603 2Nd AveRochelle, IL 61068

  • Commercial real estate
  • 14,594 SF
For Sale
$224,900 View listing

Property Details for 603 2Nd Ave

Year built
1988
Property size (Sq ft)
14,594 SF
Property type
Commercial real estate
APN
24-24-384-008
APU
2424384008

Description

This versatile mixed-use commercial property at 603 2nd Avenue in Rochelle, Illinois, presents a unique investment opportunity. The building boasts a spacious 40 x 54-foot heated shop, equipped with five heavy-duty commercial dock doors and a semi-truck approach, ideal for warehousing or distribution. Inside, the shop benefits from added overhead storage. The office space includes several rooms, one currently configured as a reception area, and others as private offices, all featuring heating and air conditioning. Two half-bathrooms are conveniently located within the office area. The interior has been recently updated with approximately 90% new paint. The property also includes a significant fenced-in lot measuring 124 x 82 feet, providing ample space for additional parking, expansion, or other uses. There is potential for approximately twelve inside parking spaces. The building has a long history of successful commercial use as a warehouse and business. Its convenient location near interstate roads offers excellent accessibility. Note that there is a small encroachment on railroad property, currently assessed at $903.00 annually, subject to a 3% yearly increase. This property is perfect for entrepreneurs seeking to establish a new business or for existing companies looking to expand their operations. The combination of office space, substantial warehouse area, and generous outdoor space makes this a truly exceptional opportunity.

Location Insight

City
Rochelle
County
Ogle
State
Illinois
Latitude
41.9208
Longitude
-89.0677
CBSA code
40300
CBSA name
ROCHELLE, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,896
$5,597
$27,159
$32,756
-
$16,791
$81,477
$98,268

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