Current Use by Public Records
- Land
Property Details for 0 Interstate 88
- Lot size
- 125.90 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 125.9-acre industrial land parcel presents a compelling investment opportunity in Rochelle, Illinois. Strategically located with approximately half a mile of frontage on Interstate 88, this property boasts unparalleled visibility and accessibility. Additional road frontage is available on Main Street and Steward Road. The site is conveniently situated 60 miles west of Chicago O'Hare International Airport, 30 minutes from Rockford, and less than 90 minutes from downtown Chicago. Its proximity to major transportation arteries, including Interstate 39 and Illinois Routes 251 and 38, further enhances its logistical advantages. The property's I2 zoning designation permits a wide range of industrial uses. Approximately 110.33 acres are tillable, with Ashdale silt loam as the primary soil type. The land features a level to nearly level topography. All mineral rights transfer to the new owner. The property benefits from Foreign Trade Zone status, BNSF rail access, tax abatement incentives, and low electric rates, coupled with a robust local workforce. The 2023 real estate taxes totaled $7,790.16, and the tax parcel numbers are #25-31-100-006 and #25-31-200-015. A legal description indicates the property is located in Part of the North Half of Section 31, Township 40 North - Range 2 East (Dement Township), Ogle County, Illinois. Mortgage financing is readily available. Possession is granted at closing, subject to the purchase contract's terms. This prime location near the second largest UPS air hub in the nation and the I-39 Logistics Corridor makes this an exceptional investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochelle
- County
- Ogle
- State
- Illinois
- Longitude
- -89.0527
- Latitude
- 41.901
