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1202 20Th Ave Rockford, IL 61104

Sponsored
For Sale
$70,000

Spacious industrial building, needs TLC, great location.

Property size:
24,644 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional 24,644 square foot all-brick industrial building presents a remarkable investment opportunity in Rockford, Illinois. Located at 1202 20th Avenue, this property boasts significant potential for a variety of uses. The building features four large bin doors, providing convenient and efficient access for loading and unloading. Its spacious layout allows for flexible configuration, making it ideal for single-tenant occupancy or subdivision into multiple rental units. An upstairs area includes employee breakrooms and restrooms, adding to the building's functionality. Previously utilized as a mechanics shop, the property requires some renovations and a new roof. However, a completed environmental report confirms no environmental concerns, simplifying the acquisition process. The building's substantial size, strategic location, and versatile design make it an attractive prospect for investors and businesses seeking a substantial industrial space in Rockford. The asking price of $70,000 reflects the opportunity for significant value appreciation after necessary improvements. Don't miss this chance to acquire a prime industrial property with immense potential.

Property Features for 1202 20Th Ave

General Information

Property type
Other commercial real estate
Square Feet
24,644 SF

Building Details

Year Built
1924

Property Profile Location Intelligence

Current Use by Public Records

Serrano's Concrete Concrete Contractor ABS Tool & Machining ... Machine Shop

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-89.07859
Latitude
42.24598

FAQs

What type of property is this?
Commercial real estate - Spacious industrial building, needs TLC, great location.
Where is this commercial real estate located?
The property is located at 1202 20Th Ave Rockford, IL.
What is the asking price?
The asking price for this property is $70,000.
More about this property
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