Property profile

7310 East Riverside Blvd Loves Park, IL 61111

FOR LEASE
Commercial land
Property ID
US28-1303906
2.98 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial real estate opportunity presents multiple retail outlots for sale in Loves Park, Illinois, ranging from 0.71 to 3.05 acres. Located at 7310 E Riverside Blvd, these properties boast a strategic position just west of the I-90/E. Riverside Blvd interchange, providing unparalleled access to the greater Rockford market. The lots are zoned CR (Retail Commercial District), offering flexibility for a variety of retail uses. Building sizes range from 31,065 to 132,768 square feet, catering to diverse development needs. This thriving retail corridor benefits from proximity to a new $400 million hospital, additional regional medical development, and a new Costco, ensuring high visibility and strong potential for growth. Lots 1-4 are directly adjacent to the west side of Blain's Farm & Fleet, benefiting from established retail synergy. Easy access to E. Riverside Blvd via Kings Acres Dr. further enhances convenience. The surrounding area features a mix of retail, office, light industrial, and storage facilities, creating a dynamic and diverse commercial landscape. This is an ideal investment opportunity for developers seeking high-traffic locations with significant growth potential in a rapidly expanding area. The property's prime location and zoning make it an attractive proposition for businesses seeking to establish a strong presence in the Loves Park market. The flexible lot sizes and building potential allow for a wide range of development possibilities, making this an exceptional opportunity for investors and developers alike.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.98 ac (129,809 SF)
Zoning code IL_CR
APN 12-02-177-003
UPID US28-1303906

Cap rate & NOI

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

Location

7310 East Riverside Blvd Loves Park, IL 61111
Loves Park metro Census 3810 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.05M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.05M

Owner & transaction history

since 2024
Last sale
$1.0M
3 recorded transactions
2024
$1.0M
2023
Price N/A
2023
$1.6M

Zoning & alternative use

IL_CR · Loves Park, IL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message