251 N & Rochelle, IL 61068
This exceptional 107.03-acre property presents a unique development opportunity in Rochelle, Illinois. Strategically located east of Route 251 (N 7th St) and south of Flagg Street in Winnebago County (zip code 61068), this expansive parcel boasts multiple PIN numbers and is offered subject to offer. The land is zoned for a variety of uses, including R5 Multi-Family High Density Residential District, R3 Single Family High Density Residential District, and B2 Commercial Highway District, providing flexibility for diverse development plans. Benefit from low Ogle County taxes and excellent accessibility. High traffic counts ensure strong visibility and potential for commercial success: 14,800 vehicles daily on Route 251 and 5,900 vehicles daily on East Flagg Street. Convenient access to I-88 via 7th Street further enhances its strategic location. This substantial land holding offers significant potential for developers seeking a prime location with diverse zoning options and attractive tax benefits. Detailed information and further specifics are available upon request. Don't miss this opportunity to acquire a substantial parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.