Marcus & Millichap is pleased to present the opportunity to acquire the property located at 5701 Industrial Avenue in Loves Park, Illinois. The subject property consists of approximately 34,434 square feet of manufacturing and warehouse space situated on 1.46 acres. This property boasts features such as 18′ to 23′ clear height, two dock-high doors, two drive-in doors, and three-phase heavy power with 2,000 amps and 1,200 volts, making it an attractive option for owner-users or investors looking to capitalize on a value-add opportunity. The property’s proximity to major transportation corridors, including I-90 and U.S. Route 20, as well as its 20-minute drive from Greater Rockford International Airport, further enhances its appeal.
The investment opportunity presents a chance to acquire a property priced below replacement cost, with the current tenant set to vacate prior to closing, allowing for owner-use or lease-up opportunities. The submarket, characterized by a 3.4 percent vacancy rate among comparables up to 50,000 square feet, demonstrates a strong demand for industrial space. This outperforming submarket, known as the I-39 Corridor/Winnebago County, offers a compelling investment prospect for those looking to capitalize on the area’s industrial needs (CoStar).
The Chicago metropolitan area, where the subject property’s submarket is situated, is a major economic hub in the Midwest, comprising numerous counties and a large population. With a population of over 9.5 million people, the Chicago MSA spans across multiple counties and thousands of square miles. The region has experienced steady job growth and population migration, driven by its diverse economy and world-class infrastructure. Major transportation infrastructure, including O’Hare International Airport, Midway International Airport, and an extensive network of highways and rail lines, supports the area’s thriving industries, such as manufacturing, logistics, and technology. As a key economic anchor, the Chicago area is home to numerous corporate headquarters and a strong industrial sector, which is likely to have a positive impact on the subject property’s value and potential for long-term appreciation.
BROKER OF RECORD
Steven Weinstock
Illinois Broker of Record
One Mid America Plaza, Suite 200
Oakbrook Terrace, IL 60181
Tel: (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
License: 471.011175
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAH0370336)
