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Opportunity Available at Fairgrounds Road

8122 Fairgrounds Road
Belvidere, IL 61008
US

Financials

Sale Price: --

Lease Price: --

Terms:

Sq. Ft.: --

Acres: 1.5

Tax: --

Tax Year: --

Features

In City Limits

Building

Sub-dividable

Expandable

Land

Build To Suit

Shovel-Ready

Industrial Park

Business Park

100-Year Flood Plain

Phase 1 Environmental Audit Complete

Utilities

Water

Sewer

Electric

Natural Gas

High Speed Telecom

Transportation

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Broker Info

Real Estate Agent / Broker

Nathan Bryant

Bryant Commercial Group

Mobile:  815-218-1371

Office:  815-200-6004

nathan@bryantcg.com

_________________________________________________________________________________________

Economic Development Contact:

Pamela Lopez-Fettes

Growth Dimensions

401 Whitney Blvd.

Belvidere, IL 61008

Mobile:  815-355-2250

Office:  815-547-4252

pfettes@growthdimensions.org

 

Details

Details

Property Type:  Retail

Subtype: Auto Shop

Investment Type:  Value Add

Tenancy:  Multi

Square Footage  3,654

Units:  3

Years Built:  1925, 1981

Year Renovated:  1960

Buildings:  2

Stories:  2

Zoning:  B-2

Lot Size (acres):  1.5

APN:  05-23-326-009

Marketing Description

For over 30 years this property has been occupied by Superior Motor Car Co. The commercial building contains a spacious showroom, office, restroom and auto shop. The multifamily building is comprised of a one bedroom unit and a two bedroom unit.

 Close proximity to US-20

Average Daily Traffic 4,900 VPD

 Strong population growth

 714 businesses in a 3 mile radius

Investment Highlights

The one bedroom unit is leased for $500 a month. Leased month to month.

The two bedroom unit is not leased and has value add opportunity.

Category

Enterprise Zone, Site

Posted On: 07-05-2023
Last Updated: - 2 months ago