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Property profile & analytics

1504 Riverside Blvd Loves Park, IL 61111

  • Commercial real estate
  • 3,286 SF
Value Estimation
$320,000
Location Intelligence
Property ID
US28-2374048
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1504 Riverside Blvd

Year built
1996
Construction
WOOD
Property size
3,286 SF
Zone code
CG
Property type
Commercial real estate
APN
12-05-176-029
APU
1205176029

Description

This exceptional retail storefront opportunity, located at 1504 E Riverside Blvd in Loves Park, Illinois, presents 10,671 square feet of vacant space within a larger 45,599 square foot building. The property, situated on 4.28 acres of land, boasts high visibility along two major thoroughfares in Loves Park's prime shopping district. Benefit from the substantial traffic volume, with approximately 40,000 vehicles passing daily through the intersection of Riverside Boulevard and Forest Hills Road. Built in 1974 and extensively renovated in 2021, this single-story building features a total of four suites and ample parking with 230 spaces. The property is zoned CG and is conveniently located just 2.5 miles from I-90, offering easy access and excellent building signage opportunities. This is an ideal location for businesses seeking high visibility and strong foot traffic in a thriving retail corridor. The property includes one building with a total of four suites. Winnebago County location provides access to a robust consumer base.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $280,000
  • CAP approach

    CAP return
    Estimation
    6%
    $415,000
    6.5%
    $370,000
    7%
    $410,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $405,000
    Geo Method
    $410,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $355,000
    Retail
    $380,000
    Mixed-Use
    $440,000
    Hospitality
    $365,000
    Educational
    $455,000
    Residential Income
    $435,000
    Energy
    $380,000
    Income-Based Land
    $355,000
    Food Service
    $380,000

Location Insight

  • Map
  • Local Demand
City
Loves Park
County
Winnebago
State
Illinois
Longitude
-89.0345
Latitude
42.3188
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,826
$58,556
$94,555
$153,111
-
$175,668
$283,665
$459,333
More about this property
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