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    OFF-MARKET
    Industrial properties

    816 7th St, Rockford, IL 61104-1308

    36,968 SF 0.44 ac lot Built 1900
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-5019436
    Property summary
    AI-generated overview

    This 36,968 square foot industrial building located at 816 7th Street, Rockford, IL, is offered for sale at $111,000. Situated on a 0.46-acre lot, the property presents a significant opportunity for investors and businesses seeking a substantial space. The building is being sold "as is," and it's important to note that currently, the only heated area is the room containing the fire suppression system. This presents a potential cost consideration for prospective buyers. However, a key advantage is the inclusion of a fully operational freight elevator, facilitating efficient movement of goods and materials. The building's substantial size and the presence of a functional freight elevator make it suitable for a variety of industrial or warehousing uses. Prospective buyers are encouraged to conduct their own due diligence and inspections to assess the property's suitability for their specific needs and to factor in the cost of heating upgrades. The property's location in Rockford, IL, offers access to local infrastructure and transportation networks. This is a prime opportunity to acquire a large industrial space at a competitive price, requiring some investment but offering significant potential for return. The sale price reflects the "as is" condition and the need for potential heating system upgrades.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1900
    Construction WOOD
    Total area 36,968 SF
    Lot 0.44 ac (19,166 SF)
    Zoning code I1
    APN 11-26-430-007
    UPID US28-5019436
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Tld Construction LLC · 1 yrs held
    Tld Construction LLC
    since 2025
    Last sale
    $78,666
    4 recorded transactions
    2025
    $37,000
    2024
    1997
    $78,666
    1969
    Zoning & alternative use
    I1 · Rockford, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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