Property Description

Step into a rare redevelopment opportunity where history, scale, and location come together to create something truly special. Originally built in 1923 as a school, this iconic property is rich with character and ready for its next chapter. From inspired residential conversions to dynamic office space or a community-driven destination, the versatility here invites big ideas and bold vision.Set on an expansive 3.06-acre site with an impressive 316 feet of frontage along high-traffic 11th Street, the property delivers outstanding visibility???benefiting from approximately 22,000 vehicles passing daily. Its strategic location places this property just 5.5 miles from Chicago Rockford International Airport and less than half a mile from the Business 20 Bypass, offering seamless access and connectivity.Currently zoned R1, the City of Rockford may be open to rezoning, further enhancing the development potential. Adding to the appeal, the property is exempt from real estate taxes???a meaningful advantage as you plan and execute your vision.Offered as-is and inclusive of all existing fixtures, the site provides flexibility to either reimagine the historic structure or start anew. With a generous 133,294 square-foot lot and a highly visible location, this is a true blank canvas poised for transformation.Opportunities like this are rare. Bring your vision, unlock the potential, and shape the future of this remarkable site. The next great project starts here.Tax Exempt property. No real estate taxes.

Property Features