Manufacturing / Corp HQ

Industrial for Sale
Catylist Listing ID: 30583059
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution, Other
Building Size (RSF): 129,795 SF
Gross Building Area: See Agent
Gross Land Area: 24.37 Acres
Sale Price: $4,500,000
Unit Price: $34.67 PSF
Ceiling: 20 ft. Clear
Docks/Doors: 5 Docks, 4 Doors
Office SF: 17,000 SF
Drive In Bays: 4 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/27/2020

Overview / Comments

Well maintained industrial facility in Machesney Park ideal for corporate HQ and/or manufacturing! Current mo-to-mo office tenant in +/- 16,000 sf would stay post-sale. Lots of amenities:
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1) ADDITIONAL 16,000 SF of sprinkled, occupiable lower-level space under office area (full basement at 9'-8" clear). Includes raised floor data room, finished meeting rooms and unfinished space. Ramp and overhead door - unfinished space could be indoor parking. ***Total usable SF including lower level: +/- 145,795***.
2) Heavy power: 5,600a/480v/3ph
3) Separate/adjacent 6 ac land parcel included
4) (5) 1T, (3) 3T and (2) 5T cranes at +/-15' under hook
5) Separate shop restrooms, locker rooms and supervisory offices
6) Cooled shop
7) BUS and air pipe throughout; (1) 120-amp and (2) 60-amp compressors stay
8) Dedicated tool, maintenance and compressor rooms
9) (4) exterior covered docks; (1) interior dock
10) Enterprise Zone and TIF incentive districts!

Attachments & Media

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $114,581 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 0817276005; 0817276002
Zoning: INDUSTRIAL GENERAL
Highway Access: Rte. 251 (N. Second St.) frontage. 3.5 mi to I-90.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1978
Roof Type: Flat
Construction/Siding: Brick, Metal/Glass
Exterior Description: Insulated metal panel (sandwich panel) shop with masonry front office.
Parking Type: Surface
Total Parking Spaces: 296
Column Spacing: 40x50
Overhead Cranes: 10
Sprinklers: Wet
Amps: 5,600
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Wall Units, Ceiling Units
Air Conditioning: Package Unit
Lighting: Fluorescent
Lot Frontage: 1,480
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,384 33,399 84,233
Median Age: 39.68 38.94 40.61
Households: 1,660 12,331 32,873

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