603 2nd Ave Rochelle, IL 61068-1872

Property Details for 603 2nd Ave

Year built

1988

Property size

14,594 SF

Property type

Commercial real estate

APN

24-24-384-008

APU

2424384008

Description

This versatile mixed-use commercial property at 603 2nd Avenue in Rochelle, Illinois, presents a unique investment opportunity. The building boasts a spacious 40 x 54-foot heated shop, equipped with five heavy-duty commercial dock doors and a semi-truck approach, ideal for warehousing or distribution. Inside, the shop benefits from added overhead storage. The office space includes several rooms, one currently configured as a reception area, and others as private offices, all featuring heating and air conditioning. Two half-bathrooms are conveniently located within the office area. The interior has been recently updated with approximately 90% new paint. The property also includes a significant fenced-in lot measuring 124 x 82 feet, providing ample space for additional parking, expansion, or other uses. There is potential for approximately twelve inside parking spaces. The building has a long history of successful commercial use as a warehouse and business. Its convenient location near interstate roads offers excellent accessibility. Note that there is a small encroachment on railroad property, currently assessed at $903.00 annually, subject to a 3% yearly increase. This property is perfect for entrepreneurs seeking to establish a new business or for existing companies looking to expand their operations. The combination of office space, substantial warehouse area, and generous outdoor space makes this a truly exceptional opportunity.

Location Insight

City

Rochelle

County

Ogle

State

Illinois

Longitude

-89.0677

Latitude

41.9208

CBSA code

40300

CBSA name

ROCHELLE, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments