Retail-Commercial for Sale
Catylist Listing ID: 30433428
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 48,600 SF
Gross Land Area: 13,300 SF
Sale Price: $1,499,000
Unit Price: $30.84 PSF
Property Use Type: Vacant/Owner-User
Building Name: REVERS MARINE
Usable Size (USF): 48,600 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2021

Overview / Comments

Prime redevelopment property with 132 Ft. of river frontage in downtown Rockford. Adjacent to popular Rockford City Market.
Building typical of 19th Century warehouse with wooden floors and heavy beams. All floors are open with central elevator.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Winnebago County, IL
Tax ID/APN: 1123329001
Zoning: C-4
Property Located Between: E. State St. and Prairie St. on Water St.
Highway Access: East State St. (Bus. Rt. 20)
Airports: Chicago/Rockford International Airport
Site Description: 132 Ft. of Rock River frontage
Area Description: Popular east side downtown Rockford.
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 12,000 SF
Property Condition: Fair
Year Built: 1890
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: Parking rights adjacent to north side of property
Freight Elevators: 1
Sprinklers: Dry
Heat Type: Other
Heat Source: Other
Interior Description: Vacant industrial building typical of age. Open floorplan.
Zoning Description: C-4
Lot Frontage: 132
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,922 112,679 180,430
Median Age: 32.85 34.79 36.98
Households: 7,538 43,894 71,466


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