901 9Th StRockford, IL 61104

Property Details for 901 9Th St

Year built

1923

Construction

STEEL FRAME

Property size (Sq ft)

69,285 SF

Zone code

I1

Property type

Industrial properties

APN

11-26-437-010

APU

1126437010

Description

This exceptional investment opportunity presents a 69,285 square foot, multi-tenant manufacturing facility situated on a 3.39-acre lot in Rockford, Illinois. The property, located at 901 9th St, 61104, is a Class B building constructed in 1976 and features two stories. With a total of 77,350 net rentable square feet, the asking price is $975,000, translating to $14.07 per square foot. The property boasts a solid tenant mix, offering immediate cash flow and significant value-add potential. Features include three dock-high doors, ample parking (20 spaces), and varying ceiling heights ranging from 10 to 18 feet. The building is equipped with wet sprinklers and benefits from a surplus of electricity. The I1 zoning permits a variety of uses. This hidden gem provides flexibility for owner-occupancy, combining strong rental income with the potential for expansion or customization. The property's strategic location in Winnebago County offers easy access to major transportation routes. This is a rare opportunity to acquire a well-maintained, multi-tenant industrial property with substantial upside.

• Alternative Use

  Use

  Valuation

  Residential

  $14,319,401

  Hospitality

  $13,116,494

  Educational

  $10,912,769

  Medical

  $11,288,076

  Retail

  $16,975,418

Location Insight

City

Rockford

County

Winnebago

State

Illinois

Latitude

42.258

Longitude

-89.0779

CBSA code

40420

CBSA name

ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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