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West State St - Springfield Corners 45 Acres of Commercial Land Offered at $1,800,000 in Rockford, IL 61102
Investment Highlights
- West Rockford Gateway opportunity
- Underserved market and nearby large employers
- Enterprise Zone Incentives available
Property Facts
| Price | $1,800,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Total Lot Size | 45.00 AC |
| No. Lots | 1 | Cross Streets | Springfield Avenue |
| Zoning | Commercial | ||
| Price | $1,800,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 45.00 AC |
| Cross Streets | Springfield Avenue |
| Zoning | Commercial |
1 Lot Available
Lot
| Price | $1,800,000 | Lot Size | 45.00 AC |
| Price Per AC | $40,000.00 |
| Price | $1,800,000 |
| Price Per AC | $40,000.00 |
| Lot Size | 45.00 AC |
Springfield Corners is a prime development opportunity situated approximately 6 miles north of Chicago Rockford International Airport. Consisting of 45 acres of developable land currently zoned commercial with utilities on site.
Description
Springfield Corners is a development-ready commercial site serving Rockford’s West Side market. The property is located six miles north of the Chicago Rockford International Airport (24/7 operations; 8,000 employees) and two miles north of two additional major employers totaling 1,300 employees along the US-20 Bypass. Traffic counts average 25,000 ADT, and the location draws from an 87,900-person population within 10 minutes. Situated at West State Street (Business 20) and Springfield Avenue, the site functions as Rockford’s western gateway and serves multi-county demand from Winnebago, Stephenson, and Ogle counties. Utilities are present at the site, and Enterprise Zone incentives provide opportunities to reduce development and construction costs.
