720 Kennon Road Rockford, IL ^$ 400,000

720 Kennon Road

^$ 400,000

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720 Kennon Road

Rockford, IL, 61109

^$ 400,000

Studio Baths0.0 Sq 7,750

Monthly Estimate*

^$ 2,659

720 Kennon Road, Rockford, IL 61109 - Image 1

720 Kennon Road, Rockford, IL 61109 - Image 2

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720 Kennon Road, Rockford, IL 61109 - Image 5

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720 Kennon Road, Rockford, IL 61109 - Image 8

720 Kennon Road, Rockford, IL 61109 - Image 9

720 Kennon Road, Rockford, IL 61109 - Image 10

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Studio

Commercial Property for sale in Rockford, IL

for $400,000. This 7,750 square foot building was built in 1950 on a lot size of 1.02.

Amazing location and perfect for truck terminal, warehousing, auto-repair, landscaping, and more! Over one-acre land in a industrial park. 2 minutes' drive to interstate highway I-90, under one hour's drive to O'Hare International Airport. More than 25 truck and trailer parking spaces, 6 docking stations, 15' tall doors, big warehouse and shops great for truck repair or maintenance, newly remodeled offices. With the large lot and incredible location, this site presents abundant opportunity for other industrial uses or conversion. Schedule your showing appointment today!

Commercial Active

Price

^$ 400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,742

Style

Lot Size

1.02

Year Built

1950

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

12021388

Features

General

Cooling Central Air

Zoning INDUS

Year Built 1950

Electric Other

Tenant Pays Air Conditioning Electricity Heat

Stories 1

Township Rockford

Property SubType Condominium

Tax Year 2021

Gross Income 104000

County Winnebago

Net Operating Income 98000

Operating Expense 4000

Property Type Commercial Sale Industrial

Possible Use Commercial Industrial Office and Research Development Special Use

Status Active

Directions From I-90 Take exit 17 for I-39/US 51 toward us 20. Then take IL 251N-11TH ST EXIT Turn left on Sandy Hollow Rd turn right Kishwaunee and then right on Kennon Rd

City Rockford

NumberOfUnitsTotal 1

MLS Area Rockford

Lot Size Square Feet 44431

Street Name Kennon

Tax Annual Amount 5742

Additional Parcels Y/N Y

Leasable Area 7750

Days on Market 62

Standard Status Active

Exterior

Building Area Total 7750

Lot Dimensions 1.02 AC

Interior

Street Suffix Road

* Excluded Features

List By

Coldwell Banker Realty

Broker

shelley7@gmail.com;shelley7@gmail.com

Affordability Calculator

$3,137

Per Month

Monthly Principal & Interest: $2,659
Monthly Property Taxes: $479
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Rockford, IL

Average List Price ^$338,363

Percent of Sale Price 15%

About Rockford, IL

147,353 Population

-4% Since 2002

^$40,556 Median Income

37.69 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$400,000		Listed Price

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720 Kennon Road, Rockford, IL, 61109 is a Commercial Property for sale at $400,000 with 7,750 sqft and a lot size of 1.02. 720 Kennon Road is a studio with 0.0 baths and was built in 1950. The property's zip code is 61109 which is in Rockford, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/12/2024.

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720 Kennon Road

Commercial Property for sale in Rockford, IL

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