3218 11th St Rockford, IL 61109

Building Details

Year Built

1923

Listing office Gambino Realtors

Listing date Aug 22, 2024

Source Crexi

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 Gambino Realtors

Report an issue

---

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity, originally constructed in 1923 as a school. The property is situated on a 3.06-acre site with 316 feet of frontage along 11th Street, which experiences approximately 22,000 vehicles passing daily. The location is 5.5 miles from Chicago Rockford International Airport and less than half a mile from the Business 20 Bypass, providing access and connectivity. The existing structure offers potential for residential conversions, office space, or a community destination. Currently zoned R1, the City of Rockford may consider rezoning. The property is exempt from real estate taxes. The site, offered as-is and inclusive of all existing fixtures, allows for reimagining the historic structure or new construction. The lot measures 133,294 square feet and offers a visible location. The property is intended for redevelopment.

Key Highlights

• Large 3.06‑acre lot (133,294 sq ft) with 316 feet of frontage on high‑traffic 11th Street (22,000 vehicles daily).
• Exempt from real estate taxes.
• Strategic location: 5.5 miles from Chicago Rockford International Airport and less than 0.5 miles from Business 20 Bypass.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $460,000

  3,690 SF

  Four-Unit Residential Income Property

  Well-maintained four-unit building with 2-bedroom apartments, in-unit laundry for two units, and a detached four-car garage.

  820 Cottage Grove Avenue, 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
• 

  $300,000

  2,980 SF

  Updated Three-Unit Investment Property

  Fully renovated 3-unit triplex with major systems and interior upgrades, positioned across from the Discovery Center Museum.

  712 N Court Street, ROCKFORD, IL 61103

  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
• 

  $3,500,000

  59,506 SF

  Multi-Tenant Office Building Investment

  Two-story office building with interstate visibility and income potential.

  527 Colman Center Dr, Rockford, IL 61108

  View Details
• 

  $1,415,000

  21,796 SF

  Versatile Commercial Property with Recent Upgrades

  21,796 SF commercial building on 1+ acre for sale.

  727 1st Avenue, Rockford, IL 61104

  View Details
• 

  $725,000

  Equestrian Dream Property in Rockford

  Turnkey horse property with arena, barn, and modern amenities.

  5382 GUILFORD Road, ROCKFORD, IL 61107

  View Details
• 

  $148,900

  1,599 SF

  Two-Unit Duplex with Deck

  Duplex with two separate units, updated windows, off-street parking, and included appliances for straightforward tenant setup.

  2217 LATHAM Street, ROCKFORD, IL 61103

  View Details
• 

  $242,500

  Mixed-Use Building with Off-Street Parking

  Two residential units with a commercial storefront and off-street parking support flexible live/work or rental income use.

  3304 W State Street, Rockford, IL 61102

  View Details
• 

  $3,200,000

  Rockford Commercial Land Opportunity

  Commercial land with high visibility and traffic count in Rockford.

  3442 Merchandise Drive, Rockford, IL 61109

  View Details
• 

  $237,000

  3,750 SF

  Three-Unit Residential Income Property

  Three well-maintained units offer varied bedroom and bath layouts, with updates including flooring, windows, and roof.

  2910 Chatham Ln., ROCKFORD, IL 61101

  View Details

FAQs

What type of property is this?

School - Historic 3.06-acre site with redevelopment potential in Rockford, Illinois.

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 $590,000.

What are key features of this property?

This property features: Large 3.06‑acre lot (133,294 sq ft) with **316 feet of frontage on high‑traffic 11th Street (22,000 vehicles daily).**; Exempt from real estate taxes.; Strategic location: 5.5 miles from Chicago Rockford International Airport and less than 0.5 miles from Business 20 Bypass.