Property profile

4970 Baxter Rd Cherry Valley, IL 61016

OFF-MARKET
Commercial real estate
Property ID
US28-4866263
3,060 SF 9.49 ac lot Built 1998
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1998
Construction STEEL FRAME
Total area 3,060 SF
Lot 9.49 ac (413,384 SF)
Zoning code CG
APN 16-28-300-022
UPID US28-4866263

Cap rate & NOI

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

Location

4970 Baxter Rd Cherry Valley, IL 61016-5256
Cherry Valley metro Census 3705 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
$420k
Comparable Approach Comparable
$410k
Blend (final) Blend
$575k

Owner & transaction history

since 2025
Last sale
$575,000
5 recorded transactions
2025
$650,000
2024
$575,000
2022
$350,000
2016
Price N/A
1969
Price N/A

Zoning & alternative use

CG · Cherry Valley, IL
Zoning description

The CG commercial general district is established to accommodate a greater variety of goods and services than permitted in the CC district, and to provide appropriately located areas for commercial uses having features t…

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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