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Rochelle Industrial Portfolio For Sale
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324 Errett Rd, Rochelle, IL 61068

Four-building industrial portfolio totaling 252,638 SF on 49.49 acres.

Property Size252,638 SF
Lot Size49.49 Acres
Price / SF$38.39
Days on Market157

Property Features for 324 Errett Rd

General Information

Standard status Active
Size 252,638 SF
Class C
Lot size 49.49 Acres
Property subtype Industrial
Occupancy 100%
Investment Type Value Add
Net Operating Income $868,075

Building Details

Year Built 1977
Buildings 4
Units 11
Listing Agency: Marcus & Millichap - Chicago Oak Brook
Listed By: Steven Weinstock · License #IL 471011175
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 8 at 6:41AM

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 - Chicago Oak Brook

Investment Insights

Based on property information with market context.

This offering is 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.

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

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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Frequently Asked Questions

What type of property is this?
Industrial property - Four-building industrial portfolio totaling 252,638 SF on 49.49 acres.
Where is this industrial property 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
(262) 364-1900 Call to check price and availability
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