Property profile

306 State St Cherry Valley, IL 61016

OFF-MARKET
Commercial real estate
Property ID
US28-5712023
2,952 SF 0.24 ac lot Built 1900
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 2,952 SF
Lot 0.24 ac (10,454 SF)
Zoning code CC
APN 16-01-133-006
UPID US28-5712023

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
  • (Bike/Boat/Book/etc) Store

Location

306 State St Cherry Valley, IL 61016-9294
Cherry Valley metro Census 3705 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2007
4 recorded transactions
2019
Price N/A
2007
$127,000
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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