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    Xx Northern Ave Rockford, IL 61107

    • Land
    For Sale
    View listing
    $820,596
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Xx Northern Ave

    Property type
    Land

    Description

    This exceptional commercial land parcel, located at 84XX Northern Ave, Rockford, IL 61107, presents a unique investment opportunity. Priced at $820,596, this fee simple property offers significant potential due to its prime location and high visibility. The lot boasts a land value of $12 per square foot. Situated off East State Street, it benefits from over 14,000 vehicles passing daily (VPD), ensuring substantial exposure for any development. This is one of four available lots, presenting the option to purchase individually or acquire all four for a larger-scale project. The property's proximity to the new Hard Rock Casino further enhances its desirability and potential for strong returns. The property's PIN is 1224328005. This is a rare opportunity to secure a well-positioned commercial land parcel in a rapidly developing area of Rockford, Winnebago County, Illinois. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.9541
    Latitude
    42.2738

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      Xxxx Northern Ave

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      0 Xxxx Northern Ave, Rockford, IL 61107
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      X Northern Ave

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      Xxx Northern Ave

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      0 Xxx Northern Ave, Rockford, IL 61107
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    • Value Estimation by Request

      Northern Ave

      Land
      0 Northern Ave, Rockford, IL 61107
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    Xx Northern Ave
    Rockford, IL 61107
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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
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