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    5242 28Th Ave Rockford, IL 61109

    Sponsored
    For Lease
    Contact for pricing

    Multiple units, 5,042 - 14,000 sq ft

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property, located at 5242 28th Ave in Rockford, Illinois, 61109, offers a total of 45,000 square feet of warehouse space within a multi-tenant building. Currently, there are 14,000 square feet of vacant space available, divisible into units ranging from a minimum of 5,042 square feet to a maximum contiguous space of 6,834 square feet. The building features desirable amenities including 10' to 12'6" ceiling heights, providing ample vertical space for storage and operations. Loading and unloading is facilitated by two exterior loading docks and one drive-in door. The property sits on a sizable 3-acre lot within the Eastrock Industrial Park, offering convenient access and ample parking with approximately 30 spaces available. The zoning is designated L1 - Light Industrial, making it suitable for a variety of uses. The building also includes office space available on the first and/or lower level, totaling 5,024 square feet, and a shared dock and restroom area of 2,214 square feet. The property enjoys excellent access to major transportation routes, with proximity to S. Alpine Rd./bypass 20 Interchange, providing easy connections to I-39 and I-90. This prime location and versatile space make this an ideal opportunity for businesses seeking efficient and well-equipped warehouse facilities in Rockford, Illinois.

    Property Features for 5242 28Th Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF

    Unit(s) available at that property

    Space
    Office Space
    Size
    5,042 SF
    Space
    Warehouse Space
    Size
    6,834 SF
    Space
    Office & Warehouse Space
    Size
    14,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    -89.0137965
    Latitude
    42.2326786

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    FAQs

    What type of property is this?
    Distribution property - Multiple units, 5,042 - 14,000 sq ft
    Where is this distribution property located?
    The property is located at 5242 28Th Ave Rockford, IL.
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    Rockford, IL 61109
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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
    5242 28Th Ave Rockford, IL 61109
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