Heavy Industrial
New
For Sale
Contact for pricing
4917 Prairie Hill Rd, South Beloit, IL 61080
Zoned for heavy industrial use with an existing building, retail counter, and oil/water separation.
Property Size13,508 SF
Price / SF$99.94
Days on Market5
Property Features for 4917 Prairie Hill Rd
General Information
Standard status
Active
Size
13,508 SF
Property subtype
INDUSTRIAL
Zoning
Heavy Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
industrial
Building Details
Buildings
1
Building Size
13,508 SF
Listing Agency:
Berkshire Hathaway HomeServices Crosby Starck Real Estate
(815) 990-6844
Listed By:
Kevin Horstman · License #471019313
(815) 990-6844
Source:
Moodyscre
Added: Aug 7
Changed: Aug 10
Last Checked: Aug 10 at 8:47AM
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 Berkshire Hathaway HomeServices Crosby Starck Real Estate
Investment Insights
Based on property information with market context.
This heavy-industrial property includes a 13,508 sf building with a retail counter and oil/water separation. The site is currently used for automotive recycling, with the existing building supporting the current operation.
Located at 4917 Prairie Hill Rd in South Beloit, Illinois, the property fronts IL-251 and has a reported traffic count of 20,000+. A survey and boundary reconfiguration are in process to provide 8+ acres MOL in the parcel, with the final configuration still being established.
Located at 4917 Prairie Hill Rd in South Beloit, Illinois, the property fronts IL-251 and has a reported traffic count of 20,000+. A survey and boundary reconfiguration are in process to provide 8+ acres MOL in the parcel, with the final configuration still being established.
Key Highlights
- 13,508 sf building with retail counter
- Oil/water separation included
- Heavy industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$65,144
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,302,880
$1.3M
Cap Rate 7%
$930,629
$930.6K
Cap Rate 9%
$723,822
$723.8K
Market Conditions
NOI Build-Up for 13,508 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$100.5K $7.44/SF
− Vacancy
−$7.4K −$0.55/SF
EGI
$93.1K $6.89/SF
− OpEx
−$27.9K −$2.07/SF
NOI
$65.1K $4.82/SF
Area
Winnebago County, IL
Vacancy
7.40%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,302,880
Cap Rate 7%
$930,629
Cap Rate 9%
$723,822
Alternative Uses
Best Use
Industrial
$930.6K
$814.3K – $1.09M
NOI $65,144 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.68M
$3.22M – $4.30M
NOI $257,733 @ 7.0% cap · market cap 19.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 61080, IL
11,252
Population
4,773
Households
2.4
Avg Household Size
38
Median Age
23%
College-Educated
93%
High-School Grad
25.1 sq mi
ZIP Area
448
Density / Sq Mi
$78,533
Median Household Income
$44,081
Median Earnings
$877
Median Rent
$172,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - Zoned for heavy industrial use with an existing building, retail counter, and oil/water separation.
Where is this industrial property located?
The property is located at 4917 Prairie Hill Rd South Beloit, IL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 13,508 sf building with retail counter; Oil/water separation included; Heavy industrial zoning
