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827 W Progress Dr
Dixon, IL 61021

$2,100,000 USD

Manufacturing For Sale  •  30,000 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 30,000 SF
  • Lot Size 9.94 AC
  • Building Class C
  • Year Built 1980
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning LM
0 Transit Score
3 Walk Score

Highlights

30,000 SF industrial facility on 9.94 Acres.
Single Tenant lease through 3/31/2032.
Excess land for future development.
Flexible configuration allows for multitenant conversion.
Strong location near I-88 with access to major regional markets.
Stable cash flow in a supply-constrained market.

Property Flyers

Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
SPX Cooling Tech, LLC

Amenities

  • Fenced Lot

Public Transportation

AirportDriveWalkDistance
Chicago/Rockford International 62 min - 45.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Joe Eldredge, CCIM 414-278-6825 Colliers
Joe Eldredge, CCIM 414-278-6825 Colliers