Commercial - Industrial Land Near I-90

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30459514
Property Subtypes: Industrial, Office, Retail
Status: Pending
Gross Land Area: 116 Acres
Sale Price: See Agent
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

116-acre (divisible) development opportunity in Belvidere, Illinois. Water/sewer adjacent to eastern boundary. Currently zoned AG with approvals for industrial and commercial/retail uses. Land sale and build-to-suit opportunities available. Adjacent to existing Townhall Industrial Park. Less than 1/2 mi to full I-90 access, UP Rail adjacent. Enterprise Zone benefits apply. Primary access via signaled intersection at Irene Rd/US 20; secondary access through adjacent industrial park via Morreim Dr. Business friendly municipality ready to assist. Additional 60-acres at Irene Rd hard corner available via separate owner (call broker for details). Price subject to offer based on project scope.

Additional Details

Nearest MSA: Rockford
County: Boone
Tax ID/APN: 05-33-300-002; 05-33-300-004; 05-33-300-005; 05-33-100-006
Zoning: AG
Property Visibility: Excellent
Largest Nearby Street: US Route 20
Feet of Frontage: 2,000
Traffic/Vehicle Count: 20,000
Highway Access: Bypass 20 adjacent; Full I-90 access less than 1/2 mi.
Rail Access: Yes
Airports: Chicago/Rkfd Int'l Airport, O'Hare
Site Description: Flat
Lot Frontage: 20,000
Zoning Description: Currently zoned AG with approvals for industrial and commercial development.
Part of Planned Development?: Yes
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,761 20,215 55,325
Median Age: 42.84 36.21 40.3
Households: 701 7,345 20,921


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