1202 20Th Ave Rockford, IL 61104
- Industrial properties
- 24,664 SF
- 0.66 lot acres
Current Use by Public Records
- Serrano's Concrete / Concrete Contractor
- ABS Tool & Machining Inc / Machine Shop
Property Details for 1202 20Th Ave
- Year built
- 1924
- Construction
- WOOD
- Lot size
- 0.66 lot acres
- Property size
- 24,664 SF
- Zone code
- I1
- Property type
- Industrial properties
- APN
- 11-35-280-007
- APU
- 1135280007
Description
This exceptional 24,644 square foot all-brick industrial building presents a remarkable investment opportunity in Rockford, Illinois. Located at 1202 20th Avenue, this property boasts significant potential for a variety of uses. The building features four large bin doors, providing convenient and efficient access for loading and unloading. Its spacious layout allows for flexible configuration, making it ideal for single-tenant occupancy or subdivision into multiple rental units. An upstairs area includes employee breakrooms and restrooms, adding to the building's functionality. Previously utilized as a mechanics shop, the property requires some renovations and a new roof. However, a completed environmental report confirms no environmental concerns, simplifying the acquisition process. The building's substantial size, strategic location, and versatile design make it an attractive prospect for investors and businesses seeking a substantial industrial space in Rockford. The asking price of $70,000 reflects the opportunity for significant value appreciation after necessary improvements. Don't miss this chance to acquire a prime industrial property with immense potential.
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
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.0786
- Latitude
- 42.246
- CBSA code
- 40420
- CBSA name
- ROCKFORD, IL METROPOLITAN STATISTICAL AREA
