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740 Logistics Dr
Belvidere, IL 61008

I-90 Corridor Industrial Site: 5.07 ac · Land For Sale · 5.07 AC

Investment Highlights

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

Executive Summary

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.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 5.07 AC

1 Lot Available

Lot

Price $628,759 CAD
Price Per AC $124,015 CAD
Lot Size 5.07 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-33-200-020
Land Assessment
$1,999 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,999 CAD

zoning

Zoning Code Light Industrial
Light Industrial
  • Listing ID: 6611979

  • Date on Market: 2017-04-04

  • Last Updated:

  • Address: 740 Logistics Dr, Belvidere, IL 61008

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