Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    43XX Rotary Rd Rockford, IL 61109

    Sponsored
    For Sale
    Contact for pricing

    Prime Industrial Land, I-39 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    400
    This exceptional Rockford, IL industrial land portfolio, encompassing 20 to 134.05 acres at 43XX & 48XX Rotary Rd (61109), presents a unique investment opportunity. Strategically located with full-access interchange at Baxter Road and I-39, this property boasts high visibility from I-39 and is under five miles from Chicago Rockford International Airport's cargo handling buildings. The site is zoned industrial, with all entitlements for industrial uses already in place. Infrastructure is ready for immediate development, with sewer, water, and road improvements designed and prepared for construction, timed to coincide with new building construction. This location benefits from being within a Tax Increment Financing District, further enhancing its appeal. Future improvements planned for the area include a new water tower and upgrades to Well #2 treatment facility. Enjoy excellent access to major interstates, including I-39, I-90, I-88, I-80, and I-43, providing seamless connectivity throughout the region. This is a rare opportunity to acquire a large, well-situated industrial land parcel in a thriving area. The property is situated in Winnebago County, Illinois.

    Property Features for 43XX Rotary Rd

    General Information

    Property type
    Distribution properties
    Lot Size
    871,200 SF

    HighLights

    • Full‑access interchange at Baxter Road and I‑39, providing high visibility from I‑39.
    • Less than 5 miles to Chicago Rockford International Airport's cargo facilities.
    • Industrially zoned.
    • Fully entitled for industrial development.
    • Utilities (sewer, water) and road improvements are designed and ready for construction, timed to coincide with building construction.
    • Situated within a Tax Increment Financing (TIF) district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Auto Repair Shop Gym & Fitness Accounting Firm Storage Facility Car Rental Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0350101
    Latitude
    42.1730056

    Nearby Similar for Sale

    • New
      $225,000
      900 SF

      Rockford IL Turnkey Ready Duplex

      Turnkey ready duplex with updated units, ideal for investors.
      434 16Th St, Rockford, IL 61104
      View Details
    • $350,000
      Pending

      Well-Maintained Rockford 4-Plex For Sale

      Four 2-bedroom units with updates, garage, and strong rental appeal.
      2321 Broadway, Rockford, IL 61104
      View Details
    • $560,000

      Updated Four-Unit Multifamily Property

      Renovated four-unit property with strong rentability in Rockford, Illinois.
      820 Cottage Grove Ave, Rockford, IL 61103
      View Details
    • $199,900
      Pending

      Rockford Duplex with Garages

      Duplex in Rockford, each unit with three bedrooms.
      3321 W Riverside St, Rockford, IL 61103
      View Details
    • $140,000
      450 SF

      ROCKFORD Duplex with Garage

      Two-unit property with fenced yard and two-car garage.
      3107 Garfield Ave, Rockford, IL 61101
      View Details
    • $725,000
      2.28 Acres

      Equestrian Property with Covered Arena

      Turnkey horse property with arena, stalls, and modern amenities.
      5382 Guilford Rd, Rockford, IL 61107
      View Details
    • New
      $379,000
      Pending

      Ranch-Style Duplex Condo in Rockford

      Well-maintained duplex condo with updated interiors and convenient location.
      6608-6610 Sawgrass Dr, Rockford, IL 61114
      View Details
    • $392,000

      Rockford Duplex with Income Potential

      Ranch-style duplex near shopping, dining, and I-90.
      3786-3788 Sage Dr, Rockford, IL 61114
      View Details
    • $160,000

      Remodeled Duplex with Garage/Workshop

      Turn-key investment opportunity: remodeled 2-unit property with garage/workshop.
      1204 S 6Th St, Rockford, IL 61104
      View Details
    • New
      $215,000

      Updated Duplex in Rockford, IL

      Updated duplex with hardwood floors, updated kitchens, and two-car garage.
      1128 21St St, Rockford, IL 61104
      View Details
    • $160,000
      1,002 SF

      Remodeled Duplex with Garage/Workshop

      Turn-key investment: remodeled 2-unit property with garage/workshop.
      1204 S 6Th St, Rockford, IL 61104
      View Details
    • $119,000
      Pending

      Rockford Residential Income Opportunity

      Two-unit property with potential for investors or owner-occupants.
      1021 7Th St, Rockford, IL 61104
      View Details

    FAQs

    What type of property is this?
    Distribution property - Prime Industrial Land, I-39 Access
    Where is this distribution property located?
    The property is located at 43XX Rotary Rd Rockford, IL.
    What are key features of this property?
    This property features: Full-access interchange at Baxter Road and I-39, providing high visibility from I-39.; Less than 5 miles to Chicago Rockford International Airport's cargo facilities.; Industrially zoned.
    Request Owner's contact information
    43XX Rotary Rd Rockford, IL 61109
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    43XX Rotary Rd
    Rockford, IL 61109
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    43XX Rotary Rd Rockford, IL 61109
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.