6212 Material Ave - Warehouse FOR SALE


Loves Park, IL 61111- Outer Loves Park/Machesney Park
$2,042,400 USD
847-456-8417
6212 Material Ave, Loves Park, IL for Sale
$2,042,400 USD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

6212 Material Ave
Loves Park, IL 61111
Outer Loves Park/Machesney Park


HIGHLIGHTS

  • Located in the exclusive I-39 Corridor submarket
  • ±20,000 SF of office space within a 34,040 SF facility
  • Two docks, two drive-in doors, and 16’ clear height
  • Enterprise Zone benefits and 0% municipal property tax
  • Minutes from I-90 and three major airports

OVERVIEW

Positioned in the heart of the I-39 Corridor submarket, 6212 Material Ave offers a rare opportunity to acquire a fully stabilized, high-image industrial facility in Loves Park, Illinois. This 34,040 SF manufacturing and distribution asset includes approximately 20,000 SF of office space and sits on 1.83 acres, providing ample room for operations and future expansion. The property features two loading docks, two drive-in doors, 16-foot clear heights, and a fully sprinklered interior, making it ideal for heavy manufacturing or logistics operations. With ample car parking and a lease in place through February 2026, investors benefit from immediate income and long-term upside. Loves Park is a business-friendly municipality offering 0% municipal property tax, seven TIF districts, and an Enterprise Zone partnership with the State of Illinois that forgives sales tax on fixed materials for new construction. The city’s streamlined development process supports projects from zoning to ribbon cutting, making it an attractive environment for industrial growth. Strategically located just 3.9 miles from I-90, the property provides direct access to major transportation arteries. It’s within 60 minutes of Chicago O’Hare, 75 minutes to Milwaukee Mitchell, and only 15 minutes from Rockford-Chicago International Airport—the fastest-growing cargo airport in the world. Surrounded by major corporations like Costco, Woodward, Mondelez International, and Danfoss, this asset is situated in a historically low-vacancy submarket with rising rental rates and strong absorption trends. The I-39 Corridor recorded a 0.6% vacancy rate and an 11.5% YOY increase in rental rates as of Q2 2024.

FOR SALE DETAILS

PRICE

$2,042,400 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.83

LAND SF

79,651

ZONING

IL

APN/PARCEL ID

12-05-101-003

ASK ABOUT THIS PROPERTY

Al CaruanaCushman & WakefieldMore Info
847-456-8417

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Al CaruanaCushman & WakefieldMore Info
847-456-8417

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.