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    Northern Ave Rockford, IL 61107

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    For Sale
    $621,720

    Commercial land with high traffic, near Hard Rock Casino.

    Property size:
    264,987 SF
    Lot size:
    1.19 Acres

    Property Features for Northern Ave

    General Information

    Size
    264,987 SF
    Lot size
    1.19 Acres

    Source: Keller Williams Realty Signature LP Agent Derrick Kunz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High Visibility Commercial Land Available

    This is a high visibility commercial land lot located off of E. State St, with a traffic count exceeding 14,000 vehicles per day. The property is one of four lots available for individual purchase or combined acquisition. Situated approximately half a mile from the new Hard Rock Casino, the property offers a total area of 264,987 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.9498255
    Latitude
    42.2756787

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    FAQs

    What type of property is this?
    Land - Commercial land with high traffic, near Hard Rock Casino.
    Where is this land located?
    The property is located at Northern Ave Rockford, IL.
    What is the asking price?
    The asking price for this property is $621,720.
    What are key features of this property?
    This property features: - High visibility location on E. State St.; - Over 14,000 vehicles per day (VPD).; - Proximity to the new Hard Rock Casino (half mile away).
    (815) 979-1000
    Request Owner's contact information
    Northern Ave Rockford, IL 61107
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    Northern Ave
    Rockford, IL 61107
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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
    Northern Ave Rockford, IL 61107
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