3405 Lonergan Drive, Rockford, IL 61109

$695,000.00
  • 3405 Lonergan Drive, Rockford, IL 61109 Main Photo

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Active
SQUARE FEET12,900 MLS#12727929
STATUSActive PROPERTY TYPECommercial - Industrial

Property Description

Prime industrial investment opportunity in Rockford, IL, offering exceptional proximity to major interstates and regional highways. This 12,900 sq. ft. facility is fully occupied by two stable tenants, providing diversified income and immediate cash flow. With an 9.8 cap rate, strong location fundamentals, and solid tenancy, this property delivers the reliable performance investors seek in today's market.

Property Features

Property Type: Commercial - Industrial
Cooling: Office Only
Lot Size: 1.12 Acres
Roof Type: Membrane, Rubber
Stories: 1.0
Taxes: $15,138
Year Built: 1975

Feature Descriptions

Electric: Power - 240V, Three Phase
Exterior: Block
Fire Protection: Fire Extinguisher/s
Frontage Type: City Street
HVAC: Ceiling Units, Gas
Location: Industrial Park
Lot Dimensions: 48837
Number of Tenant(s): 2
Parcel#: 1605451009
Parking: 6-12 Spaces
Units: 2

Listed By / Shown By

Listed By

Agency Name: Charles Rutenberg Realty of IL

Shown By

Agency Name: The Real Estate Group Inc
Agent Name: Traci Buttrum, Realtor/Broker Owner
Agent Phone: Primary: (309) 267-2359

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