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    1109 Avon St Rockford, IL 61101

    For Sale
    $150,000

    Large commercial space, needs renovation. AS IS.

    Property size:
    27,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This expansive 27,000 square foot commercial property located at 1109 N Avon Street in Rockford, Illinois, presents a significant investment opportunity. Situated on a 1.19-acre lot, the building boasts a substantial footprint, ideal for a variety of commercial uses. Originally constructed as a hardware store, the structure features classic commercial construction elements including concrete block walls, a striking glass and brick façade, and a robust internal framework of steel columns and trusses. An interior inspection conducted on June 23, 2023, revealed that the property is currently uninhabitable. The inspection noted several missing and/or stained floor and ceiling tiles, and a complete lack of air conditioning due to the theft of copper tubing. This property is being sold strictly "AS IS," offering a unique chance for a buyer to envision and execute a complete renovation and repositioning. The substantial size and prime location in Rockford make this a compelling prospect for an investor or developer seeking a high-impact project with considerable upside potential. The property's history and existing structure provide a solid foundation for a creative redevelopment plan. The large lot size also offers ample space for potential expansion or outdoor amenities. This is a rare opportunity to acquire a significant commercial property in a desirable location at a highly competitive price.

    Property Features for 1109 Avon St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    27,000 SF
    Lot Size
    51,836 SF

    Building Details

    Year Built
    1966
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.10624
    Latitude
    42.28711

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    FAQs

    What type of property is this?
    Commercial real estate - Large commercial space, needs renovation. AS IS.
    Where is this commercial real estate located?
    The property is located at 1109 Avon St Rockford, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    (815) 975-0243
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    1109 Avon St Rockford, IL 61101
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    Rockford, IL 61101
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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
    1109 Avon St Rockford, IL 61101
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