11679 N IL ROUTE 2

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11679 N IL ROUTE 2

Rockford, IL 61102
Asking Price
$150K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The land comprises 2.88 total acres of developable space.
  • Property is situated at 11679 N IL Route 2 in Rockford.
  • Asking price for the parcel is set at 150000 dollars.
  • Asset location provides access to key northern Illinois transit corridors.
  • The site supports various industrial or commercial development use cases.

What's Special

Development of this 2.88-acre parcel located at 11679 N IL Route 2 in Rockford, Illinois, provides a strategic path for industrial or commercial expansion within the region. Situated along a key transit corridor, the site benefits from established connectivity in the northern Illinois manufacturing and logistics corridor. The Rockford metropolitan area maintains a diverse economic base driven by aviation, healthcare, and distribution sectors, offering a stable environment for new projects. This land offers sufficient scale for users seeking to build custom facilities tailored to specific operational requirements. Given its positioning on Route 2, the property serves as a functional location for enterprises requiring reliable access to regional transportation networks. Investors and business owners looking for accessible acreage in an established suburban market will find this site suitable for a variety of development configurations, ranging from light industrial applications to commercial service centers, depending on local municipal requirements.

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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582

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