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    Riverside Blvd & Joesten Dr Loves Park, IL 61111

    For Sale
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    Loves Park, IL Retail Land for Sale

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Exceptional retail land investment opportunity in Loves Park, Illinois. These four proposed outlots, ranging from 0.71 to 1.32 acres, are zoned CR – Retail Commercial District and boast prime visibility near the I-90/E. Riverside Blvd. interchange. Outlots offer significant square footage, ranging from approximately 31,065 square feet to 57,691 square feet. The location benefits from proximity to a new $400 million hospital, additional regional medical development, and a new Costco, ensuring high traffic and strong consumer presence. This rapidly growing retail corridor provides convenient access to I-90 and the greater Rockford market, making it an ideal location for businesses seeking high visibility and strong consumer demographics. The property's strategic location and substantial size present a compelling investment opportunity for developers and retailers alike. This is a rare chance to secure a prominent position in a thriving commercial area with excellent access and strong surrounding development. Detailed site plans and specifications are available upon request.

    Property Features for 0 Riverside Blvd & Joesten Dr

    General Information

    Property type
    Land
    Lot Size
    30,928 SF

    HighLights

    • Proposed Outlot #1: 1.30 acres (56,717.82 SF)
    • Proposed Outlot #2: 1.32 acres (57,691.64 SF)
    • Proposed Outlot #3: 0.713 acres (31,065 SF)
    • Proposed Outlot #4: 0.713 acres (31,065 SF)
    • Zoned CR - Retail Commercial District
    • Located near I‑90/E. Riverside Blvd. interchange
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Loves Park
    County
    Boone/Winnebago
    State
    Illinois
    Longitude
    -88.9892448
    Latitude
    42.3402012

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    FAQs

    What type of property is this?
    Land - Loves Park, IL Retail Land for Sale
    Where is this land located?
    The property is located at Riverside Blvd & Joesten Dr Loves Park, IL.
    What are key features of this property?
    This property features: Proposed Outlot #1: 1.30 acres (56,717.82 SF); Proposed Outlot #2: 1.32 acres (57,691.64 SF); Proposed Outlot #3: 0.713 acres (31,065 SF)
    (815) 218-3438
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    Riverside Blvd & Joesten Dr Loves Park, IL 61111
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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
    Riverside Blvd & Joesten Dr Loves Park, IL 61111
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