727 1st Ave 21,796 SF 100% Leased Industrial Building Rockford, IL 61104 $1,415,000 ($64.92/SF)

Located along a highly visible commercial corridor with approximately 15,000 vehicles per day, this substantial industrial/commercial property offers a rare combination of size, functionality, recent capital improvements, and flexible occupancy options. Situated on over one acre, the all-brick building contains approximately 21,796 square feet and is zoned C-4, allowing for a wide variety of commercial, industrial, retail, warehouse, service, and mixed-use business applications.
Strategically positioned with convenient access to major transportation routes, the property benefits from close proximity to Chicago Rockford International Airport, Interstate 39, Interstate 90, U.S. Route 20, and key commercial corridors throughout the Rockford market, providing strong regional connectivity for industrial, logistics, contractor, and service-related operations.
Originally known as the Koch Upholstery Building, the property features 15-foot ceiling heights, four overhead doors, 3-phase electrical service in one area, three Modine heaters, and three-and-one-half bathrooms. The site also benefits from a large on-site parking area with extensive recent pavement improvements.
The current ownership has completed significant capital upgrades, including a full tear-off and replacement roof in 2024, a new owned solar package installed in 2023, removal and replacement of approximately 26,000 square feet of asphalt pavement, and repair/seal coating of an additional approximately 27,000 square feet of existing pavement.
The property is currently occupied by a diverse mix of month-to-month tenants, including Rockford Patriots Boxing Club, an electrical contractor, and owner-occupied space, while Rock River Valley Blood Center operates under lease.
This offering presents a unique opportunity for both investors and owner-users. Investors can benefit from existing occupancy and value-add potential through lease stabilization and future rent growth, while owner-users have the flexibility to occupy portions of the building or reposition the property to suit operational needs. The combination of strong infrastructure, recent capital improvements, flexible tenancy, and C-4 zoning creates long-term upside for a variety of commercial and industrial uses.