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Investment Highlights

  • Approximately 37.54 contiguous acres assembled across five parcels.
  • Existing income-producing buildings support current cash flow.
  • Minutes from Interstate 39 with regional access to Rockford and Chicago markets.
  • Signalized corner location at U.S. Route 20 and N. Elida Street.
  • Approximately 1,060 feet of frontage along U.S. Route 20.
  • Flexible commercial and agricultural zoning supports multiple development strategies.

Executive Summary

The Winnebago Portfolio presents a rare opportunity to acquire approximately 37.54 contiguous acres at the signalized southeast corner of U.S. Route 20 and N. Elida Street in Winnebago, Illinois. The assemblage includes five parcels with a mix of income-producing commercial improvements and excess land positioned for future development, expansion, or redevelopment. Existing improvements total approximately 32,450 square feet across five buildings and include a fully occupied two-unit retail center, an 18-unit storage facility, an automotive repair facility, and additional storage buildings, providing a combination of current operational use and investment income.
The portfolio benefits from approximately 1,060 feet of frontage along U.S. Route 20, strong visibility, and direct access to one of the area's primary commercial corridors. Traffic counts of approximately 14,700 vehicles per day along Route 20, combined with proximity to Interstate 39, provide regional connectivity throughout Northern Illinois. The location offers convenient access to Rockford, Chicago Rockford International Airport, Interstate 90, and the broader Midwest transportation network.
Commercial and agricultural zoning across the portfolio creates flexibility for a variety of future uses, including retail, hospitality, office, industrial, business park, self-storage, truck service, and mixed-use concepts, subject to applicable approvals. The combination of existing income, substantial land area, utility availability, and a strategic corner location positions the property as a compelling opportunity for investors, owner-users, and developers seeking scale, visibility, and long-term value creation in a growing regional market.

Property Facts

Price $6,500,000
Price / SF $327.46 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 19,850 SF
Total Land Area 37.54 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
N ELIDA ST/US BYPASS 20, Winnebago, IL 61088 Land 28.54 AC - -
903 N Elida St, Winnebago, IL 61088 Retail 11,250 SF 1997 -
817-819 N Elida St, Winnebago, IL 61088 Retail 8,600 SF 2000 -
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  • Listing ID: 41337161

  • Date on Market: 7/17/2026

  • Last Updated:

  • Address: Winnebago Portfolio For Sale, Winnebago, IL

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