River Street

Vacant Land for Sale
Catylist Listing ID: 30438948
Property Subtypes: Hospitality, Office, Residential (Single Family), Retail
Gross Land Area: 1.83 Acres
Sale Price: $250,000
Unit Price: $136,612 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/18/2020

Overview / Comments

Commercial building site that currently has a three bedroom two bath home built in 1880 is located on 1.83 acres zoned commercial retail. With over 450 feet of road frontage with high traffic count on IL 251. This property has countless commercial possibilities. Or if you're simply looking for a little piece of country to hang your hat this quaint home with old world charm won't disappoint. The home is currently rented to long term tenants for $1000 a month.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $4,189 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Winnebago
Tax ID/APN: 0433376003
Zoning: COMMERCIAL
Property Visibility: Excellent
Legal Description: Roscoe Road to Main Street N to River W to PIQ
Largest Nearby Street: IL 251
Feet of Frontage: 450
Airports: Chicago-Rockford International
Site Description: Property borders IL 251 current access is from River Street
Area Description: Mixed use
Lot Frontage: 450
Lot Depth: Irregular
Zoning Description: Commercial retail
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,606 33,758 58,909
Median Age: 41.56 40.08 39.49
Households: 648 12,363 21,859

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