I-90 Corridor Industrial Site: 5.07 ac

5.07 Acres of Industrial Land Offered at $441,699 USD in Belvidere, IL 61008

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $441,699

Property Type
Land, Industrial

Listing Contacts

C. Shane Van Sickle
C. Shane Van Sickle
Verified Profile
  • Property Info

Property Overview

I-90 Corridor Industrial Site: 5.07 ac Divisible
2 to 5+ acres of shovel ready, light industrial land available for sale or build-to-suit in established industrial park. Convenient access to I-90/39 via Genoa Rd and Irene Rd. The development currently contains a 100,000 sf warehouse/distribution building, a 42,000 sf and 336,000 sf light manufacturing facilities. Enterprise Zone benefits include 0% sales tax on all construction materials and automatic property tax abatements of 80% yr 1; 60% yr 2; 40% yr 3; and 20% yr 4 on all improvements.
Belvidere (greater Rockford area) is centrally located along the I-90 Corridor approximately 80 miles from Chicago and 85 mi from Milwaukee. Better tax and business environment than Chicago and +/- 1 hr from O'Hare Int'l Airport. Rockford area also features its own commercial airport (Chicago Rockford Int'l), UPS Air Hub and an experienced industrial labor force.

Highlights

  • Shovel ready; Services on site
  • Enterprise Zone
  • Good proximity to I-90/39 and US Rte 20
  • Pro business municipality
  • Solid labor force

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