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    1827 18Th Ave Rockford, IL 61104

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    For Sale
    Contact for pricing

    63,034 SF Warehouse, Manufacturing

    Property size:
    63,034 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 1827 18th Ave in Rockford, Illinois, 61104, offers a unique opportunity for businesses seeking versatile space. The 63,034 square foot main floor building, constructed in 1920 and extensively renovated in 2016, boasts a combination of manufacturing, refrigerated/cold storage, and warehouse capabilities. The property sits on a 3.92-acre lot and features 10'-18' clear ceiling heights, providing ample room for various operations. Loading and unloading is efficient with four loading docks, supplemented by two drive-in doors. A significant advantage is the inclusion of a 10,000 square foot office space, ideal for administrative functions. Security is enhanced by a fenced yard and FOB access, ensuring peace of mind. The property is situated within the Rockford Enterprise Zone, offering potential economic incentives. Note that an adjacent property at 1817 18th Ave is also available for sale or lease, presenting the possibility of acquiring a larger contiguous footprint. This property is available for both sale and lease.

    Property Features for 1827 18Th Ave

    General Information

    Property type
    Refrigerated & Cold Storages
    Square Feet
    63,034 SF

    Building Details

    Year Built/Renovated
    1920/2016

    HighLights

    • For Sale or Lease
    • Located in the Rockford Enterprise Zone
    • 3.92‑acre lot
    • 63,034 SF main floor building with 10,000 SF of office space
    • 10'-18' clear ceiling heights, four loading docks, and two drive‑in doors
    • Secure building with fenced yard and FOB access
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0676422
    Latitude
    42.2474163

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - 63,034 SF Warehouse, Manufacturing
    Where is this refrigerated / cold storage located?
    The property is located at 1827 18Th Ave Rockford, IL.
    What are key features of this property?
    This property features: For Sale or Lease; Located in the Rockford Enterprise Zone; 3.92-acre lot
    Request Owner's contact information
    1827 18Th Ave Rockford, IL 61104
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    Rockford, IL 61104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1827 18Th Ave Rockford, IL 61104
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