Entity Owned Property summary
The property consists of two industrial buildings located at 1910 and 1912 23rd Avenue in Rockford, Illinois. The building at 1910 23rd Avenue contains 5,200 square feet and includes two drive-in doors, an 18-foot ceiling height, and crane capacity with one 5-ton crane and one 2-ton crane. It has had a roof and gutters replacement in 2023 and includes a recently installed heating unit. The building at 1912 23rd Avenue contains 14,400 square feet with five drive-in doors and crane equipment of various sizes; it has a 16-foot ceiling height and includes office-area improvements such as new siding and windows, a new air-conditioning unit, and a new hot water heater. Together, the two buildings provide a total of 19,600 square feet of industrial space.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
23-002-A. I-1, LIGHT INDUSTRIAL DISTRICT The primary purpose of the I-1, Light Industrial/Business Park district is to accommodate low- impact manufacturing, wholesaling, warehousing, and distribution activities that occ…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I1 · Rockford, IL23-002-A. I-1, LIGHT INDUSTRIAL DISTRICT The primary purpose of the I-1, Light Industrial/Business Park district is to accommodate low- impact manufacturing, wholesaling, warehousing, and distribution activities that occ…
Zoning
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Zoning designation
Official district profile
23-002-A. I-1, LIGHT INDUSTRIAL DISTRICT The primary purpose of the I-1, Light Industrial/Business Park district is to accommodate low- impact manufacturing, wholesaling, warehousing, and distribution activities that occ…
What can be built and operated here — officially.
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