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745 Logistics Dr - I-90 Corridor Industrial Site: 4.64 ac 4.64 Acres of Industrial Land in Belvidere, IL 61008

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INVESTMENT HIGHLIGHTS

  • Enterprise Zone
  • Shovel-ready; Services to site
  • Solid labor force
  • Pro business municipality
  • Good proximity to I-90/39 and US Rte 20

EXECUTIVE SUMMARY

4.64 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, a 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 Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 4.64 AC
Zoning LI

1 LOT AVAILABLE

Lot

Lot Size 4.64 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-33-201-001
Land Assessment
$142,161 (2024)
Improvements Assessment
$1,214,988 (2024)
Total Assessment
$1,357,149 (2024)
  • Listing ID: 3934795

  • Date on Market: 9/12/2016

  • Last Updated:

  • Address: 745 Logistics Dr, Belvidere, IL 61008

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