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Four-Building Industrial Portfolio in Rochelle
For Sale
$9,700,000

324 Errett Rd, Rochelle, IL 61068

Four industrial buildings totaling 252,638 SF on 49.49 acres.

Property Size114,000 SF
Lot Size49.49 Acres
Price / SF$85.09
Days on Market119

Property Features for 324 Errett Rd

General Information

Standard status Active
Size 114,000 SF
Lot size 49.49 Acres
Property subtype Warehouse

Building Details

Year Built 1989
Listing Agency: Marcus & Millichap - Milwaukee
Listed By: Jon Rauh · License #License(s): WI: 89610-94
Source: Marcusmillichap
Added: Apr 3 Changed: Jul 10 Last Checked: Jul 30 at 2:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Milwaukee

Investment Insights

Based on property information with market context.

This offering features a four-building industrial portfolio located at 324 Errett Rd, 100 E. Quarry Rd, 111 5th Ave & 500 N Caron Rd in Rochelle, IL. The portfolio consists of four buildings on four parcels totaling approximately 252,638 square feet and sits on approximately 49.49 acres. One building at 324 Errett is listed, another at 100 E Quarry is listed, and the other two at 111 5th/500 N Caron are listed.

Key Highlights

  • Four‑building industrial portfolio
  • Totaling approximately 252,638 square feet
  • Sits on approximately 49.49 acres

Property Analytics

Current Use

Errett Warehouse Warehouse & Storage

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Law Firm Garden Center Storage Facility Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61068, IL

14,653
Population
6,220
Households
2.4
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
120.7 sq mi
ZIP Area
121
Density / Sq Mi
$69,840
Median Household Income
$36,924
Median Earnings
$955
Median Rent
$164,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Maple Ave Self Storage — 109 Maple Ave, Rochelle, IL 61068

Frequently Asked Questions

What type of property is this?
Warehouse - Four industrial buildings totaling 252,638 SF on 49.49 acres.
Where is this warehouse located?
The property is located at 324 Errett Rd Rochelle, IL.
What is the asking price?
The asking price for this property is $9,700,000.
What are key features of this property?
This property features: Four‑building industrial portfolio; Totaling approximately 252,638 square feet; Sits on approximately 49.49 acres
More about this property
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