XXXX ROYAL OAKS Road

Rockford, IL
$ 500,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Terrific opportunity! 723' of prime Interstate I-90 FRONTAGE! And just 1 mile from the proposed new Hard Rock Casino!! Buildable, 5.4 acres in this premier location that is located in an 'Enterprise Zone' in Rockford. Adjacent land (20 acres) to the north and south also available with more I-90 frontage. Zoned C-1 and current use is farmland with incredibly low taxes. The current owner has a transferable variance for a tall sign on Interstate 90, for 30' above the travel lanes. The creek runs along part of the east side and the northeast corner of the parcel. Water and sewer at lot line as the property backs up to a condominium development. Endless possibilities: divisible, agreement for deed, seller financing, lease to buy, joint venture. One of the photos shows a proposed site plan for 5 8-unit condo buildings.

Land

  • Price
  • $ 500,000
  • Lot Size
  • 5.41 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Rockford
  • Taxes
  • $ 104
  • County
  • WINNEBAGO
  • Style
  • Agricultural
  • Area
  • Rockford
  • MLS#
  • 10981014
  • Zip
  • 61107
Listing Provided by: Dickerson & Nieman Realtors
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

City Rockford
County Winnebago
Current Use Agricultural
Days on Market 92
Directions STATE ST TO NORTH ON LYFORD AND WEST ON ROYAL OAKS
Elementary School District 205
High School District 205
MLS Area Rockford
Middle/Junior School District 205
Ownership Fee Simple
Possession Closing
Property Type Land
Property Type Land
Standard Status Active
Status Active
Street Name ROYAL OAKS
Tax Annual Amount 104
Tax Year 2019
Township Rockford
Utilities Electric Nearby, Sanitary Sewer, Water Nearby
Zoning COMMR

Interior Features

Street Suffix Road

Exterior Features

Frontage Length 723
Frontage Type Other
Lot Dimensions 723.39X723.37X327.18X328.34
Lot Size Acres 5.41
Road Surface Type None
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Loves Park, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/27/2021 Listed $500,000

Property vs Zip Code Average in 61107

Price
AVG $110K
$500K
Taxes
AVG $1,249
$104
Visits
AVG 102
32
Walkscore
AVG 24
6
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

XXXX ROYAL OAKS Road Rockford, IL is a Single Family Home for sale at $500000 and a lot size of 5.41 Acres Acre(s). XXXX ROYAL OAKS Road Rockford has 0 bedrooms, 0 baths . The property's zip code is 61107 which is in Rockford, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.