21,000 sq ft manufacturing site and buildings

Industrial for Sale
Catylist Listing ID: 30587619
Property Subtypes: Flex Space, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 21,000 SF
Gross Building Area: 20,000 SF
Gross Land Area: 130,680 SF
Sale Price: $99,999
Unit Price: $4.76 PSF
Docks/Doors: 5 Docks
Office SF: 2,000 SF
Drive In Bays: 4 Bays
Property Use Type: Vacant/Owner-User
Building Name: Insul-Mor
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2020

Overview / Comments

Previously used as an cellulose insulation manufacturing factory, this property is currently used a market for repurposed items. Multiple building were added as the business grew including storage, loading docks, offices. Building are in fair condition. Price for the land and the access to the railway in the back of the property.

Additional Details

Nearest MSA: Rochelle
County: Ogle
Submarket Type: Other
Taxing Authority: Ogle County
Tax ID/APN: 16-09-126-001
Zoning: B-1
Property Located Between: Illinois Rt 2 Oregon and Dixon
Highway Access: Illinois RT 2 is 1 mile away
Rail Access: Yes
Airports: Chicago Regional Airport at Rockford, Dixon Airport
Site Description: Used as manufacturing, currrently used a light retail
Area Description: On the west edge of Oregon, near other Industrial sites
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Number of Stories: 1
Property Condition: Fair
Year Built: 1976
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Sprinklers: None
X-Phase: 440 Three Phase
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Window Unit
Lighting: Fluorescent
Internet Access: DSL
Zoning Description: B-1 but this was used as manufacturing and is surrounded by I-1
In Flood Plain?: Yes
Water Service: Well
Sewer Type: Septic
Easements: Other
Easements Description: City of Oregon was a drain off easement on the west side of the property
Land Ownership: IL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,756 4,119 9,680
Median Age: 41.13 43.3 45
Households: 1,200 1,794 4,194

Contact

Photograph of Listing Agent

Kitty Moring, GRI,SFR

The Moring Group, LTD CMCPEX Member
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