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Commercial Land at Signalized Intersection
For Sale
$750,000
Pending

6950 E Riverside Blvd, Loves Park, IL 61111

One-acre redevelopment site with access to major roads and proximity to an interstate interchange.

Property SizeContact for details
Days on Market777

Property Features for 6950 E Riverside Blvd

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $16,826
Listing Agency: Flanagan Realty, LLC.
Listed By: Daniel Flanagan · License #471000084
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 29 Last Checked: Aug 29 at 9:21PM

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 Flanagan Realty, LLC.

Investment Insights

Based on property information with market context.

This commercial land offering includes a 1-acre former gas station site positioned at the signalized intersection of Riverside Blvd and McFarland Rd. The property is suited to redevelopment, with its existing commercial-site context and placement along a busy thoroughfare.

Access to regional routes is a key physical attribute: the site is less than 1 mile from the I-90 interchange and one block from the Perryville Road intersection. The property is located at 6950 E Riverside Blvd in Loves Park, Illinois.

Key Highlights

  • 1‑acre former gas station site
  • Signalized intersection at Riverside Blvd and McFarland Rd
  • Less than 1 mile to the I‑90 interchange

Property Analytics

Current Use

bp Gas Station It’s Personal Gym & Fitness Center

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm HVAC Service Auto Parts Store Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby
208k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Apparel 25% Shops & Services 12% Home Improvements & Furnishings 1%
Blain's Farm & Fleet Apparel
51,243 visits/mo 0.4 miles
McDonald's Dining
35,414 visits/mo 0.1 miles
Culver's Dining
24,080 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
20,012 visits/mo 0.2 miles
Starbucks Dining
19,521 visits/mo 0.3 miles

Demographics for 61111, IL

23,028
Population
10,248
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
14.2 sq mi
ZIP Area
1,622
Density / Sq Mi
$58,391
Median Household Income
$42,751
Median Earnings
$1,101
Median Rent
$143,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - One-acre redevelopment site with access to major roads and proximity to an interstate interchange.
Where is this commercial land located?
The property is located at 6950 E Riverside Blvd Loves Park, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1‑acre former gas station site; Signalized intersection at Riverside Blvd and McFarland Rd; Less than 1 mile to the I‑90 interchange
More about this property
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