3123 Alpine RdRockford, IL 61109

  • Commercial real estate
  • 5,400 SF
For Sale

Property Details for 3123 Alpine Rd

Year built
1991
Lot size
0.62 AC
Property size (Sq ft)
5,400 SF
Zone code
C2
Property type
Commercial real estate
APN
16-05-328-020
APU
1605328020

Description

This exceptional 2.63-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Located at 3123 South Alpine Road, this property boasts a highly desirable C2 zoning designation, opening doors to a variety of commercial uses. Its prime location along South Alpine Road ensures excellent visibility and accessibility, with high traffic counts providing significant exposure for any business. The site is strategically positioned near key employers such as UTC Aerospace Systems, and within close proximity to established industrial parks including Southrock and Strenstrom, guaranteeing a robust customer base. Less than ten minutes from the I-39/I-90 interchange, this property offers unparalleled convenience for both employees and customers. The expansive lot size provides ample space for development, making it ideal for a restaurant, retail establishment, or other commercial ventures. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving area of Rockford, Winnebago County, Illinois, zip code 61109. The property's address is verified as 3123 South Alpine Road.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,116,039
    Hospitality
    $1,022,286
    Educational
    $850,530
    Medical
    $879,781
    Retail
    $1,323,046
3123 Alpine Rd, Rockford, Illinois

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.2287
Longitude
-89.0295
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,304
$29,111
$68,984
$98,095
-
$87,333
$206,952
$294,285

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