Two-Tenant Industrial
For Sale
$750,000
3405 Lonergan Drive, Rockford, IL 61109
Fully occupied industrial facility with diversified tenancy and INDUS zoning.
Property Size12,900 SF
Price / SF$58.14
Days on Market13
Property Features for 3405 Lonergan Drive
General Information
Standard status
Active
Size
12,900 SF
Property subtype
Commercial
Zoning
INDUS
Occupancy
100%
Lease Term
36 Months
Additional Details
Cap Rate
8.2%
Taxes and HOA fees
Annual Taxes
$15,138
Building Details
Building Size
12,900 SF
Year Built
1975
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Charles Rutenberg Realty of IL
(630) 929-1100
Listed By:
DJ Campbell
(630) 929-1100
Source:
Exit2newbeginningz
Added: Aug 7
Changed: Aug 14
Last Checked: Aug 17 at 11:29PM
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.
Built in 1975, this 12,900-square-foot industrial facility is configured for two tenants and is fully occupied. The property carries INDUS zoning and is located at 3405 Lonergan Drive in Rockford, Illinois.
The site offers access to major interstates and regional highways, supporting regional connectivity for industrial users. The property reports an 8.2 cap rate and provides an established two-tenant occupancy profile.
The site offers access to major interstates and regional highways, supporting regional connectivity for industrial users. The property reports an 8.2 cap rate and provides an established two-tenant occupancy profile.
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
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 - Fully occupied industrial facility with diversified tenancy 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 $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
