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    Property profile & analytics
    FOR LEASE
    Industrial properties

    1817 18Th Ave, Rockford, IL 61104

    36,519 SF 1.39 ac lot Built 1950
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-2372191
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 1817 18th Avenue in Rockford, Illinois, offers 10,000 square feet of immediately available space within a larger 36,519 square foot building. The property is classified as both manufacturing and warehouse space, making it suitable for a variety of industrial uses. The building boasts a 12-foot ceiling height, providing ample vertical space for storage or operations. Access is convenient with one dock-high door and two drive-in doors. The space is part of a multi-tenant building, offering flexibility and potential for collaboration. The property underwent renovations in 2020, ensuring modern functionality. Power is robust, featuring 400 amps of 480V 3-phase power. Situated in Winnebago County, the property benefits from excellent access to transportation networks and a strong local workforce. This is a rare opportunity to secure high-quality industrial space in a prime Rockford location. The available space totals 10,000 square feet, offering significant potential for businesses seeking expansion or relocation. The property's modern amenities and strategic location make it an ideal choice for a variety of industrial tenants. Contact us today to schedule a viewing and explore the possibilities. The zip code is 61104.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1950
    Construction WOOD
    Total area 36,519 SF
    Lot 1.39 ac (60,548 SF)
    Zoning code I1
    APN 11-36-181-006
    UPID US28-2372191
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mid States Screw Corporation Industrial Manufacturer Production Facility
    • Smith Ecological Systems Water Treatment Supplier
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $835k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $692k
    Blend (final) Blend
    $835k
    Owner & transaction history
    Megaspring LLC · 1 yrs held
    Megaspring LLC
    since 2024
    Last sale
    $835,000
    5 recorded transactions
    2024
    $835,000
    2024
    2020
    $250,000
    2008
    1969
    Zoning & alternative use
    I1 · Rockford, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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