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    3809 State St Rockford, IL 61108

    Sponsored
    For Sale
    $895,000

    52,817 SF C2 Zoned Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This prime commercial land parcel, totaling 52,817 square feet, presents a significant investment opportunity in Rockford, Illinois. Located at 3809 E State St, this C2-zoned property boasts high visibility and accessibility on a busy stretch of East State Street, within a prominent shopping district just east of downtown. Its strategic location offers excellent exposure, situated near established businesses such as Zoltan's Sewing Center and Metrolink LLC, and approximately one mile from the N Alpine Rd intersection. The property's C2 zoning allows for a diverse range of commercial uses, making it ideal for retail development, or other commercial enterprises. This presents a strong investment prospect with promising growth potential. The seller will consider build-to-suite or ground lease options. The property's APN is 12-29-102-002. The asking price is $895,000.

    Property Features for 3809 State St

    General Information

    Property type
    Land

    HighLights

    • Prime investment opportunity: 52,817 SF commercial land parcel in Rockford, IL.
    • C2 zoning allows for diverse commercial uses, including retail.
    • High visibility and accessibility on E State St, near established businesses.
    • Strong investment potential with flexible development options, including build‑to‑suite or ground lease.
    • Located in a prominent shopping district, approximately one mile from N Alpine Rd.
    • Asking price: $895,000; APN: 12‑29‑102‑002.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0384061
    Latitude
    42.2645978

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    FAQs

    What type of property is this?
    Land - 52,817 SF C2 Zoned Land
    Where is this land located?
    The property is located at 3809 State St Rockford, IL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Prime investment opportunity: 52,817 SF commercial land parcel in Rockford, IL.; C2 zoning allows for diverse commercial uses, including retail.; High visibility and accessibility on E State St, near established businesses.
    (630) 938-4950
    Request Owner's contact information
    3809 State St Rockford, IL 61108
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    Rockford, IL 61108
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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
    3809 State St Rockford, IL 61108
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