5242 28Th Ave, Rockford, IL 61109
For Lease
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This exceptional industrial property, located at 5242 28th Ave in Rockford, Illinois, 61109, offers a total of 45,000 square feet of warehouse space within a multi-tenant building. Currently, there are 14,000 square feet of vacant space available, divisible into units ranging from a minimum of 5,042 square feet to a maximum contiguous space of 6,834 square feet. The building features desirable amenities including 10' to 12'6" ceiling heights, providing ample vertical space for storage and operations. Loading and unloading is facilitated by two exterior loading docks and one drive-in door. The property sits on a sizable 3-acre lot within the Eastrock Industrial Park, offering convenient access and ample parking with approximately 30 spaces available. The zoning is designated L1 - Light Industrial, making it suitable for a variety of uses. The building also includes office space available on the first and/or lower level, totaling 5,024 square feet, and a shared dock and restroom area of 2,214 square feet. The property enjoys excellent access to major transportation routes, with proximity to S. Alpine Rd./bypass 20 Interchange, providing easy connections to I-39 and I-90. This prime location and versatile space make this an ideal opportunity for businesses seeking efficient and well-equipped warehouse facilities in Rockford, Illinois.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Rockford, ILRockford. Always verify with local authorities before improvements.
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.