Rockford, Illinois, is a prime location for investing in Specialty Properties, with 3 listings available for sale. As a city with a rich history in industrial development, Rockford has diversified its economy to include automotive, aerospace, and healthcare industries, making it an attractive spot for businesses and investors. Specialty Properties in Rockford can represent a range of investments, from commercial buildings to unique properties that cater to specific industries. With its strong infrastructure, including Interstate 39, Interstate 90, and the Chicago Rockford International Airport, Rockford offers easy access to major transportation hubs. The city's amenities, such as the Aldeen Golf Club and Swedish American Hospital, also make it an attractive place to live and work. Additionally, Rockford is home to several post-secondary institutions, including Rockford University and Rock Valley College, which contribute to the city's educated workforce.
Rockford's Specialty Properties offer a unique opportunity to invest in a city with a strong economic foundation. With an average price per square foot of $458 USD and an average size of 34,158 square feet, these properties are an attractive option for investors. The city's largest Specialty Property available for sale spans 51,898 square feet, offering ample space for businesses to grow. In addition to Specialty Properties, Rockford also offers a range of other property types, including Shopping Centers, Land, Office Properties, and Warehouses. The city's Shopping Centers, such as Cherryvale Mall, offer a convenient location for retailers, while its Land properties provide opportunities for development. Office Properties in Rockford, like those in downtown Rockford, offer a professional setting for businesses, and its Warehouses, such as the Union Pacific Railroad's Global III Intermodal Facility, provide ample space for storage and distribution. Overall, Rockford's Specialty Properties and other property types make it an attractive location for investors and businesses alike.
What financing options are available for specialty property purchases?
When considering the purchase of a specialty property in Rockford, Illinois, there are various financing options available to explore. For instance, commercial real estate loans, such as those discussed in our article at CRE loans, can provide the necessary funding to acquire unique properties like the 3 available listings in Rockford, which have an average price per square foot of $458 USD and an average size of 34,158 square feet.
