300 Steward Rd Rochelle, IL 61068
This exceptional 13-acre commercial land parcel, located at 300 Steward Road in Rochelle, Illinois (zip code 61068), presents a unique investment opportunity. Zoned Light Industrial I-1, this property boasts 625 feet of frontage on I-88, providing unparalleled visibility and accessibility. All off-site development is complete, including water and sanitary sewer connections (Rochelle Municipal Utilities), electrical service, a newly installed Steward Road turning lane, and street lighting. The property's location offers significant advantages for businesses seeking convenient access to major transportation routes. The land is priced at $2.25 per square foot, totaling $1,275,000. The parcel number is 24-36-251-009. Signage opportunities are available along the I-88 frontage, enhancing marketing potential. This ready-to-develop site in Ogle County is ideal for a variety of industrial uses, offering a strategic location and comprehensive infrastructure. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Illinois market.
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Hub City Development, LLC Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.