For Sale | 1122 Millford Avenue, Rockford, IL

Industrial for Sale
Catylist Listing ID: 30537405
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 305,000 SF
Gross Land Area: 24.92 Acres
Sale Price: $6,200,000
Unit Price: $20.33 PSF
Docks/Doors: 18 Docks
Office SF: 6,500 SF
Drive In Bays: 7 Bays
Property Use Type: Vacant/Owner-User
Building Name: 1122 Millford Ave., Rockford, IL
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/30/2020

Overview / Comments

BUILDING FEATURES
+ 305,000 SF
+ 23.49 acres
+ 231 parking (expandable)
+ Approx. 10 acres available (expansion)
+ Incentives: Located in Enterprise Zone and Rockford Global Trade Park TIF
+ Well maintained property adaptable for variety of uses
+ 4,200 SF outlot building
+ Heavy power with 4,000 Amp+ service including separate 2,000 amp services
on both north and south ends of building
+ Clear heights up to 26’
+ Fully sprinklered
+ LED lighting in over 80% of building
+ Approx. 10 acres available for expansion of building and/or additional
truck/car parking
+ Potential for railroad spur
+ Partially fenced
+ Easily configured for single or multi-tenant occupancy

LOCATION HIGHLIGHTS

+ Located just west of Rte. 251
+ 1.5 miles to Bypass 20
+ Easy connection to I-39 and I-90
+ Potential road extensions along both east and west sides of property.
+ Situated directly east of the Chicago Rockford International Airport
+ 1 hour and 10 minutes to O’Hare
+ 30 minutes to I-88 and UP Global 3 intermodal facility in Rochelle
+ 30 minutes to IL/WI state line

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1514426001
Zoning: ENTERPRISE ZONE
Property Located Between: IL-251 and Milford Ave.
Highway Access: Easy connection to I-39 and I-90
Airports: Chicago Rockford International Airport
Site Description: Well maintained property adaptable for variety of uses
Area Description: Near Chicago Rockford International Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Renovated: 1997
Parking Type: Surface
Parking Description: 231 spaces (expandable)
Total Parking Spaces: 231
Sprinklers: Other
Lighting: LED

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,780 35,165 99,606
Median Age: 39.86 35.73 36.07
Households: 1,067 13,930 38,709

Contact

Photograph of Listing Agent

Karen Walsh

CBRE, INC. CMCPEX Member
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