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Warehouse and Office Property
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943 Raytek Rd, Belvidere, IL 61008

Warehouse and office improvements support outside storage and recycling operations.

Property Size8 SF
Lot Size8.43 Acres
Price / SF$175,000
Days on Market7

Property Features for 943 Raytek Rd

General Information

Standard status Active
Size 8 SF
Lot size 8.43 Acres
Property subtype LAND

Financials

Asking Price $2,200,000
Business Included Yes
Listing Agency: Newmark | Chicago O’Hare
Listed By: Elise Couston · License #471011377
Source: Moodyscre
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 9 at 12:59PM

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 Newmark | Chicago O’Hare

Investment Insights

Based on property information with market context.

This warehouse property includes office and warehouse buildings on land currently used for outside storage of miscellaneous products and operation of a recycling center. The improvements support a combination of enclosed building space and outdoor operational areas.

Located at 943 Raytek Rd in Belvidere, Illinois, the property is being offered with flexibility to acquire the real estate separately or together with the existing business. The current configuration provides a commercial setting for storage and recycling activities.

Key Highlights

  • Office and warehouse buildings included
  • Currently used for outside storage of miscellaneous products
  • Operating recycling center on the property

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Pharmacy Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61008, IL

33,747
Population
13,406
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
84.3 sq mi
ZIP Area
400
Density / Sq Mi
$75,833
Median Household Income
$38,509
Median Earnings
$953
Median Rent
$185,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Garden Prairie Grain 8791 IL-76, Belvidere, IL 61008

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse and office improvements support outside storage and recycling operations.
Where is this warehouse located?
The property is located at 943 Raytek Rd Belvidere, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Office and warehouse buildings included; Currently used for outside storage of miscellaneous products; Operating recycling center on the property
(773) 957-1442 Call to check price and availability
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