20 And Town Hall Rd Belvidere, IL 61008
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 20 And Town Hall Rd
- Lot size
- 10.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 10-acre industrial land parcel presents a unique opportunity in Belvidere, Illinois. Located at the highly visible northwest corner of Chrysler Drive (Bypass 20) and Town Hall Road, this I-1 zoned property offers unparalleled access and visibility. Situated at a signalized intersection, it provides convenient entry to the Town Hall Industrial Park. The site boasts existing utilities and is strategically positioned less than five minutes from the I-90/Irene Road interchange to the west and ten minutes from the I-90/Genoa Road interchange to the east. This prime location benefits from significant traffic volume, with an estimated 4,000 trucks passing daily. The area is experiencing robust growth, with two 1.2 million square foot distribution facilities currently under construction nearby, projected to bring approximately 600 new jobs to the area. The property's land value is $2.25 per square foot. The seller is open to both outright sale and build-to-suit options, making this an ideal location for a variety of industrial developments. The property's Parcel Identification Number (PIN) is 05-33-400-006. This is a rare opportunity to acquire a premier industrial site in a thriving location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belvidere
- County
- Boone
- State
- Illinois
- Longitude
- -88.8808
- Latitude
- 42.2394
