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24XX West Riverside Boulevard, Rockford, IL 61103

BT
IL 475218195
$199,000
1 day on market
Updated 0 days ago

Prime Multifamily Development Site – N Rockton & W Riverside

Details
Property Type Land
Sub Type Commercial
Acreage 1.480

About This Property

Marketing description

Rare opportunity to acquire a highly visible 1.48-acre corner development site located at the signalized intersection of N Rockton Avenue and W Riverside Boulevard, one of Rockford's busiest commercial corridors. Positioned directly across from a Circle K convenience store and surrounded by established residential neighborhoods, retail businesses, restaurants, healthcare providers, and daily-service amenities, this site offers an exceptional location for multifamily development.

The property has received verbal support from the City of Rockford for the development of a two-story apartment complex consisting of 20 residential units. The proposed project features spacious 2-bedroom, 2-bathroom apartments, designed to meet the growing demand for quality workforce and market-rate housing in the area.

Architectural site plans and conceptual layouts have already been prepared and are available for review, providing developers with a strong foundation for moving the project forward.

The combination of a prime corner location, strong traffic counts, nearby amenities, and proposed multifamily density makes this property an attractive investment opportunity for developers seeking a well-positioned residential project in the Rockford market.

Buyer should independently verify zoning, development approvals, utility availability, density requirements, and all intended uses with the City of Rockford and other applicable governmental authorities.

Investment highlights

  • PIN: 1102302022
  • Approximately 1.48 acres
  • Prime corner location at N Rockton Ave & W Riverside Blvd
  • Directly across from Circle K
  • Verbal City support for multifamily development
  • Proposed 20-unit, two-story apartment complex
  • All units designed as 2-bedroom, 2-bathroom residences
  • Architectural site plans available
  • Excellent visibility and accessibility
  • Minutes from shopping, restaurants, healthcare facilities, schools, and major transportation routes
  • Strong demand for quality rental housing in the area

This is an outstanding opportunity to develop a thoughtfully designed multifamily community in one of Rockford's most established and accessible corridors.

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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