Phils Power Plus

Special Purpose for Sale
Catylist Listing ID: 30758883
Property Subtypes: Salvage Yard
Building Size (RSF): 5,183 SF
Sale Price: $598,750
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/20/2021

Overview / Comments

Established in 1950, Phils Power Plus has been in operation for over 70 years serving the greater Rockford region. The current owners have operated the business for the last 30+ years. State licensed inspections, towing, salvage, along with maintenance and repair.

+ IDOT Licensed Safety Inspection Lane for truck, trailer,
rebuilds, and school bus.
+ 3 truck towing operation. 1 heavy duty tow truck and
2 flatbed tow trucks.
+ Salvage Yard License with the City of Rockford
+ Recyclers, Rebuilders, and Repair Licenses
+ Medium to heavy truck repair operations
+ Welding operations

Attachments & Media

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: City of Rockford
Tax ID/APN: 1135327020
Zoning: LIGHT INDUSTRIAL
Largest Nearby Street: Kishwaukee Road
Feet of Frontage: 282
Highway Access: US Highway 20 minutes away
Airports: Chicago Rockford International Airport
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,183 SF
Property Condition: Average
Year Built: 1925
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Wall Units
Internet Access: Fiber Optic
Zoning Description: Light Industrial
Lot Frontage: 282
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,904 93,055 170,042
Median Age: 29.24 33.82 37.13
Households: 4,254 35,642 66,932

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