About 3405 Lonergan Drive
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 8.2 cap rate, strong location fundamentals, and solid tenancy, this property delivers the reliable performance investors seek in today's market.
Features of 3405 Lonergan Drive
| MLS® # | 12727929 |
|---|---|
| Price | $750,000 |
| Bathrooms | 0.00 |
| Acres | 1.12 |
| Year Built | 1975 |
| Type | Commercial Sale |
| Sub-Type | Industrial |
| Status | Active |
| Taxes | $15,138 |
Community Information
| Address | 3405 Lonergan Drive |
|---|---|
| Area | Rockford |
| City | Rockford |
| County | Winnebago |
| State | IL |
| Zip Code | 61109 |
Amenities
| Is Waterfront | No |
|---|---|
| New Construction | No |
| Has Pool | No |
Interior
| Cooling | Office Only |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Block |
|---|---|
| Roof | Membrane, Rubber |
Additional Information
| Days on Market | 8 |
|---|---|
| Zoning | INDUS |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Charles Rutenberg Realty of IL |
|---|