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23XX S Bell School Rd
Cherry Valley, IL 61112
Cherry Vale Mall Parcel 1 · Land For Sale · 29.22 AC

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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

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
Zoning CC

2 LOTS AVAILABLE

Lot 1

Price $1,764,294 CAD
Price Per AC $212,821.90 CAD
Lot Size 8.29 AC

Lot 2

Price $4,453,751 CAD
Price Per AC $212,792.70 CAD
Lot Size 20.93 AC
  • Listing ID: 8817575

  • Date on Market: 2006-12-28

  • Last Updated:

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

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