Occupied Industrial
For Sale
$750,000
3405 Lonergan Dr, Rockford, IL 61109
Industrial facility with two tenants and full occupancy, positioned near major interstate and regional highway connections.
Property Size12,900 SF
Price / SF$58.14
Days on Market14
Property Features for 3405 Lonergan Dr
General Information
Standard status
Active
Size
12,900 SF
Occupancy
100%
Additional Details
Cap Rate
8.2%
Highway Access
Yes
Building Details
Year Built
1975
Building Size
12,900 SF
Tenancy
Multi
Listing Agency:
Charles Rutenberg Realty of IL
(630) 929-1100
Listed By:
DJ Campbell
Source:
Bktchicago
Added: Aug 15
Changed: Aug 28
Last Checked: Aug 28 at 12:14PM
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 Charles Rutenberg Realty of IL
Investment Insights
Based on property information with market context.
This industrial property includes a 12,900-square-foot facility constructed in 1975. The building is fully occupied by two tenants, providing an established operating profile for an industrial owner or investor. An 8.2 cap rate is also reported for the asset.
Located at 3405 Lonergan Dr in Rockford, Illinois, the property benefits from access to major interstates and regional highways. Its industrial classification and existing occupancy support continued use as an income-producing commercial facility.
Located at 3405 Lonergan Dr in Rockford, Illinois, the property benefits from access to major interstates and regional highways. Its industrial classification and existing occupancy support continued use as an income-producing commercial facility.
Key Highlights
- 12,900‑square‑foot industrial facility
- Fully occupied by two tenants
- 8.2 cap rate
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Explore this area
Business Placement
Demographics for 61109, IL
26,958
Population
11,829
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
38.5 sq mi
ZIP Area
700
Density / Sq Mi
$61,702
Median Household Income
$38,375
Median Earnings
$916
Median Rent
$124,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial facility with two tenants and full occupancy, positioned near major interstate and regional highway connections.
Where is this industrial property located?
The property is located at 3405 Lonergan Dr Rockford, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 12,900‑square‑foot industrial facility; Fully occupied by two tenants; 8.2 cap rate
