1202 20Th AveRockford, IL 61104

For Sale
$70,000

Spacious industrial building, needs TLC, great location.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 24,644 square foot all-brick industrial building presents a remarkable investment opportunity in Rockford, Illinois. Located at 1202 20th Avenue, this property boasts significant potential for a variety of uses. The building features four large bin doors, providing convenient and efficient access for loading and unloading. Its spacious layout allows for flexible configuration, making it ideal for single-tenant occupancy or subdivision into multiple rental units. An upstairs area includes employee breakrooms and restrooms, adding to the building's functionality. Previously utilized as a mechanics shop, the property requires some renovations and a new roof. However, a completed environmental report confirms no environmental concerns, simplifying the acquisition process. The building's substantial size, strategic location, and versatile design make it an attractive prospect for investors and businesses seeking a substantial industrial space in Rockford. The asking price of $70,000 reflects the opportunity for significant value appreciation after necessary improvements. Don't miss this chance to acquire a prime industrial property with immense potential.

Property Details for 1202 20Th Ave

Property type
Other commercial real estate
Square Feet
24,644 SF
Year Built
1924

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.24598
Longitude
-89.07859
1202 20Th Ave, Rockford, Illinois

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1202 20Th Ave
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