.
    What is the asking price?
    The asking price for this property is $5,000.
    What are key features of this property?
    This property features: - Buildable Lot ready for your vision.; - Zoned R2A, offering flexibility.; - Build a two-family residential property.
    (815) 623-3333
    Request Owner's contact information
    540 Eastern Ave South Beloit, IL 61080
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    South Beloit, IL 61080
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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
    540 Eastern Ave South Beloit, IL 61080
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