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1815 Business 20 - 62 AC - Commercial / Multi-Family Ready

62 Acres of Commercial Land Offered at $1,200,000 in Belvidere, IL 61008

Investment Highlights

  • 46 acre bulk land site
  • Currently taxed agricultural
  • Close proximity to dining/shopping/grocery/banking
  • Shovel ready; Services on site
  • Belvidere/Boone County address
  • Close proximity to I-90

Executive Summary

62 acres fronting Business Rte 20 in Boone County between Rockford and Belvidere, IL. Shovel ready - services on site. Near the new Hard Rock Casino Rockford site (breaking ground 2023) and adjacent to newer 3 and 4 unit luxury condos, single family and single family estate developments. Ideal uses include multi-family, commercial or mix.
Belvidere/Boone County is an eastern collar community to Rockford, IL along the I-90 corridor. Site is in close proximity to a wide variety of dining, retail and services and two full I-90 interchanges. A pro-development environment, high quality of life, low cost of living and being approximately an hour from Milwaukee and Chicago make the market attractive to residents and business alike.

Property Facts

Price $1,200,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Apartment Units
  • Apartment Units - Condo
  • Office Park
Total Lot Size 62.00 AC

1 Lot Available

Lot

Price $1,200,000
Price Per AC $19,354.84
Lot Size 62.00 AC

zoning

Zoning Code Ag
Ag
  • Listing ID: 3835823

  • Date on Market: 2/5/2015

  • Last Updated:

  • Address: 1815 Business 20, Belvidere, IL 61008

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