903 Cunningham St Rockford, IL 61102-2802
Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Rockford, IL21-001-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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Rockford, IL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.