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8,854 SF with Dock and 3 Drive-In Doors 5012 28th Ave

8,854 SF 100% Leased Industrial Building Rockford, IL 61109 $424,900 ($48/SF)

Investment Highlights

  • Hard-To-Find Building Size (8,854 F) with Dock and Drive-Ins
  • Recent Renovations Including Roof (as noted), Office/Showroom and Exterior Paint
  • Good Proximity to Local Arteries and Bypass 20, I-39

Executive Summary

Hard to find 8,854 SF industrial building in Eastrock Industrial Park. Available for lease ($5.25 NNN) or sale; Two electric services - 220A/480V and 220A/220V. 1,423 SF of recently remodeled office/showroom; Majority of the roof (75%) was new in 2022; Building re-painted in Oct 2024. (1) dock; (3) drive-in doors.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $424,900
Price Per SF $48
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Showroom
  • Industrial Service
Building Class C
Lot Size 0.98 AC
Rentable Building Area 8,854 SF
No. Stories 1
Year Built/Renovated 1975/2022
Parking Ratio 2.15/1,000 SF
Clear Ceiling Height 12 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 3

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-04-151-013
Land Assessment
$21,574 (2022)
Improvements Assessment
$72,741 (2022)
Total Assessment
$94,315 (2022)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code LIGHT INDUSTRIAL
LIGHT INDUSTRIAL
  • Listing ID: 33853742

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 5012 28th Ave, Rockford, IL 61109

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