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24XX W Riverside blvd 2.63 Acres of Commercial Land Offered at $94,500 in Rockford, IL 61103
Investment Highlights
- Prime corner location at the signalized intersection of N. Rockton Avenue and W. Riverside Boulevard.
- Approximately 1.48-acre parcel with potential for multifamily or commercial development.
- High-visibility corridor with strong traffic counts and direct access to key arterial roads.
- Zoning classified as C1, allowing low-intensity office and neighborhood-oriented retail services.
- Nearby utilities and robust infrastructure support redevelopment readiness.
- Verbal city support and conceptual plans available for a 20-unit multifamily project.
Executive Summary
This highly visible corner parcel at N. Rockton Avenue and W. Riverside Boulevard offers a unique development opportunity in one of Rockford’s most active commercial corridors. Spanning approximately 1.48 acres, the site benefits from a signalized intersection and strong traffic counts, ensuring accessibility and long-term viability for new construction.
Positioned across from a Circle K and surrounded by retail, healthcare services, dining, and established neighborhoods, the location supports diverse development potential. Current zoning (C1) accommodates low-intensity office use and small-scale commercial services, while recent discussions indicate verbal support for multifamily use, including conceptual plans for a 20-unit, two-story apartment project with two-bedroom layouts.
City incentive programs and proximity to major transportation routes further enhance this property’s investment profile, creating opportunities for retail, office, or a thoughtfully designed residential community. With utilities nearby and excellent corridor connectivity, developers can leverage both municipal backing and market demand for workforce and market-rate housing.
Positioned across from a Circle K and surrounded by retail, healthcare services, dining, and established neighborhoods, the location supports diverse development potential. Current zoning (C1) accommodates low-intensity office use and small-scale commercial services, while recent discussions indicate verbal support for multifamily use, including conceptual plans for a 20-unit, two-story apartment project with two-bedroom layouts.
City incentive programs and proximity to major transportation routes further enhance this property’s investment profile, creating opportunities for retail, office, or a thoughtfully designed residential community. With utilities nearby and excellent corridor connectivity, developers can leverage both municipal backing and market demand for workforce and market-rate housing.
Property Facts
| Price | $94,500 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.63 AC |
| Property Type | Land | Cross Streets | Rockton Ave |
| Zoning | C1 - low-intensity office development and small-scale, neighborhood-oriented retail services | ||
| Price | $94,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.63 AC |
| Cross Streets | Rockton Ave |
| Zoning | C1 - low-intensity office development and small-scale, neighborhood-oriented retail services |
1 Lot Available
Lot
| Price | $94,500 | Lot Size | 2.63 AC |
| Price Per AC | $35,931.56 |
| Price | $94,500 |
| Price Per AC | $35,931.56 |
| Lot Size | 2.63 AC |
Prime 2.65-acre sitewith high visibility on RiversideBlvd. Ideal for commercial development or a premier location for multi-family housing. Take advantage of multiple City of Rockford incentive programs designed to support residential development.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 11-02-302-008 | Improvements Assessment | $0 |
| Land Assessment | $38,957 | Total Assessment | $38,957 |
Property Taxes
Parcel Number
11-02-302-008
Land Assessment
$38,957
Improvements Assessment
$0
Total Assessment
$38,957
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24XX W Riverside blvd
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