Property profile

1860 Bell School Rd Cherry Valley, IL 61016

OFF-MARKET
Office Spaces
Property ID
US28-1809785
8,606 SF 1 ac lot Built 1992
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1992
Construction STEEL FRAME
Total area 8,606 SF
Lot 1 ac (43,560 SF)
Zoning code CC
APN 12-35-251-008
UPID US28-1809785

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Physician

Location

1860 Bell School Rd Cherry Valley, IL 61016-9372
Cherry Valley metro Census 514 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$940k
Blend (final) Blend
$310k

Owner & transaction history

since 2011
7 recorded transactions
2011
$333,000
2011
Price N/A
2011
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Cherry Valley, IL
Zoning description

The CC commercial community district is established to accommodate a greater variety of goods and services than permitted in the CN district, including business establishments which serve a larger segment of the village…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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