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    2020 Harrison Ave Rockford, IL 61104

    Sponsored
    For Lease
    $72 SF/Yr

    357,475 SF Warehouse, 22,798 SF Available

    Lot size:
    357,475 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 357,475-square-foot industrial warehouse, situated on 23.94 acres in Rockford, Illinois, presents a significant opportunity. Built in 1937, this single-story building features one suite and boasts a substantial 22,798 square feet of immediately available space. The property includes two dock-high doors and four drive-in doors, facilitating efficient loading and unloading. The warehouse features eight-inch concrete flooring and gas-fired heat. Ample truck parking is available on-site, and a potential rail spur adds to its logistical advantages. Zoned for industrial use, this location offers unparalleled access to major transportation arteries. Its proximity to I-90 and I-39, coupled with its location just 5 miles from Chicago Rockford International Airport and 1.5 miles from Route I-39/I-90, ensures seamless distribution capabilities. The property's strategic position within Rockford's industrial and manufacturing corridor, near the District Post Office, makes it an ideal choice for high-volume shipping and receiving operations. This property is perfect for businesses requiring significant warehouse space and convenient access to major transportation networks. The address is 2020 Harrison Ave, Rockford, IL 61104.

    Property Features for 2020 Harrison Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    357,475 SF
    Total Rate
    2144850

    Building Details

    Year Built
    1937
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    22,798 SF
    Rate per SF
    $72

    HighLights

    • 6.8 miles to Greater Rockford Airport
    • 96.2 miles to Milwaukee freight port
    • 3.8 miles to Rockford Reload Center
    Property Profile Location Intelligence

    Current Use by Public Records

    Jc Plastics Warehouse Eight Blessings Plastic ... Plastic Fabrication Company Nevers and Company, Inc.- ... Steel Distributor ABC Supply Co. ... Roofing Supply Store Secondary Solutuions Warehouse

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.064751398691
    Latitude
    42.237967190533

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    FAQs

    What type of property is this?
    Distribution property - 357,475 SF Warehouse, 22,798 SF Available
    Where is this distribution property located?
    The property is located at 2020 Harrison Ave Rockford, IL.
    What is the lease rate?
    The lease rate is $72 SF/Yr.
    What are key features of this property?
    This property features: 6.8 miles to Greater Rockford Airport; 96.2 miles to Milwaukee freight port; 3.8 miles to Rockford Reload Center
    Request Owner's contact information
    2020 Harrison 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
    2020 Harrison Ave Rockford, IL 61104
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