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- LoopNet Team
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
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
| Parcel Number | 07-36-302-001 | Improvements Assessment | $1,809,442 |
| Land Assessment | $344,478 | Total Assessment | $2,153,920 |
PROPERTY TAXES
Listing ID: 18716732
Date on Market: 3/2/2020
Last Updated:
Address: 1818 Elmwood Rd, Rockford, IL 61103
The Outer Northwest Rockford Industrial Property at 1818 Elmwood Rd, Rockford, IL 61103 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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