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100 E Quarry Rd
Rochelle, IL 61068
Industrial Property For Sale
Executive Summary
Illinois Broker of Record: Steven Weinstock
Marcus & Millichap
Steven.Weinstock@MarcusMillichap.com
Lic #: 471.011175
Marcus & Millichap, as exclusive advisor, is pleased to offer for sale a four-building industrial portfolio located at 324 Errett Rd, 100 E. Quarry Rd, 111 5th Ave & 500 N Caron Rd. in Rochelle, IL. This portfolio consists of four buildings on four parcels totaling approximately 252,638 square feet and sits on approximately 49.49 acres.
This portfolio provides an investor an attractive day one yield, while also providing additional upside through lease up as well as potential development opportunities.
324 Errett Rd is 100% occupied by Del Monte on a short-term lease.
100 E Quarry Rd is 100% occupied by Hickory Grove Alloys on a long-term lease.
111 5th Ave is approximately 25.1 acres with two buildings on the parcel. Building one is approximately 97,158 square feet and Building two is approximately 8,325 square feet with a total of seven tenants.
500 N Caron Rd is approximately 15.87 acres of vacant land, primed for new industrial development potential.
Marcus & Millichap
Steven.Weinstock@MarcusMillichap.com
Lic #: 471.011175
Marcus & Millichap, as exclusive advisor, is pleased to offer for sale a four-building industrial portfolio located at 324 Errett Rd, 100 E. Quarry Rd, 111 5th Ave & 500 N Caron Rd. in Rochelle, IL. This portfolio consists of four buildings on four parcels totaling approximately 252,638 square feet and sits on approximately 49.49 acres.
This portfolio provides an investor an attractive day one yield, while also providing additional upside through lease up as well as potential development opportunities.
324 Errett Rd is 100% occupied by Del Monte on a short-term lease.
100 E Quarry Rd is 100% occupied by Hickory Grove Alloys on a long-term lease.
111 5th Ave is approximately 25.1 acres with two buildings on the parcel. Building one is approximately 97,158 square feet and Building two is approximately 8,325 square feet with a total of seven tenants.
500 N Caron Rd is approximately 15.87 acres of vacant land, primed for new industrial development potential.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Bulk/Portfolio Sale | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Clear Ceiling Height | 24’ |
| Building Class | C | No. Dock-High Doors/Loading | 6 |
| Lot Size | 3.00 AC | No. Drive In / Grade-Level Doors | 6 |
| Rentable Building Area | 33,155 SF |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.00 AC |
| Rentable Building Area | 33,155 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 6 |
Amenities
- Bus Ducts
- Floor Drains
- Air Conditioning
Utilities
- Water - City Water
- Sewer - City Sewer
- Heating - Gas
Property Taxes
| Parcel Number | 25-30-177-001 | Improvements Assessment | $147,558 |
| Land Assessment | $10,000 | Total Assessment | $157,558 |
Property Taxes
Parcel Number
25-30-177-001
Land Assessment
$10,000
Improvements Assessment
$147,558
Total Assessment
$157,558
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