Property profile

161 2ND AVE Rochelle, IL 61068

OFF-MARKET
Industrial (General)
Property ID
US28-2869864
22,800 SF 0.98 ac lot Built 2003
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Property summary

AI-generated overview

The property is an industrial building in Rochelle, Illinois, containing approximately 24,600 square feet of space, including a 600-square-foot office area that had been renovated. The structure has a steel-frame construction and is equipped with fire sprinklers. Utility and building features include 1,800 amps of electrical service, a clear height of about 20 feet, and three roll-up doors. Outside, the property includes approximately 2 acres of secure trailer parking. It is zoned I-2 (General Industrial).

Property profile

Verified
Property type Industrial (General)
Year built 2003
Total area 22,800 SF
Lot 0.98 ac (42,689 SF)
APN 24-24-458-005
UPID US28-2869864

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

161 2ND AVE Rochelle, IL 61068
Rochelle metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
Last sale
$1.4M
4 recorded transactions
2024
Price N/A
2023
Price N/A
2022
$1.4M
2016
Price N/A
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