770 Wiscold DrRochelle, IL 61068

  • Industrial properties
  • 4.23 AC
For Sale
$1,000,000 View listing

Property Details for 770 Wiscold Dr

Lot size
4.23 AC
Property type
Industrial properties
APN
25-29-300-021
APU
2529300021

Description

This exceptional industrial property, situated at 770 Wiscold Drive in Rochelle, Illinois, presents a compelling investment opportunity. Spanning 15,750 square feet and encompassing 4.23 acres of land, this property offers significant potential for a variety of industrial uses. Its strategic location on Wiscold Drive provides easy access to major transportation arteries, including Interstates 88 and 39, facilitating efficient logistics and distribution. The site benefits from an 80,000-pound industrial road, ensuring ample capacity for heavy vehicles and equipment. All city utilities are readily available, simplifying operational needs and reducing infrastructure concerns. Currently owner-occupied, this property offers the chance to acquire a well-established industrial space or to reposition it for a new business venture. The substantial size of the property, combined with its convenient location and robust infrastructure, makes it an attractive prospect for businesses seeking a strong foothold in the Rochelle industrial market. The asking price is $1,000,000. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $38,081,524
    Hospitality
    $34,882,472
    Educational
    $29,021,808
    Medical
    $30,019,912
    Retail
    $45,145,032

Location Insight

City
Rochelle
County
Ogle
State
Illinois
Latitude
41.9084
Longitude
-89.0352
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
$21,036
$92,000
$140,000
$232,000
-
$276,000
$420,000
$696,000

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