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930 Phelps Avenue, Rockford, IL 61108

BT
IL 475218195
$220,000
1 day on market
Updated 0 days ago

4.06 Acres Residential Development Opportunity Rockford, IL

Details
Property Type Land
Sub Type Commercial
Acreage 4.060

About This Property

Marketing description

Outstanding residential development opportunity in Rockford, Illinois. This approximately 4.06-acre site is ideally suited for a community-oriented housing development, including workforce housing, senior housing, veteran (VA) housing, or other residential projects designed to serve the growing housing needs of the region.

A conceptual architectural design has already been prepared, featuring a mix of 2-bedroom, 2-bathroom and 3-bedroom, 2-bathroom residential units centered around a dedicated community center. The proposed layout promotes a strong sense of community while providing modern, comfortable living accommodations for residents.

Conveniently located within the City of Rockford, the property offers easy access to healthcare facilities, shopping, restaurants, pharmacies, public services, and major transportation corridors. The site's size and configuration provide flexibility for a variety of residential development concepts, making it an attractive opportunity for developers, nonprofit organizations, housing authorities, and veteran housing providers.

Buyer should independently verify zoning, development approvals, utility availability, and all intended uses with the appropriate governmental authorities.

Investment highlights

  • Approximately 4.06 acres
  • Ideal for Veteran (VA) Housing, senior housing, workforce housing, or community-based residential development
  • Conceptual architectural plans available
  • Mix of proposed 2-bedroom/2-bath and 3-bedroom/2-bath units
  • Planned community center to enhance resident services and engagement
  • Convenient access to retail, healthcare, dining, and transportation corridors
  • Strong potential to address local housing demand

This property presents a rare opportunity to develop a thoughtfully planned residential community in an established Rockford location.

Listing Contacts

BT
IL 475218195

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Additional Information

Name
BK Talukdar
License
475218195
Brokerage
Berkshire Hathaway HomeServices Crosby Starck Real Estate
Brokerage Phone
8153974040
Title
Real Estate Broker
Brokerage Address
551 North Mulford Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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