You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

903 Cunningham St Rockford, IL 61102-2802

OFF-MARKET Commercial real estate Google Maps
2,742 SF 0.15 ac lot Built 1930
Individually Owned 26-yr Hold Free & Clear
Estimated value (blended)
$230k
Range $207k – $253k (±10%)
Property ID US28-1775952

Property summary

AI-generated overview

This exceptional retail property at 903 Cunningham Street in Rockford, Illinois presents a remarkable investment opportunity. Spanning 2,794 square feet, this building boasts a highly desirable corner lot location and is zoned C2, offering a wide range of potential uses. The property has a rich history, having served as a successful convenience store for over five decades, establishing a strong foundation for future success. The building is being sold "as is," providing a blank canvas for a prospective buyer to customize and renovate to their specific needs and vision. The strategic corner location ensures high visibility and accessibility, making it an ideal site for a variety of retail businesses. Given its established history and prime location, this property represents a rare chance to acquire a well-positioned retail space in a thriving Rockford community. The substantial square footage offers ample room for a diverse range of retail operations, from a convenience store to a specialty shop or other commercial ventures. The C2 zoning allows for flexibility in potential uses, further enhancing the property's appeal to a broad spectrum of potential buyers. Serious inquiries are encouraged to explore the possibilities this unique property offers. The asking price of $115,000 makes this an attractive investment opportunity in the Rockford market. Don't miss this chance to own a piece of Rockford's commercial history and shape its future.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Construction WOOD
Total area 2,742 SF
Lot 0.15 ac (6,534 SF)
Zoning code C2
APN 11-27-127-009
UPID US28-1775952

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2000
1 recorded transaction
2000
$125,000

Zoning & alternative use

C2 · Rockford, IL
Zoning description

21-001-C. C-2, LIMITED COMMERCIAL DISTRICT 1. The purpose of the C-2, Limited Commercial district is to provide a wide range of development options for the retail sale of goods and for professional and commercial service…

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
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?”
You own 903 Cunningham St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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