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943 & 976 Raytek Rd 2 Properties Offered at $1,400,000 in Belvidere, IL
Investment Highlights
- Situated on approximately 8.43 acres with substantial yard and outdoor storage capacity.
- Current use as a recycling and salvage operation offers immediate business continuity potential.
- Zoned I-2 Industrial by the City of Belvidere, allowing for heavy industrial and related uses.
- Located within an established industrial cluster with convenient regional transportation access.
Executive Summary
This rare industrial opportunity in Belvidere spans over 8.43 acres and includes a mix of functional improvements designed for high-capacity operational needs. The site features a 2,500-square-foot office building, a 5,000-square-foot warehouse facility, and multiple metal storage sheds. With I-2 industrial zoning, the property offers flexibility for various heavy and light industrial uses.
Currently operating as a recycling center and salvage yard, the property combines significant outdoor storage capacity with strategic infrastructure for industrial operations. The site presents an attractive acquisition for companies seeking to expand or consolidate operations in a well-established industrial corridor. Convenient access to major roadways and regional distribution networks enhances logistical efficiency, making this property a compelling investment opportunity.
This asset is available for outright purchase at $1,400,000, with the option to acquire both the existing business and real estate as part of a turnkey transaction.
Currently operating as a recycling center and salvage yard, the property combines significant outdoor storage capacity with strategic infrastructure for industrial operations. The site presents an attractive acquisition for companies seeking to expand or consolidate operations in a well-established industrial corridor. Convenient access to major roadways and regional distribution networks enhances logistical efficiency, making this property a compelling investment opportunity.
This asset is available for outright purchase at $1,400,000, with the option to acquire both the existing business and real estate as part of a turnkey transaction.
Property Facts
| Price | $1,400,000 | Number of Properties | 2 |
| Price / SF | $186.67 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 7,500 SF |
| Status | Active | Total Land Area | 16.00 AC |
| Price | $1,400,000 |
| Price / SF | $186.67 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,500 SF |
| Total Land Area | 16.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 976 Raytek Rd, Belvidere, IL 61008 | Industrial | 5,000 SF | 1900 | - |
| 943 Raytek Rd, Belvidere, IL 61008 | Office | 2,500 SF | 1900 | - |
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943 & 976 Raytek Rd
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