LOTS ON 11TH STREET & HARRISON AVE

Vacant Land for Sale
Catylist Listing ID: 30138321
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 0.47 - 2.60 Acres
Sale Price: $1,100,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 3/16/2020

Overview / Comments

THIS PROPERTY IS BEING REDEVELOPED ALONG WITH THE UPCOMING COMPLETE RECONSTRUCTION OF HARRISON AVE FROM 20TH STREET TO 9TH STREET. ALL BUILDINGS HAVE BEEN TORN DOWN AND THE SITE CLEANED UP IN CONJUCTION WITH THE CITY OF ROCKFORD, LOOKING TO GET THIS AREA REDEVELOPED. THE PLAT HAS NOT BEEN FINALIZED SO THERE ARE MANY OPTIONS.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1501126007
Zoning: OPEN WITH CITY OF ROCKFORD
Property Visibility: Excellent
Legal Description: LOTS 13 THRU 17, LOTS19 THRU 24, LOT 100 THRU 108, PART OF LOTS 18 THRU 25 CITY OF ROCKFORD.
Largest Nearby Street: HWY 251 (CALLED 11TH STREET)
Feet of Frontage: 451
Highway Access: JUST NORTH OF BYPASS 20 (HWY 20)
Airports: VERY CLOSE TO CHICAGO-ROCKFORD AIRPORT
Site Description: 251 X 451 APPROX 2.6 ACRES THE PRELIMINARY PLAT SHOWS 3 LOTS BUT IT COULD BE CHANGED TO ACCOMMODATE A BUYER
Area Description: HWY 251 NOTH OF THE INTERSECT WITH BY-PASS 20 TO FREEPORT AND I-90 AND I-39
Lot Frontage: 451
Lot Depth: 252
Zoning Description: THE CITY WILL WORK WITH THE PURCHASER
Development Name: REDEVELOPMENT OF THE OLD PUMP HANDLE INN
Topography: Level
Easements: Electric Lines, Utilities
Easements Description: ON THE EXTERIOR SIDE OF THE PROPERTY
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,914 89,670 166,170
Median Age: 33.35 34.4 36.98
Households: 4,554 35,132 65,145

Contact

Photograph of Listing Agent

Steve Clark, CCIM,SIOR

DICKERSON NIEMAN COMMERCIAL CMCPEX Member
Photograph of Listing Agent

Robert W Stenstrom

Stenstrom Real Estate CMCPEX Member
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