980 Highgrove Pl Rockford, IL 61108
- Land
- 4.23 lot acres
Current Use by Public Records
- Land
Property Details for 980 Highgrove Pl
- Lot size
- 4.23 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 4.23-acre lot presents a remarkable opportunity for commercial development in Rockford, Illinois. Located at 980 Highgrove Pl, 61108, this property boasts a highly desirable location within a dense residential area, offering excellent visibility and accessibility. Zoned for commercial use, the land is ideally suited for a variety of projects, including retail, office, light industrial, medical office buildings, or high-density residential developments. The asking price is $552,776, translating to $3 per square foot. Its strategic position just west of Perryville Road, a major north-south artery with over 20,000 vehicles daily, ensures high traffic exposure. Furthermore, its proximity to I-90, I-39, and US Bypass 20 provides easy access to major transportation routes. The location near Chicago Rockford International Airport, a rapidly expanding cargo airport, adds another layer of appeal. This property offers significant potential for investors seeking a high-traffic, well-connected location within a thriving community. Additional lots are available nearby, presenting opportunities for larger-scale projects. The high traffic counts on Perryville Road and its strategic location near major interstates make this a truly exceptional investment opportunity. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -88.9815
- Latitude
- 42.2645
