$200,000

926 22nd Street, Rockford IL, 61108

Price per sqft$27.03

Built in1920

Property size7,400 sqft

Property typeCommercial

Listed by Jason Bitton with RE/MAX Suburban 847-858-2909

Overview

Active

New

Listed Oct 11, 2026

Updated 12h ago

NNN-Leased Industrial Building | 7,400 SF | 13.6 Cap. Offered at $200,000 ($27.03 per SF), this single-tenant brick showroom and warehouse building has approximately 7,400 SF and sits on the northeast corner of 22nd St and 9th Ave in Rockford. The entire building is leased to Reliable Parts, Inc. under an NNN lease at $2,266 per month ($27,192 per year) through May 31, 2027, with two one-year options at $2,333.98 and then $2,404.00 per month. The base rent represents a 13.6 cap rate at the asking price. Under the lease, the tenant reimburses the real estate taxes, the landlord's insurance premiums and routine maintenance, and pays for its utilities. The landlord retains responsibility for capital repairs over $2,500 and the structure. The front building (about 4,000 SF) has a storefront entrance on 22nd St, a retail and office area with one restroom, and a warehouse with 13'3" clear height and a raised box-truck door on 9th Ave. The 3,400 SF rear building has an 8' x 8' drive-in door. There is room for about 12 cars to park head-in along 9th Ave. The property is zoned I-1 Light Industrial (City of Rockford) and is in FEMA flood Zone X. Two tax parcels convey. Buyer to verify all information.

Additional information

MLS^® ID: 12782766

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.19 Acres

Other Property Details

Taxes: $3,426
Tax Frequency: Annually

Listed by Jason Bitton with RE/MAX Suburban 847-858-2909

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