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1818 Elmwood Rd
Rockford, IL 61103
Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Excellent investment opportunity with long-term tenant.
  • Updated office renovation in major tenant's space.
  • New LED Lighting

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Showroom
Building Class B
Lot Size 13.46 AC
Rentable Building Area 323,855 SF
No. Stories 1
Year Built/Renovated 1969/2020
Parking Ratio 1.15/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 10
No. Drive In / Grade-Level Doors 2
Zoning IL - Light Industrial

AMENITIES

  • Security System
  • Skylights
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

ABOUT 1818 ELMWOOD RD , ROCKFORD, IL 61103

EXCELLENT LOCATION IN ESTABLISHED INDUSTRIAL PARK. Very well maintained industrial building located in North Rock Industrial Park including 322,951 SF building with approximately 18,000 SF of office, lunch room, 12 docks, 2 overhead doors, 5 drive up docs, 3 phase 3000 amp 4802/277 electrical service. Well established tenant with a long term lease and recently signed a 10 year extension with escalating rents over the extension period. plus two additional tenants. One space is available for lease in Suite 4, giving any buyer upside income potential. Site Description: The site has 13.46 acres, located at the southeast corner of Elmwood Road and Shepherd Trail, Rockford, IL. The land is primarily flat with minimal sloping away from the building for adequate water run off. The building is set back from the road and the remainder of the land is utilized for ingress, egress and parking. Area Description: The property is located in Northrock Industrial Park, which is centrally located within Winnebago County, on the Northwest tip of Rockford. The area contains approximately 20 industrial, manufacturing, warehousing and storage facilities, being consistent with the highest and best use of the subject's area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-36-302-001
Land Assessment
$344,478
Improvements Assessment
$1,809,442
Total Assessment
$2,153,920
  • Listing ID: 18716732

  • Date on Market: 3/2/2020

  • Last Updated:

  • Address: 1818 Elmwood Rd, Rockford, IL 61103

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