Property profile

3218 11Th St Rockford, IL 61109

OFF-MARKET
Other specialty properties
Property ID
US28-5294623
58,070 SF Built 1923
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Property summary

AI-generated overview

Originally constructed in 1923 as a school, the property is located on a 3.06-acre (133,294 sq. ft.) site with 316 feet of frontage along 11th Street, a roadway with approximately 22,000 vehicles passing daily. It is positioned about 5.5 miles from Chicago Rockford International Airport and less than half a mile from the Business 20 Bypass, providing nearby access to regional routes. The existing structure is suited to adaptive reuse scenarios such as residential conversion, office use, or other community-focused uses, and it may also support new construction on the site. The property is currently zoned R1, and rezoning would be required for uses not permitted under the current classification; the site is considered intended for redevelopment and is offered with existing fixtures in place and as-is.

Property profile

Verified
Property type Other specialty properties
Year built 1923
Total area 58,070 SF
UPID US28-5294623

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
  • General Contractor
  • High School

Location

3218 11Th St Rockford, IL 61109
Rockford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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