Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Corner Lot Available Title is generated by Realmo AI

    4000 Renn Hart Hills, Rockford, IL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Corner lot with frontage on E. Riverside Blvd.

    Type:LAND
    Lot size:
    0.62 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    178
    Last Refresh:
    Apr 5 at 8:56 pm

    Property Features for 4000 Renn Hart Hills

    General Information

    Standard status
    Active
    Lot size
    0.62 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Victor Nafranowicz

    Listing agent Victor Nafranowicz License #471004086

    Listing office Vic Nafranowicz Inc

    Listing date Nov 25, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Vic Nafranowicz Inc

    HighLights

    • Vacant Corner Lot
    • Boasting 217 ft Frontage on Renn Hart Hills
    • Also featuring 108 ft Frontage on E. Riverside Blvd
    • Level Lot which slopes to the rear
    • Contract Terms Possible

    Overview

    This vacant corner lot features 108 feet of frontage on E. Riverside Blvd and 217 feet of frontage on Renn Hart Hills. The level lot slopes to the rear. Contract terms are possible.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Building Supply Spa & Massage Center Auto Repair Shop Kitchen & Bath Showroom Accounting Firm HVAC Service Garden Center Electrical Service Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.1516
    Latitude
    42.3317

    Nearby Similar for Sale

    • $395,000

      Downtown Rockford Mixed-Use Investment

      Mixed-use property with immediate income and value-add potential.
      308-310 E State, ROCKFORD, IL 61104
      View Details
    • $360,000

      Rockford Commercial Property For Sale

      Commercial property with high visibility in a bustling Rockford area.
      721 E State Street, Rockford, IL 61104
      View Details
    • $35,000

      ROCKFORD, IL Commercial Land ForSale

      7,000+ sq. ft. lot in high-traffic area.
      1116 Auburn, ROCKFORD, IL 61103
      View Details
    • $3,200,000

      Rockford Commercial Corner Opportunity

      High-visibility commercial corner lot near interstate and airport.
      3442 Merchandise Drive, Rockford, IL 61109
      View Details
    • $3,200,000

      Rockford Commercial Corner Opportunity

      High-visibility commercial corner lot near interstate and airport.
      3442 Merchandise Drive, Rockford, IL 61109
      View Details
    • $324,900
      3,350 SF

      Six-Unit Multifamily Investment Opportunity

      Six-unit multifamily property with rental potential in Rockford, Illinois.
      909-911 Ridge, ROCKFORD, IL 61103
      View Details
    • $224,900

      Rockford Commercial Property with Storage

      Commercial property with storage, overhead doors, and customization potential.
      2111 11TH Street, Rockford, IL 61104
      View Details
    • $220,000
      2,501 SF

      Well-Maintained Duplex in Rockford, IL

      Clean, move-in ready duplex with recent updates, ideal for investors.
      2523 - 2525 Holmes, ROCKFORD, IL 61108
      View Details
    • $899,900

      Rockford Land Near Interstate

      37 acres of commercial/industrial land near I-39.
      42XX BAXTER, ROCKFORD, IL 61102
      View Details
    • $284,999

      Remodeled Duplex: Turn-Key Investment

      Completely remodeled duplex in 2022, great investment opportunity.
      4733 Javelin, ROCKFORD, IL 61108
      View Details
    • $320,000

      Turnkey Furnished Rental Portfolio

      Fully occupied 6-unit rental property with proven income.
      712 Seminary, ROCKFORD, IL 61104
      View Details
    • $725,000

      Equestrian Property with Covered Arena

      Turnkey horse property with arena, stalls, and modern amenities.
      5382 GUILFORD, ROCKFORD, IL 61107
      View Details

    FAQs

    What type of property is this?
    Land - Corner lot with frontage on E. Riverside Blvd.
    Where is this land located?
    The property is located at 4000 Renn Hart Hills Rockford, IL.
    What is the asking price?
    The asking price for this property is $68,000.
    What are key features of this property?
    This property features: Vacant Corner Lot; Boasting 217 ft Frontage on Renn Hart Hills; Also featuring 108 ft Frontage on E. Riverside Blvd
    (815) 988-9057 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Victor Nafranowicz
    Real Estate License ID: 471004086
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4000 Renn Hart Hills, Rockford, IL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!