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$ 289,000
Est. payment /mo
Active
41XX Back ST Loves Park, IL 61111
1.1 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12575319
Annual Tax Amount $48
Tax Year 2024
Lot Size 1.100 Acres
Lot Dimensions 173.71x290
Property Sub-Type Land
Property Description
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.
Location
State IL
County Winnebago
Area Loves Park
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby
Building
Dwelling Type Land
Schools
School District 122 , 122, 122
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Teri Watts of Key Realty - Rockford