816 7Th St Rockford, IL 61104
- Industrial properties
- 36,968 SF
- 0.44 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 816 7Th St
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.44 lot acres
- Property size
- 36,968 SF
- Zone code
- I1
- Property type
- Industrial properties
- APN
- 11-26-430-007
- APU
- 1126430007
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.0804
- Latitude
- 42.2591
- CBSA code
- 40420
- CBSA name
- ROCKFORD, IL METROPOLITAN STATISTICAL AREA
