3218 11Th St Rockford, IL 61109

This exceptional redevelopment opportunity presents a 58,070 square foot, two-story vacant school building situated on a 3.06-acre lot (133,560 sq ft) in Rockford, Illinois. Built in 1923, the property boasts 316 feet of frontage on 11th Street, a high-traffic area with approximately 22,000 vehicles passing daily. Its convenient location is less than half a mile from the Business 20 Bypass and only 5.5 miles from the Chicago Rockford International Airport, placing it within a concentrated retail area. Currently zoned R1, the City of Rockford is open to rezoning applications, offering significant flexibility for adaptive reuse or redevelopment projects, including the possibility of demolition. The building, with a 10-foot ceiling height, includes all existing fixtures. The property is being sold "as is," and is currently exempt from real estate taxes. This is a unique chance to acquire a substantial property with significant potential for various uses, including residential, office, or community development. The asking price is $675,000. APN: 15-01-376-004.