Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3218 11Th St Rockford, IL 61109

    Sponsored
    For Sale
    $675,000

    Prime 3-acre site, vacant school building

    Property size:
    58,070 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional redevelopment opportunity presents a 58,070 square foot, two-story vacant school building situated on a 3.06-acre lot (133,560 sq ft) in Rockford, Illinois. Built in 1923, the property boasts 316 feet of frontage on 11th Street, a high-traffic area with approximately 22,000 vehicles passing daily. Its convenient location is less than half a mile from the Business 20 Bypass and only 5.5 miles from the Chicago Rockford International Airport, placing it within a concentrated retail area. Currently zoned R1, the City of Rockford is open to rezoning applications, offering significant flexibility for adaptive reuse or redevelopment projects, including the possibility of demolition. The building, with a 10-foot ceiling height, includes all existing fixtures. The property is being sold "as is," and is currently exempt from real estate taxes. This is a unique chance to acquire a substantial property with significant potential for various uses, including residential, office, or community development. The asking price is $675,000. APN: 15-01-376-004.

    Property Features for 3218 11Th St

    General Information

    Property type
    Schools
    Square Feet
    58,070 SF

    Building Details

    Year Built
    1923
    Buildings
    1
    Stories
    2

    HighLights

    • 58,070 SF two‑story vacant school building on a 3.06‑acre lot in Rockford, IL.
    • High‑traffic location with 316 feet of frontage on 11th Street (approx. 22,000 vehicles daily), near the Business 20 Bypass and Chicago Rockford International Airport.
    • Currently zoned R1, but rezoning is possible.
    • Building features 10‑foot ceilings and existing fixtures; sold "as‑is".
    • Currently tax‑exempt; asking price $675,000; APN: 15‑01‑376‑004.
    Property Profile Location Intelligence

    Current Use by Public Records

    Blackhawk Carving Club Woodworker Morris Kennedy School School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0717293
    Latitude
    42.2261912

    Nearby Similar for Sale

    • New
      $225,000
      900 SF

      Rockford IL Turnkey Ready Duplex

      Turnkey ready duplex with updated units, ideal for investors.
      434 16Th St, Rockford, IL 61104
      View Details
    • New
      $350,000
      Pending

      Well-Maintained Rockford 4-Plex For Sale

      Four 2-bedroom units with updates, garage, and strong rental appeal.
      2321 Broadway, Rockford, IL 61104
      View Details
    • $560,000

      Updated Four-Unit Multifamily Property

      Renovated four-unit property with strong rentability in Rockford, Illinois.
      820 Cottage Grove Ave, Rockford, IL 61103
      View Details
    • New
      $199,900
      Pending

      Rockford Duplex with Garages

      Duplex in Rockford, each unit with three bedrooms.
      3321 W Riverside St, Rockford, IL 61103
      View Details
    • $140,000
      450 SF

      ROCKFORD Duplex with Garage

      Two-unit property with fenced yard and two-car garage.
      3107 Garfield Ave, Rockford, IL 61101
      View Details
    • $725,000
      2.28 Acres

      Equestrian Property with Covered Arena

      Turnkey horse property with arena, stalls, and modern amenities.
      5382 Guilford Rd, Rockford, IL 61107
      View Details
    • New
      $379,000
      2,726 SF

      Ranch-Style Duplex Condo in Rockford

      Well-maintained duplex condo with updated interiors and convenient location.
      6608-6610 Sawgrass Dr, Rockford, IL 61114
      View Details
    • $392,000

      Rockford Duplex with Income Potential

      Ranch-style duplex near shopping, dining, and I-90.
      3786-3788 Sage Dr, Rockford, IL 61114
      View Details
    • New
      $160,000

      Remodeled Duplex with Garage/Workshop

      Turn-key investment opportunity: remodeled 2-unit property with garage/workshop.
      1204 S 6Th St, Rockford, IL 61104
      View Details
    • $160,000
      1,002 SF

      Remodeled Duplex with Garage/Workshop

      Turn-key investment: remodeled 2-unit property with garage/workshop.
      1204 S 6Th St, Rockford, IL 61104
      View Details
    • $119,000
      Pending

      Rockford Residential Income Opportunity

      Two-unit property with potential for investors or owner-occupants.
      1021 7Th St, Rockford, IL 61104
      View Details
    • $182,000
      900 SF

      Versatile Multifamily Property in Rockford

      5-bedroom, 3.5-bathroom duplex with rental potential on 0.46 acres.
      3212 Searles Ave, Rockford, IL 61101
      View Details

    FAQs

    What type of property is this?
    School - Prime 3-acre site, vacant school building
    Where is this school located?
    The property is located at 3218 11Th St Rockford, IL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 58,070 SF two-story vacant school building on a 3.06-acre lot in Rockford, IL.; High-traffic location with 316 feet of frontage on 11th Street (approx. 22,000 vehicles daily), near the Business 20 Bypass and Chicago Rockford International Airport.; Currently zoned R1, but rezoning is possible.
    Request Owner's contact information
    3218 11Th St Rockford, IL 61109
    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.
    3218 11Th St
    Rockford, IL 61109
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3218 11Th St Rockford, IL 61109
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.