1501 Baxter RdRockford, IL 61109

  • Industrial properties
  • 51,520 SF
For Sale
$2,800,000 View listing

Property Details for 1501 Baxter Rd

Year built
2008
Construction
STEEL FRAME
Lot size
17.60 AC
Property size (Sq ft)
51,520 SF
Zone code
I1
Property type
Industrial properties
APN
15-35-100-008
APU
1535100008

Description

This exceptional 51,345-square-foot industrial building in Rockford, Illinois, presents a unique investment opportunity. Situated on a sprawling 19.6-acre lot, the property boasts approximately 1,400 feet of private rail spur running alongside the building, providing seamless freight transportation. An expansive 8-acre compressed stone outdoor yard offers ample space for storage, parking, or future expansion. The single-story, 2009-built structure features a 22-foot ceiling height, enhancing operational efficiency. Loading and unloading are facilitated by five oversized grade-level doors, including one adjacent to the rail spur, and two dock-high doors equipped with shelters and levelers. While currently uninsulated and unheated except for electric heat in the riser room (with a dry sprinkler system), the building's adaptable design allows for future modifications to suit diverse operational needs. The property is zoned for light industrial use and includes APN numbers 15-35-100-008 and 15-35-100-009. The asking price is $2,800,000, translating to $54.53 per square foot. This property is ideal for businesses requiring substantial storage, rail access, and outdoor yard space. The location in Winnebago County, Illinois, at 1501 Baxter Rd, Rockford, IL 61109, offers convenient access to major transportation routes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,647,839
    Hospitality
    $9,753,363
    Educational
    $8,114,684
    Medical
    $8,393,760
    Retail
    $12,622,841

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.1647
Longitude
-89.0872
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN 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
$33,995
$45,068
$286,883
$331,951
-
$135,204
$860,649
$995,853

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].