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Investment Highlights
- Located in the exclusive I-39 Corridor submarket
- Two docks, two drive-in doors, and 16’ clear height
- Minutes from I-90 and three major airports
- ±20,000 SF of office space within a 34,040 SF facility
- Enterprise Zone benefits and 0% municipal property tax
Executive Summary
Positioned in the heart of the I-39 Corridor submarket, 6212 Material Ave offers a rare opportunity to acquire a fully stabilized, high-image industrial facility in Loves Park, Illinois. This 34,040 SF manufacturing and distribution asset includes approximately 20,000 SF of office space and sits on 1.83 acres, providing ample room for operations and future expansion.
The property features two loading docks, two drive-in doors, 16-foot clear heights, and a fully sprinklered interior, making it ideal for heavy manufacturing or logistics operations. With ample car parking and a lease in place through February 2026, investors benefit from immediate income and long-term upside.
Loves Park is a business-friendly municipality offering 0% municipal property tax, seven TIF districts, and an Enterprise Zone partnership with the State of Illinois that forgives sales tax on fixed materials for new construction. The city’s streamlined development process supports projects from zoning to ribbon cutting, making it an attractive environment for industrial growth.
Strategically located just 3.9 miles from I-90, the property provides direct access to major transportation arteries. It’s within 60 minutes of Chicago O’Hare, 75 minutes to Milwaukee Mitchell, and only 15 minutes from Rockford-Chicago International Airport—the fastest-growing cargo airport in the world.
Surrounded by major corporations like Costco, Woodward, Mondelez International, and Danfoss, this asset is situated in a historically low-vacancy submarket with rising rental rates and strong absorption trends. The I-39 Corridor recorded a 0.6% vacancy rate and an 11.5% YOY increase in rental rates as of Q2 2024.
The property features two loading docks, two drive-in doors, 16-foot clear heights, and a fully sprinklered interior, making it ideal for heavy manufacturing or logistics operations. With ample car parking and a lease in place through February 2026, investors benefit from immediate income and long-term upside.
Loves Park is a business-friendly municipality offering 0% municipal property tax, seven TIF districts, and an Enterprise Zone partnership with the State of Illinois that forgives sales tax on fixed materials for new construction. The city’s streamlined development process supports projects from zoning to ribbon cutting, making it an attractive environment for industrial growth.
Strategically located just 3.9 miles from I-90, the property provides direct access to major transportation arteries. It’s within 60 minutes of Chicago O’Hare, 75 minutes to Milwaukee Mitchell, and only 15 minutes from Rockford-Chicago International Airport—the fastest-growing cargo airport in the world.
Surrounded by major corporations like Costco, Woodward, Mondelez International, and Danfoss, this asset is situated in a historically low-vacancy submarket with rising rental rates and strong absorption trends. The I-39 Corridor recorded a 0.6% vacancy rate and an 11.5% YOY increase in rental rates as of Q2 2024.
Property Facts
| Price | $2,042,400 | Rentable Building Area | 34,040 SF |
| Price Per SF | $60 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1964 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.83 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | IL | ||
| Price | $2,042,400 |
| Price Per SF | $60 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.83 AC |
| Rentable Building Area | 34,040 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Tenancy | Single |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | IL |
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Property Taxes
| Parcel Number | 12-05-101-003 | Improvements Assessment | $229,520 |
| Land Assessment | $36,185 | Total Assessment | $265,705 |
Property Taxes
Parcel Number
12-05-101-003
Land Assessment
$36,185
Improvements Assessment
$229,520
Total Assessment
$265,705
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