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6320 Material Ave 78,900 SF 100% Leased Industrial Building Loves Park, IL 61111 $5,261,112 CAD ($66.68 CAD/SF)
Executive Summary
78,900 SF industrial facility situated on approximately 3.27 acres in the established Loves Park industrial corridor, offered for sale at $3,785,000 ($47.97/SF). This versatile facility is well suited for manufacturing, warehousing, distribution, assembly, contractors, logistics, or other industrial users:
• ±2,000 SF office space
• 18' clear height
• 7 loading docks
• 3 drive-in / grade-level doors
• Fully sprinklered
• Light Industrial zoning
• Ample on-site parking
• Convenient access to I-90 and the greater Rockford/Loves Park market
• Located within the established I-39 Corridor industrial submarket
• Located within the Loves Park–Machesney Park Enterprise Zone, offering potential incentives for qualifying investment and improvements, including sales-tax benefits on eligible building materials
• Potential TIF incentives may be available for qualifying redevelopment projects
• Loves Park maintains a 0% municipal property-tax levy and actively promotes business expansion and redevelopment
• Excellent opportunity for an owner-user, manufacturer, distributor, or investor seeking a substantial industrial facility at under $48/SF
• Sale Price: $3,785,000.
• ±2,000 SF office space
• 18' clear height
• 7 loading docks
• 3 drive-in / grade-level doors
• Fully sprinklered
• Light Industrial zoning
• Ample on-site parking
• Convenient access to I-90 and the greater Rockford/Loves Park market
• Located within the established I-39 Corridor industrial submarket
• Located within the Loves Park–Machesney Park Enterprise Zone, offering potential incentives for qualifying investment and improvements, including sales-tax benefits on eligible building materials
• Potential TIF incentives may be available for qualifying redevelopment projects
• Loves Park maintains a 0% municipal property-tax levy and actively promotes business expansion and redevelopment
• Excellent opportunity for an owner-user, manufacturer, distributor, or investor seeking a substantial industrial facility at under $48/SF
• Sale Price: $3,785,000.
Property Facts
| Price | $5,261,112 CAD | Rentable Building Area | 78,900 SF |
| Price Per SF | $66.68 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1959 |
| Property Type | Industrial | Parking Ratio | 0.27/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Dock-High Doors/Loading | 7 |
| Lot Size | 3.26 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | IL - Industrial | ||
| Price | $5,261,112 CAD |
| Price Per SF | $66.68 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.26 AC |
| Rentable Building Area | 78,900 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Parking Ratio | 0.27/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 7 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | IL - Industrial |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Don's Welding Service Inc
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Don's Welding Service Inc | Construction | - | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 12-05-101-002 | Improvements Assessment | $590,628 CAD |
| Land Assessment | $83,886 CAD | Total Assessment | $674,513 CAD |
Property Taxes
Parcel Number
12-05-101-002
Land Assessment
$83,886 CAD
Improvements Assessment
$590,628 CAD
Total Assessment
$674,513 CAD
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6320 Material Ave
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