711 Harrison AveRockford, IL 61104

  • Industrial properties
  • 113,121 SF

Property Details for 711 Harrison Ave

Year built
1954
Construction
FRAME
Lot size
16.86 AC
Property size (Sq ft)
113,121 SF
Zone code
I1
Property type
Industrial properties
APN
15-02-204-003
APU
1502204003

Description

This exceptional 581,170-square-foot industrial property, situated on 36.08 acres in Winnebago County, presents a significant opportunity. The single-story, Class C building, constructed in 1943, features a 24-foot ceiling height and offers multiple tenancy options. Currently, there are two available spaces ranging from 34,539 to 73,120 square feet, totaling 107,659 square feet of vacant space. The property boasts a prime location on Harrison Avenue and Kishwaukee Street, within Rockford's thriving industrial and manufacturing corridor. Its strategic position provides easy access to major transportation arteries, including Interstates I-90 and I-39, as well as Route 20. Truck parking is available on-site, enhancing logistical efficiency. The property benefits from the interconnectivity of rail, air, and road systems, with proximity to the 19th largest cargo airport in the United States. The zoning is commercial, and the property includes 25 total parking spaces. While elevators are not present, the single-story design optimizes functionality. This is an ideal location for businesses seeking efficient access to transportation networks and a strong industrial presence. The property's size and location make it suitable for a variety of manufacturing and industrial uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $68,845,512
    Hospitality
    $63,062,116
    Educational
    $52,466,940
    Medical
    $54,271,360
    Retail
    $81,615,240

Location Insight

City
Rockford
County
Winnebago
State
Illinois
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
$23,527
$65,801
$160,783
$226,584
-
$197,403
$482,349
$679,752

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