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23XX S Bell School Rd - Cherry Vale Mall Parcel 1

8.29 - 20.93 Acre Commercial Land Lots Offered at $1,263,893 - $3,190,549 Per Lot in Cherry Valley, IL 61112

Executive Summary

https://ricklevin.com/lots/1363
Rockford, IL Real Estate Auctions, Deadline October 14, 2021
There are five lots of commercial land surrounding Cherry Vale Mall. Parcels 1 and 2 are zoned CC, while Parcels 3, 4 and 5 are zoned CG in Cherry Valley. These lots are to the south and east sides of the largest regional mall in the area. Located near I-90/I-39 and US Route 20. It is a high-traffic location with solid demographics. Cherry Vale experiences steady traffic from residents and visitors throughout the Rock River Valley. The Cherry Valley property taxes are 20% below Rockford rates.
Parcel 1 is 8.29 acres and $3.50 per sqft.
Parcel 2 is 20.93 acres and $3.50 per sqft.
Parcel 3 is 1.21 acres and $4 per sqft.
Parcel 4 is 0.97 acres and $4 per sqft.
Parcel 5 is 0.84 acres and $4 per sqft.

Property Facts

Price $1,263,893 - $4,454,442
Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 29.22 AC
Cross Streets S. Cherryvale Mall Drive

2 Lots Available

Lot 1

Price $1,263,893
Price Per AC $152,460
Lot Size 8.29 AC

Lot 2

Price $3,190,549
Price Per AC $152,439
Lot Size 20.93 AC

zoning

Zoning Code CC
CC
  • Listing ID: 8817575

  • Date on Market: 12/28/2006

  • Last Updated:

  • Address: 23XX S Bell School Rd, Cherry Valley, IL 61112

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