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


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.
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 | Proposed Use | Retail |
| No. Lots | 2 | Total Lot Size | 29.22 AC |
| Property Type | Land | Cross Streets | S. Cherryvale Mall Drive |
| Property Subtype | Commercial | ||
| Zoning | CC | ||
| 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 | Lot Size | 8.29 AC |
| Price Per AC | $212,821.90 CAD |
| Price | $1,764,294 CAD |
| Price Per AC | $212,821.90 CAD |
| Lot Size | 8.29 AC |
Lot 2
| Price | $4,453,751 CAD | Lot Size | 20.93 AC |
| Price Per AC | $212,792.70 CAD |
| Price | $4,453,751 CAD |
| Price Per AC | $212,792.70 CAD |
| Lot Size | 20.93 AC |
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