449 Gardner StSouth Beloit, IL 61080

Property Details for 449 Gardner St

Year built

1906

Property size (Sq ft)

115,263 SF

Property type

Industrial properties

APN

04-05-179-003

APU

405179003

Description

This exceptional 115,263 square foot industrial property, located at 449 Gardner St in South Beloit, Illinois, presents a unique investment opportunity. The property, zoned IH, sits on a generous 4.76-acre lot (APN 04-05-326-007) and boasts a versatile layout ideal for a variety of uses. The building includes a substantial 20,000 square foot testing laboratory, a dedicated 6,000 square foot engineering area, and a well-equipped 4,200 square foot model shop featuring 3D printing capabilities. A significant portion of the building, approximately 32,000 square feet, comprises recently renovated (2022) office space designed for flexible, mobile, and collaborative work environments. The property also includes ample factory/warehouse space, enhancing its operational versatility. The strategic location, just two miles from I-90/39 exit, provides convenient access to major transportation routes and the amenities of nearby Beloit, Wisconsin. This single-tenant building is offered at $3,000,000 and comprises two units. The property's combination of modern office space, advanced laboratory facilities, and substantial warehouse area makes it an attractive proposition for a wide range of industrial and research-oriented businesses. This is a rare opportunity to acquire a high-quality, well-located industrial property with significant potential for growth and return on investment.

• Alternative Use

  Use

  Valuation

  Residential

  $23,821,854

  Hospitality

  $21,820,690

  Educational

  $18,154,558

  Medical

  $18,778,920

  Retail

  $28,240,422

Location Insight

City

South Beloit

County

Winnebago

State

Illinois

Latitude

42.4935

Longitude

-89.0337

CBSA code

40420

CBSA name

ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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