$289,000

41XX Back St Loves Park, IL 61111

Estimated payment $1,832/month

Total Views 16,138
1.1 Acres
$262,727 Price per Acre
47,916 Sq Ft Lot

About This Lot

Prime Development Opportunity - Strategic Location with Multiple Incentives Exceptional parcel of land ideally positioned within a designated Enterprise Zone, Business Development District, and the E. Riverside/I-90 Overlay District. This highly visible and accessible site offers a rare combination of economic incentives, flexible development potential, and strategic connectivity. Located in a growth corridor with direct access to Interstate 90 and key arterial routes, the property benefits from strong traffic counts, excellent exposure, and proximity to established commercial users, hospitality, and regional amenities. Being situated within an Enterprise Zone may provide potential tax incentives and development benefits designed to encourage investment and job creation. The Business Development District designation further supports commercial growth, making this an ideal opportunity for office, hospitality, service-oriented, mixed-use or light industrial development. The E. Riverside/I-90 Overlay District enhances long-term value through coordinated planning, infrastructure improvements, and corridor-focused redevelopment initiatives. This site presents an outstanding opportunity for investors, developers, or owner-users seeking a location aligned with economic growth strategies and municipal support for business expansion.

Listing Agent

Teri Watts

Key Realty - Rockford Listed on: 02/23/2026

Key Realty - Rockford

Property Details

Property Type

  • Land

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 173.71x290
  • Property is zoned COMMR

Property Details

Property Type

Land

Lot Details

1.1 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Concrete
  • General Information: None
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby

Lot Info

  • Lot Size Acres: 1.1
  • Lot Dimensions: 173.71x290
  • Zoning: COMMR
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 5

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 48.68
  • Tax Year: 2024
  • Tax Exemptions: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 For Sale $289,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12575319

Midwest Real Estate Data (MRED)

APN: 12-03-277-021

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