1947 Lyford Rd, Rockford, IL 61107
2,200 SF Specialty Building Offered at $6,200,000 in Rockford, IL 61107
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $6,200,000
- Property Type
-
Specialty
- Square Feet
- 2,200 SF
- Price / Square Foot
- $2,818
Listing Contacts
Thomas Ewing
Verified Profile
- Property Info
Property Overview
Great opportunity to own this unique investment in an area of Rockford with future growth planned! This property consists of an office building with 4,330 sq. ft., two outbuildings consisting of 4,285 sq. ft., and six self-storage buildings with 209 units. The storage facility was expanded in 2018 and 2022 and an additional expansion of 4 storage buildings is underway bringing the total storage unit count to 361 when completed. This sits on 7.05 acres of land. The frontage on N. Lyford Road has 625 feet with multiple ingress and egress points. This property is located between the newly constructed Mercy Hospital, SportsCore 2, and the new Rockford Casino (to be completed in about one year). I-90 is only minutes away! The 2022 real estate taxes were $28,433.00.
Property Details
- Class
- B
- Year Built/Renovated
- 1966/2023
- Stories
- 1
- Property Subtype
- Self-Storage, Storefront Retail/Office, Medical, Service
- Lot Size (sq. ft)
- 91,912 SF
Highlights
- Great opportunity to own this unique investment in an area of Rockford with future growth planned!
- Property consists of an office building with 4,330 sq. ft., 2 outbuildings consisting of 4,285 sq. ft., and 6 self-storage buildings with 209 units.
- The storage facility was expanded in 2018 and 2022 and an additional expansion of 4 storage buildings is underway for a total of 361 units.
- The frontage on N. Lyford Road has 625 feet with multiple ingress and egress points. I-90 is only minutes away!
- This property is located between the newly constructed Mercy Hospital, SportsCore 2, and the new Rockford Casino (to be completed in about one year).
- This sits on 7.05 acres of land. The 2023 real estate taxes were $29,113.48.
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