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740 Logistics Dr - I-90 Corridor Industrial Site: 5.07 ac 5.07 Acres of Industrial Land in Belvidere, IL 61008
Investment Highlights
- Shovel ready; Services on site
- Good proximity to I-90/39 and US Rte 20
- Solid labor force
- Enterprise Zone
- Pro business municipality
Executive Summary
I-90 Corridor Industrial Site: 5.07 ac Divisible
2 to 5+ acres of shovel ready, light industrial land available for sale or build-to-suit in established industrial park. Convenient access to I-90/39 via Genoa Rd and Irene Rd. The development currently contains a 100,000 sf warehouse/distribution building, 42,000 sf and 336,000 sf light manufacturing facilities. Enterprise Zone benefits include 0% sales tax on all construction materials and automatic property tax abatements of 80% yr 1; 60% yr 2; 40% yr 3; and 20% yr 4 on all improvements.
Belvidere (greater Rockford area) is centrally located along the I-90 Corridor approximately 80 miles from Chicago and 85 mi from Milwaukee. Better tax and business environment than Chicago and +/- 1 hr from O'Hare Int'l Airport. Rockford area also features its own commercial airport (Chicago Rockford Int'l), UPS Air Hub and an experienced industrial labor force.
2 to 5+ acres of shovel ready, light industrial land available for sale or build-to-suit in established industrial park. Convenient access to I-90/39 via Genoa Rd and Irene Rd. The development currently contains a 100,000 sf warehouse/distribution building, 42,000 sf and 336,000 sf light manufacturing facilities. Enterprise Zone benefits include 0% sales tax on all construction materials and automatic property tax abatements of 80% yr 1; 60% yr 2; 40% yr 3; and 20% yr 4 on all improvements.
Belvidere (greater Rockford area) is centrally located along the I-90 Corridor approximately 80 miles from Chicago and 85 mi from Milwaukee. Better tax and business environment than Chicago and +/- 1 hr from O'Hare Int'l Airport. Rockford area also features its own commercial airport (Chicago Rockford Int'l), UPS Air Hub and an experienced industrial labor force.
Property Facts
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 5.07 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | Light Industrial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 5.07 AC |
| No. Stories | 1 |
| Zoning | Light Industrial |
1 Lot Available
Lot
| Lot Size | 5.07 AC |
| Lot Size | 5.07 AC |
1 1
Property Taxes
| Parcel Number | 05-33-201-001 | Improvements Assessment | $1,214,988 |
| Land Assessment | $142,161 | Total Assessment | $1,357,149 |
Property Taxes
Parcel Number
05-33-201-001
Land Assessment
$142,161
Improvements Assessment
$1,214,988
Total Assessment
$1,357,149
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Presented by
LandMark Real Estate Group LLC
740 Logistics Dr - I-90 Corridor Industrial Site: 5.07 ac
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