Courtesy: EatZ Real Estate Group LLC
847-651-3834
Nestled in the heart of Rochelle, IL, at 205 Powers Rd, this cherished family-owned motel presents a unique investment opportunity. For over four decades, this property has been a staple of hospitality, offering both short-term accommodations and long-term tenancies. Situated on a generous .89-acre lot, it features an expansive parking area and a serene, grassy space behind the building, ideal for guest relaxation or potential expansion. The motel spans 3,684 square feet, with a total of 11 units divided into 5 single rooms, 5 double rooms, and a spacious 2-bedroom apartment, complete with a bathroom, living room, and kitchen. This apartment offers a perfect living solution for an onsite owner or manager, blending business with comfort. The facility also includes a small office area to facilitate smooth operations. Financially, this property has consistently demonstrated solid performance, with normal annual income ranging from $60,000 to $70,000. This is supported by a blend of short-term room rates-$50 per night for a single room and $60 for a double, with weekly rates of $300 and $350 respectively-and monthly rentals to long-term tenants. These tenants, five in total, contribute significantly to the motel's stability and income, with annual rent from regular tenants alone amounting to $53,160, before even considering motel rentals. The property's expenses are well managed, with total costs in 2023 (including property taxes) amounting to $21,921.81, leading to an average annual profit between $40,000 and $50,000 for the owners. It boasts a new roof installed 12 years ago and well-maintained mechanical systems, ensuring that the next owners will inherit a property in good working order. Located at 205 Powers Rd, Rochelle, IL 61068, this motel not only offers a solid financial foundation but also potential for growth. Whether maintaining its current operation, enhancing its promotion and advertising, or converting it into studio/efficiency apartments, the possibilities are vast. This opportunity is particularly appealing for those looking to step into a well-established business with room for innovation and expansion. The current owner, seeking retirement after years of dedication, has managed the property with minimal onsite presence, highlighting a significant opportunity for improvement and increased profitability for hands-on management. This is an excellent chance for someone ready to take this longstanding establishment to new heights, building on its legacy and exploring new avenues for success. In summary, 205 Powers Rd offers a blend of tradition, potential, and financial stability, making it an attractive proposition for anyone looking to invest in the hospitality industry or explore the realm of property management and development.
Courtesy: Hayden Real Estate, Inc.
815-562-2111
Located on 1/2 acre. Built in 1995 by Phalen Steel, this block & brick building has 1,620 sq. ft. that includes two drive-thru bays, 3 phase power, and RMU utilities. 21 car per day average with $70 per ticket average. Business and real estate included. All financials available upon signing of nondisclosurer agreement.
Courtesy: Home Zone Realty Inc
815-901-7414
Welcome to the heart of Rochelle's bustling downtown district, where business meets convenience and opportunity! This stunning office space is now available for sale, offering you 2,800 square feet of premium commercial real estate. This property is perfectly positioned for your next business venture Size: 2,800 sqft Prime Downtown Location Versatile Floor Plan Ample Natural Light Well-Maintained Building within Walking Distance to Shops and Dining. Ideal for Various Businesses Interior Features This office space boasts a versatile floor plan, making it suitable for a wide range of businesses and setups. The interior is flooded with natural light, creating a comfortable and productive work environment for you and your team. With well-maintained features, this property is ready to accommodate your business needs.
Courtesy: RE/MAX of Rock Valley
815-732-9100
RARE OPPORUNITY, 6.55 ACRES WITH DEVELOPMENT OPPORUNITY ADJACENT TO THE ROCHELLE WAL-MART! Discover the endless potential for growth and development in Rochelle, IL by purchasing this investment property. This site offers several access points and is located in a thriving retail and mixed use development area. Utilities are located nearby and it is zoned for commercial development. Easy access and high visibility. Call for more information today.
Courtesy: Bearrows Real Estate & Auction Co
815-562-5113
This formerly was a state-of-the-art Seed Research center, with 2 large greenhouses that have updated automatic shutters and heaters for year-round growing. The office complex features 12 offices and 3 labs on the first floor, and in the lower level there are offices, large storage areas, seed vaults (With filtration and cooling), furnace room and more. Fire protection is with City water fire suppression sprinkler system (Updated). All electric has been updated. This property also includes a 45ft x 30ft cold storage pole barn. The building is all brick and has been impeccably maintained. Internet hookups, security system and newer furnaces in the office portion. The property includes 2 Greenhouses approx. 1600 sq ft each, complete with heat and water. Attached to the greenhouse is a 1600 sq ft climate-controlled room. This property lends itself to many possibilities. Take a look today at your next venture..
Courtesy: Hayden Real Estate, Inc.
815-562-2111
Industrial property conveniently located on Wiscold Drive. This area has an 80,000 pound industrial road, all city utilities, and convenient access to I-88 and I-39. Owner occupied.
Courtesy: RE/MAX Hub City
815-562-7588
Commercial building with many possibilities. Office spaces with heat and A/C. One used as reception area, others as private offices. 2 half baths. 40 x 54 heated shop with 5 dock doors featuring heavy duty Commercial doors with a semi approach. Possible 12 inside parking spaces. Has added overhead storage. Inside 90% new paint. Small encroachment on railroad 903.00 goes up 3% per year. Extra 124 x 82 fenced-in lot with plenty of room for parking or other oppuntunties. A great place to start or expand your business.Used for a warehouse and business for many years. Located close to interstate roads. Call for a private showing.
Courtesy: Hayden Real Estate, Inc.
815-562-2111
Located on 1.43 acres. This 7,200 sq. ft. steel building has fully insulated walls & ceiling. There are six overhead doors with openers, two drive thru bays, three workstations, mezzanine storage, waiting room, and breakroom and bathroom off of shop. The showroom has 2 private offices & 2 bathrooms.
Courtesy: J.Jill Realty Group
815-991-5405
Income producing medical office building with tenant in place! Located in rapidly growing retail/business area minutes from IL 38/39 exchange. Current tenant would like to continue with 2-3 year lease with option to extend. Updated Shared breakroom, private and public bathrooms. Large exam rooms each with sink/counterspace, office rooms. Great investment opportunity!
Courtesy: Hayden Real Estate, Inc.
815-562-2111
All Brick Office Building for sale with 4050 sqft and a new, 35 year ROOF and gutters (installed Summer 2023). Located just one building north of Highway 38 through Rochelle, IL with great access and visibility. Also located just 1 mile west of Interstate 39. The building has 3 units and a common vestibule area with 2 bathrooms. Current tenant in the building includes a physical rehab clinic. Their are two units for lease. One is 1416 sqft and formerly a State Farm unit and the other is 1822 sqft which was formerly a dental office.
Rochelle is located in Illinois. Rochelle, Illinois has a population of 9,293. Rochelle is more family-centric than the surrounding county with 35.8% of the households containing married families with children. The county average for households married with children is 30.19%.
The median household income in Rochelle, Illinois is $47,088. The median household income for the surrounding county is $57,655 compared to the national median of $57,652. The median age of people living in Rochelle is 35.7 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 37.1 inches per year, with 30.5 inches of snow per year.
