Two-Tenant Industrial
For Sale
$695,000
3405 Lonergan Drive, Rockford, IL 61109
Commercial Sale, Rockford, IL
Property Size12,900 SF
Lot Size1.12 Acres
Price / SF$53.88
Days on Market60
Property Features for 3405 Lonergan Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
INDUS
Directions
Located just north of US20 and S Alpine Rd exit. Take Sandy Hollow Rd one block east to Lonergan Dr, north to property.
Subdivision
Rockford
Standard status
Active
APN
1605451009
Lot size
1.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15138
Building Details
Year built
1975
Floors in Building
1
Number of units
2
Building materials
Block
Roof type
Membrane, Rubber
Listing Agency:
Charles Rutenberg Realty of IL
Listed By:
DJ Campbell
(630) 929-1100
Added: Aug 7
Changed: Oct 1
Last Checked: Oct 5 at 6:06PM
MLS# 12727929
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 12,900-square-foot industrial facility occupies 1.12 acres and is configured for two tenants. Built in 1975, the property features block construction and a membrane and rubber roof system. The building is fully occupied, providing an existing multi-tenant operating profile.
Located at 3405 Lonergan Drive in Rockford, Illinois, the property offers proximity to major interstates and regional highways. INDUS zoning supports its industrial classification. The asset is offered for sale with an 8.2 cap rate.
Located at 3405 Lonergan Drive in Rockford, Illinois, the property offers proximity to major interstates and regional highways. INDUS zoning supports its industrial classification. The asset is offered for sale with an 8.2 cap rate.
Key Highlights
- 12,900‑square‑foot industrial facility on 1.12 acres
- Fully occupied by two tenants
- 8.2 cap rate
Property Analytics
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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
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Industrial property - Fully occupied industrial facility with block construction, membrane and rubber roofing, and INDUS zoning.
Where is this industrial property located?
The property is located at 3405 Lonergan Drive Rockford, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 12,900‑square‑foot industrial facility on 1.12 acres; Fully occupied by two tenants; 8.2 cap rate
