Courtesy: MR. LANDMAN
217-202-0924
I am proud to introduce Town & Country (T & C) mobile home park for your consideration. T & C is in Rochelle, IL. It is a "reclassified" 14-pad mobile home park that is on city water & city sewer. Currently the park has fourteen paying tenants making it 100% occupied. All fourteen tenants own their own trailers. The pad rental rate for T & C is $380 per month and we believe it was probably last raised in 2022. It is the belief of the listing agent that this could be increased by the next ownership group. In addition to being on city utilities, this park is close to manufacturing jobs and a large meat packing plant. This park has been stable as a direct result of its proximity to jobs for the tenants of this park. The current tenants are all paid up and current with their rent. The present tenants predominantly pay with money orders that are mailed out in pre-addressed stamped envelopes provided by the current owner. As I mentioned earlier, T & C has been reclassified to a 14-pad mhp. It was originally licensed with the State of Illinois for 30-pads. The new owner of the park could continue to operate the park as it currently stands without making any improvements to the property. However, as the park is no longer in compliance with ordinances put into place by the city of Rochelle, any new permit would require a myriad of improvements that will represent some serious capital expenditures. This park will need some work done to bring it back into compliance and ensure a long future as a mhp in the city of Rochelle. 1st off, there are presently six trailers that are in a floodway. The Illinois Department of Natural Resources and the City of Rochelle agree that trailers can no longer be in the flood way on the west side of the park. That is part of the reason why the park is being reduced from a 30-pad park to a 14-pad park. There are several trailers that can be moved from the west side of the park to the interior portion of the park. However, it was also discovered during the due diligence stage that the main water line in the park was not compliant with the current regulations established by the city of Rochelle. As a result, prior to any new trailers being brought into the park, or any of the current trailers on the west side of the park being moved into the interior circle of the park, the park must upgrade to a 6-inch water main. We have quotes from two contractors to make these repairs, and the asking price is being reduced in a manner to make these repairs worthwhile for the next ownership group.The park consists of 4.72 acres. The roads thru the park are gravel and are considered to be in good condition. The city will require the ownership to asphalt the road through the park once a permit is in place for the replacement water main. Also, the city will require a retention pond to be dug after the asphalt drive is poured in the park. Each pad has its own meters for electric, gas, & water. All utility bills are billed directly to the tenants from the supplier. The water pipes are a combination of plastic & galvanized. The current owner maintains the roads in the park. Tenants are responsible for mowing their own pad. The park owner removes snow, as necessary. There are currently no vacant trailers on the premises. None of the trailers are behind in their taxes or rent. All the trailers have skirting. T & C is an all-age park. This transaction will require cash or financing. Due diligence financials will be limited as the owner has multiple investment properties running under the same account for tax purposes. This is a great smaller park for both beginner and experienced mobile home park owners. It is a low cost park that should be easy to manage for the next owner.
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: 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: 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 9,380. Rochelle is less family-centric than the surrounding county with 21.51% of the households containing married families with children. The county average for households married with children is 27.12%.
The median household income in Rochelle, Illinois is $50,500. The median household income for the surrounding county is $67,534 compared to the national median of $69,021. The median age of people living in Rochelle is 40 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 12 degrees. The average rainfall is approximately 35.7 inches per year, with 27.6 inches of snow per year.
