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    449 Gardner St South Beloit, IL 61080

    Sponsored
    For Sale
    $3,000,000

    115,263 SF Warehouse, R&D, & Office

    Property size:
    115,263 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 115,263 square foot industrial property, located at 449 Gardner St in South Beloit, Illinois, presents a unique investment opportunity. The property, zoned IH, sits on a generous 4.76-acre lot (APN 04-05-326-007) and boasts a versatile layout ideal for a variety of uses. The building includes a substantial 20,000 square foot testing laboratory, a dedicated 6,000 square foot engineering area, and a well-equipped 4,200 square foot model shop featuring 3D printing capabilities. A significant portion of the building, approximately 32,000 square feet, comprises recently renovated (2022) office space designed for flexible, mobile, and collaborative work environments. The property also includes ample factory/warehouse space, enhancing its operational versatility. The strategic location, just two miles from I-90/39 exit, provides convenient access to major transportation routes and the amenities of nearby Beloit, Wisconsin. This single-tenant building is offered at $3,000,000 and comprises two units. The property's combination of modern office space, advanced laboratory facilities, and substantial warehouse area makes it an attractive proposition for a wide range of industrial and research-oriented businesses. This is a rare opportunity to acquire a high-quality, well-located industrial property with significant potential for growth and return on investment.

    Property Features for 449 Gardner St

    General Information

    Property type
    Life science properties
    Square Feet
    115,263 SF
    Lot Size
    207,346 SF

    Building Details

    Units
    2

    HighLights

    • 115,263 SF industrial property on a 4.76‑acre lot in South Beloit, IL (APN 04‑05‑326‑007), zoned IH.
    • 20,000 SF testing laboratory.
    • 6,000 SF engineering area.
    • 4,200 SF model shop with 3D printing capabilities.
    • 32,000 SF of renovated (2022) flexible office space.
    • 2 miles from I‑90/39 exit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warner Linear Manufacturer Warner Electric Manufacturer Regal Rexnord Industrial Equipment Supplier Jim's eCommerce Shop Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Beloit
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0341381
    Latitude
    42.4927282

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      Industrial Building Near I-90/39

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      449 Gardner St South Beloit, South Beloit, IL 61080
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    FAQs

    What type of property is this?
    Life science property - 115,263 SF Warehouse, R&D, & Office
    Where is this life science property located?
    The property is located at 449 Gardner St South Beloit, IL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 115,263 SF industrial property on a 4.76-acre lot in South Beloit, IL (APN 04-05-326-007), zoned IH.; 20,000 SF testing laboratory.; 6,000 SF engineering area.
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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
    449 Gardner St South Beloit, IL 61080
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