This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Rockford–Freeport–Rochelle MSA | Prime Parcel 200 E Avenue G

100,000 SF Vacant Industrial Building Online Auction Sale Rochelle, IL 61068

Counterbid
{{Auction.FormattedText.CounterbidText}}
{{Auction.FormattedAuctionTitleText}}
{{Auction.FormattedAuctionTitleText2}}
00 DAYS d
:
I
05 HRS h
:
I
39 MIN m
:
I
10 SEC s
Auction Starts
42 HRS h
:
I
20 MIN m
:
I
49 SEC s
Auction Ends
Finalizing
{{Auction.FormattedStartingBid}}
Starting Bid
{{Auction.FormattedCurrentBid}}
{{Auction.FormattedCurrentBidText}}
{{Auction.FormattedBidIncrement}}
Bid Increment
{{Auction.BidIncrementLoweredText}}
{{Auction.FormattedNextBid}}
Next Bid
{{Auction.Status}}
{{Auction.FormattedText.BidderRegistrationStatusLabel}}
{{Auction.BidderRegistrationStatus}}
{{Auction.FormattedText.BidderRegistrationStatusLabel}}
{{Auction.FormattedReserveText}}
{{Auction.FormattedReserveLabelText}}
623,191
Total Views
Your registration has been denied. Please contact Help Center at 888-770-7332 for more information.
You will receive an email confirmation upon approval
{{Auction.FormattedText.BidderBidRejectedWarningText}}
{{Auction.FormattedText.BidderBidLimitExceededWarningText}}
{{Auction.FormattedText.BidderBidLimitWarningText}}
{{Auction.FormattedText.NextBidLowerPurchasePriceText}}
Your Bid Limit: {{Auction.Registration.BidLimitAmtFormatted}} {{Auction.FormattedText.NoBidLimitText}}
Min Bid is {{Auction.FormattedNextBid}}
{{Auction.FormattedStartingBid}}
Starting Bid
{{Auction.FormattedBidIncrement}}
Bid Increment
{{Auction.BidIncrementLoweredText}}
{{Auction.FormattedNextBid}}
Next Bid
{{Auction.FormattedReserveText}}
{{Auction.FormattedReserveLabelText}}
You have won the auction! Please check your email for next steps from the Contracts & Closing Team.
{{Auction.FormattedText.RealTimeText }}
{{Auction.FormattedText.RealTimeTextDisconnected }}
{{Auction.FormattedText.RealTimeText }}
{{Auction.FormattedText.RealTimeTextConnected }}
The bid amount you entered is less than the next minimum bid amount, please try again
Confirm your bid amount of
{{Auction.BidAmount}}
Virtual Tour

Investment Highlights

  • Efficiently built-out 100,000-SF industrial building situated with ample parking over an expansive 8.9-acre lot in Rochelle in the Rockford MSA.
  • Desirable owner/user or value-add investment in an industry sector primarily driven by manufacturing, transportation, and warehousing businesses.
  • Preferably located less than 2 miles from amenities within Rochelle’s primary corridor featuring conveniences Starbucks, Aldi, McDonald’s, and more.
  • Ideally positioned 4 miles from the I-88/I-39 junction with preferable proximity to Union Pacific and Burlington Northern Santa Fe Class Railway.
  • Beneficially equipped with ample surface parking accommodating cars and 60 trailers, four loading docks, one drive in bay, and room for expansion.

Executive Summary

Well-established 100,000-square-foot industrial property over a spacious 8.9-acre lot with room for expansion in Rochelle, a city within the Rockford–Freeport–Rochelle metropolitan area. Built in 1969, 200 E Avenue G features four dock doors and one drive in door paired with ample on-site surface parking for vehicles and 60 trailers. The building has 8,500 square feet of office space built-out with private suites and has an impressive 24-foot clear height in the dynamic workspace perfect for manufacturing, warehousing, distribution, research and development, and showroom space. This property has sought-after power with 2000amp/480volt three-phase electricity, rooftop HVAC cooler units, and suspended gas heaters providing forced heated air furnaces for the offices.

200 E Avenue G is desirably positioned less than a mile from Downtown Rochelle and about four minutes from the major Interstate 88 and Interstate 39 highway interchange. Six minutes north of the property is Rochelle’s primary corridor, which provides optimum conveniences for locals, tenants, and visitors alike. This retail hub is packed with renowned amenities, including Starbucks, McDonald’s, Aldi, and Walgreens, and is home to the locally popular and highly rated Butterfly Family Restaurant.

200 E Avenue G is beneficially located in a growing community heavily driven by industrial business as manufacturing dominates in the Rochelle MSA’s industry sector at 34.1% share and transportation and warehousing following at 13.7% share. A new owner can acquire this property for either the efficiency and success of their owner corporation or lease it out to an up-and-coming business in a designated destination dependent on the industrial industry.

Property tours are available by appointment only. Please contact the broker to schedule.

Data Room Click Here to Access

Market Analytics Click Here to Access

{{summary.v}}

{{summary.t}}

{{headerValue}}
{{rowValue.t}}
{{rowValue.to}}
{{rowValue.l}}
{{rowValue.h}}

{{summary.v}}

{{summary.t}}

{{headerValue}}
{{rowValue.t}}
{{rowValue.a}}
{{rowValue.l}}
{{rowValue.h}}
{{rowValue.m}}

Market Sale Price per SF

Rochelle - IL USA

Market Cap Rate

Rochelle - IL USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type Investment
Sale Conditions Auction Sale
Property Type Industrial
Building Class B
Lot Size 8.90 AC
Rentable Building Area 100,000 SF
No. Stories 1
Year Built 1969
Clear Ceiling Height 24 FT
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 1

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Chicago
2,705,994
75
1 h 32 m
Indianapolis
867,125
254
5 h 1 m
Detroit
672,662
354
6 h 44 m
Columbus
892,533
432
8 h 18 m
Nashville
669,053
526
9 h 31 m
Memphis
650,618
568
10 h 20 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
19,189
Total Labor Force
10,185
Unemployment Rate
8.29%
Median Household Income
$62,582
Warehouse Employees
2,415
High School Education Or Higher
88.00%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-25-231-001
Land Assessment
$64,251
Improvements Assessment
$701,621
Total Assessment
$765,872

zoning

Zoning Code I-2
I-2

About the Auction Platform

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
Read More

Auction Contact

Molly Patten
Auctioneer License: Ten-X Arlene Richardson RE Brkr 478027045
  • Listing ID: 32387821

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 200 E Avenue G, Rochelle, IL 61068

Transaction Fee Schedule
Based on Percentage of Winning Bid Amount.
Winning Bid Amount Transaction Fee
$0m to < $1m 5.00% ($20,000 min)
$1m to < $3m 3.00%
$3m to < $5m 2.50%
$5m to < $10m 2.25%
$10m to < $15m 2.00%
$15m to < $25m 1.75%
$25m to < $35m 1.50%
$35M to < $45M 1.00%
$45M to < $55M 0.75%
$55M and Up 0.50%
Example Calculation
Winning Bid Amount $4,000,000 Transaction Fee $100,000 (2.5%) Total Purchase Price $4,100,000

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}