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    Baxter Rd Cherry Valley, IL 61016

    • Land
    • 60.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Baxter Rd

    Lot size
    60.25 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 60.25-acre industrial land parcel, known as The Cook Farm, presents a significant investment opportunity in Cherry Valley, Illinois. Located in Winnebago County, this property boasts approximately 5/32 of a mile of road frontage on Baxter Road, providing excellent accessibility. Its strategic location offers proximity to major transportation arteries, including Interstate 39/US Route 51 (1/4 mile west), US Route 20 (3 3/4 miles north), and Illinois Route 72 (4 miles south). The Cook Farm is conveniently situated approximately 58 miles northwest of Chicago O'Hare International Airport and is within the village of Cherry Valley, with nearby towns including New Milford, Monroe Center, and Rockford. The property's legal description identifies it as part of the Northwest Quarter of Section 33, Township 43 North Range 2 East (Rockford Township). According to the Winnebago County Assessor's Office, the total acreage is 60.25 acres, with approximately 60.83 tillable acres per the Winnebago County FSA. The land features level to gently rolling topography and predominantly Backbone loamy sand and Rockton and Dodgeville soils. All mineral rights owned by the seller are included in the sale. The property is zoned IL - Industrial Light, permitting uses such as production, processing, servicing, repair, storage, public and community services, accessory uses, warehousing, and wholesaling, subject to Village of Cherry Valley approval. The 2023 real estate taxes totaled $1,423.94 (tax parcel #16-33-100-013). The asking price is $1,801,475, and a cash sale is preferred, with a 10% earnest money deposit required with any offer. Mortgage financing options are available. Possession will be granted at closing. Numerous grain markets are located within a 15-mile radius.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Valley
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0165
    Latitude
    42.166

    Comparable in this City

    • Value Estimation by Request
      142.00 Acres

      46 Us-20

      Farms • 142.00 Acres
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    • Value Estimation by Request
      1,500,000 SF

      I-39 And Baxter Rd

      Land • 1,500,000 SF
      I-39 And Baxter Rd, Rockford, IL 61016
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    • Value Estimation by Request
      20.00 Acres

      350 Us-20

      Farms • 20.00 Acres
      350 Us-20, Cherry Valley, IL 61016
      View Details
    • Value Estimation by Request
      140.00 Acres

      I-39 And Baxter Rd

      Land • 500,000 SF
      I-39 And Baxter Rd, Rockford, IL 61016
      View Details
    • Value Estimation
      $845,000
      37,584 SF

      7770 Ceroni Rd

      INDUSTRIAL (GENERAL) • 37,584 SF
      7770 Ceroni Rd, Cherry Valley, IL 61016-2300
      View Details
    • Value Estimation by Request
      675,270 SF

      5th Baxter Rd

      INDUSTRIAL (GENERAL) • 675,270 SF
      5th Baxter Rd, Cherry Valley, IL 61016
      View Details

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    Cherry Valley, IL 61016
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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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