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- LoopNet Team
S Steward Rd
Rochelle, IL 61068
The Ogle County Crossroads Property · Land For Sale
·
124.90 AC

Investment Highlights
- Interstate 88 Frontage, City of Rochelle, Investment Opportunity
Property Facts
| Property Type | Land | Total Lot Size | 124.90 AC |
| Property Subtype | Industrial | Cross Streets | Main Street |
| Proposed Use |
Industrial
|
||
| Zoning | I2 - General Industry | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use |
Industrial
|
| Total Lot Size | 124.90 AC |
| Cross Streets | Main Street |
| Zoning | I2 - General Industry |
Description
Location: The property is located 60 miles west of Chicago O'Hare International Airport and is within the city of Rochelle. Rochelle is 30 minutes from Rockford - the second largest city in Illinois - and less than 90 minutes from downtown Chicago. Frontage: There is approximately 1/2 mile of road frontage on Interstate 88, 1/4 mile on Main Street, and 1/4 mile on Steward Road. Major Highways: Illinois Route 251 is 3/4 mile west, Interstate 39 is 1 1/4 mile east, Illinois Route 38 is 2 miles north, and Interstate 88 intersects the property. Legal Description: A brief legal description indicates The Ogle County Crossroads Property is located in Part of the North Half of Section 31, Township 40 North - Range 2 East (Dement Township), in Ogle County, Illinois. Total Acres: There are approximately 125.9 acres, more or less, according to the Ogle County Assessor's Office. Tillable Acres: There are approximately 110.33 tillable acres according to the Ogle County FSA. Soil Types: Ashdale silt loam is the primary soil type on this property. Topography: The topography of the subject property is level to nearly level. Mineral Rights: All mineral rights owned by the seller will be transferred in their entirety to the new owner. Possession: Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract. Financing: Mortgage financing is available from several sources. Names and addresses will be provided upon request. Taxes: The 2024 real estate taxes totaled $5,665.68. The tax parcel numbers are #25-31-100-006 and #25-31-200-015. Zoning: The property is zoned I2, General Industry. Comments: Immediate access and visibility on Interstate 88, which intersects the property. Close proximity to Interstate 39 Logistics Corridor and the 2nd largest UPS air hub in the nation. With Foreign Trade Zone status, BNSF rail to the property, tax abatement incentive, low electric rates, and a strong labor pool this property is an excellent investment opportunity.
Links
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
| Land Assessment | $66,255 | Total Assessment | $66,255 |
Property Taxes
- 25-31-200-015
- 25-31-100-006
Listing ID: 33157001
Date on Market: 9/12/2024
Last Updated:
Address: S Steward Rd, Rochelle, IL 61068
The Land Property at S Steward Rd, Rochelle, IL 61068 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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