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14742 IL RT 64 10,500 SF Industrial Building Rochelle, IL 61068 For Sale
Investment Highlights
- Excellent Route 64 frontage with convenient regional access
- Ideal opportunity for an owner-user or investor
- Attached house features a completed kitchen and extensive interior improvements
- Spacious shop with improved second-floor area,new doors,painting and stair repairs
- Versatile commercial property with shop and attached resodential space
- Ideal Property for Truck Repair & Service Operations
Executive Summary
The property has benefited from substantial recent improvements to both the commercial shop and the attached residential house.
Shop Improvements:
* Improvements completed to previously unfinished second-floor walls
* New doors installed
* Interior painting completed
* Stairs repaired
* Closet doors installed
House Improvements:
* Kitchen completed
* Majority of interior painting completed
* The house was previously approximately 65% unfinished, and significant work has since been completed throughout the residence
Property Expenses / Financial Information:
* Insurance: Approximately $6,000 annually
* Utilities: Approximately $2,000–$3,000 per month
* Existing loan payment: Approximately $11,000 per month
* 2025 figure provided by ownership: Approximately $47,000
Property offers a combination of commercial shop space and an attached residential component, with substantial improvements already completed. Additional property and financial information available upon request.
Shop Improvements:
* Improvements completed to previously unfinished second-floor walls
* New doors installed
* Interior painting completed
* Stairs repaired
* Closet doors installed
House Improvements:
* Kitchen completed
* Majority of interior painting completed
* The house was previously approximately 65% unfinished, and significant work has since been completed throughout the residence
Property Expenses / Financial Information:
* Insurance: Approximately $6,000 annually
* Utilities: Approximately $2,000–$3,000 per month
* Existing loan payment: Approximately $11,000 per month
* 2025 figure provided by ownership: Approximately $47,000
Property offers a combination of commercial shop space and an attached residential component, with substantial improvements already completed. Additional property and financial information available upon request.
Property Facts
Amenities
- Floor Drains
- Signage
- Wheelchair Accessible
- Yard
- Storage Space
Utilities
- Lighting
- Water
- Sewer
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 18-24-400-004 | Improvements Assessment | $561,298 |
| Land Assessment | $19,007 | Total Assessment | $580,305 |
Property Taxes
Parcel Number
18-24-400-004
Land Assessment
$19,007
Improvements Assessment
$561,298
Total Assessment
$580,305
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14742 IL RT 64