Charles St Rockford, IL 61108
- Retail properties
- 5.81 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Charles St
- Lot size
- 5.81 lot acres
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 5.81-acre property, located on Charles Street in Rockford, Illinois (zip code 61108), presents a unique investment opportunity. Situated in a prime location next to Menards on Perryville Road, this parcel boasts high visibility and accessibility, making it ideal for a variety of commercial uses. The property is zoned CG and offers significant development potential for retail or restaurant establishments. With a total land area of 253,084 square feet and a lot depth of 494 feet, this expansive site provides ample space for construction or expansion. The asking price is $595,000, translating to approximately $102,410 per acre. The property's single tenancy status offers flexibility for future development plans. Its strategic location within Winnebago County, Illinois, ensures convenient access to major transportation routes and a robust consumer base. The property's listing price per square foot is $2.35. This is a rare opportunity to acquire a substantial parcel of land in a thriving commercial area with significant upside potential. The APN is 12-34-426-010. Don't miss this chance to secure a prime location for your next venture.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.0304
- Latitude
- 42.2531
