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Property profile & analytics

8060 State St Rockford, IL 61108-2700

  • Commercial land
  • 8.09 lot acres
OFF-MARKET
Last Sale
Mar 21, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1432623
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 8060 State St

Lot size
8.09 lot acres
Zone code
C3
Property type
Commercial land
APN
12-24-301-001
APU
1224301001

Description

This exceptional opportunity presents 1 to 4.22 acres of prime commercial land for sale in Rockford, Illinois, situated on East State Street, a thriving retail corridor experiencing significant growth. The property is zoned C3, allowing for a variety of commercial uses. This location boasts exceptional visibility and accessibility, with a new Hard Rock Casino slated to open in 2024 directly across the street, significantly enhancing the area's appeal and foot traffic. Further bolstering the site's desirability is its proximity to an AMC Showplace 16 movie theater and a recently opened QuikTrip gas station. The property benefits from convenient access to I-90, within five minutes, ensuring easy commutes for both employees and customers. The surrounding area demonstrates strong average household income and a substantial daytime population, creating a robust market for retail businesses. These 1-4.22 acre sites offer an unparalleled chance to establish a successful commercial venture in a rapidly developing retail hub. The property's strategic location and promising future make it an ideal investment for discerning buyers seeking high-growth potential. This is a rare opportunity to secure land in one of Rockford's most dynamic retail areas.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-88.9591
Latitude
42.273
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,705
$286,083
$0.00
$286,083
-
$858,249
$0.00
$858,249
More about this property
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