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$695,000 -$55,000 (-7.33%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 12,900 Sq. Ft.
  • Updated 4 days ago
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Prime industrial investment opportunity in Rockford, IL, offering exceptional proximity to major interstates and regional highways. This 12,900 sq. ft. facility is fully occupied by two stable tenants, providing diversified income and immediate cash flow. With an 8.2 cap rate, strong location fundamentals, and solid tenancy, this property delivers the reliable performance investors seek in today's market.

Full Property Details for 3405 Lonergan Dr

General

  • Price: $695,000
  • Taxes: $15,138 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12727929
  • Updated: 10/1/2026
  • Added to Site: 60 day(s) ago

Rental Information

  • Lease/Rent Term: 36 Months

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: Rockford
  • County: Winnebago
  • Township: Cherry Valley
  • Driving Directions: Located just north of US20 and S Alpine Rd exit. Take Sandy Hollow Rd one block east to Lonergan Dr, north to property.
  • Location Details: Far West, Industrial Park

Heating & Cooling

  • Cooling Type: Office Only
  • Heating Type: Ceiling Units, Gas

Structural Information

  • Construction: Block
  • Exterior Const.: Block
  • Roof: Membrane, Rubber
  • Drive-In Doors: 4
  • Stories/Levels: 1
  • Square Feet: 12,900
  • Office: 300 Sq. Ft.
  • Year Built: 1975
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 2

Lot Features

  • Lot Size (Acres): 1.12
  • Lot Size (Sq. Ft.): 48,837
  • Lot Dimensions: 48837
  • Frontage: City Street
  • Zoning: INDUS

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Operating Expenses: $33,200
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1975
  • Tax Amount: $15,138
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 1605451009

Listed by Charles Rutenberg Realty of IL

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Listing agent

— 3405 Lonergan Dr —

  • Charles Rutenberg Realty of IL

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3405 Lonergan Dr

School District:Rockford School District 205
NameGradesDistance
White Swan Elementary School
6754 Armer Drive, Rockford, IL 61109
K-52.3 mi
Bernard W Flinn Middle School
2525 Ohio Parkway, Rockford, IL 61108
6-81.4 mi
Rockford East High School
2929 Charles Street, Rockford, IL 61108
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3405 Lonergan Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2026
Price Reduced
$695,000
-7.33%
MLS
8/07/2026
Listed
$750,000
25%
MLS
7/01/2024
Sold
$600,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3405 Lonergan Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,298
3%
$160,056
11%
2024
$13,886
100%
$144,781
11%
2023
100%
$130,187
6%
2022
-100%
$122,645
5%
2021
$14,447
—
$116,638
4%
2021
$14,447
—
$111,679
5%
2019
$14,400
-4%
$106,442
7%
2017
$14,927
—
$99,796
2%
2016
$14,873
1%
$97,686
2%
2015
$14,787
—
$95,893
-7%
2018
$14,809
1%
$102,830
6%
2014
$14,617
4%
$96,750
-3%
2013
$14,066
5%
$99,506
-4%
2012
$13,438
—
$103,147
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Charles Rutenberg Realty of IL

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3405 Lonergan Drive, Rockford, IL 61109 (MLS# 12727929) is a Commercial property. 3405 Lonergan Drive is currently listed for $695,000 and was received on August 07, 2026. Want to learn more about 3405 Lonergan Drive? Do you have questions about finding other Commercial real estate for sale in Rockford? You can browse all Rockford real estate or contact a Coldwell Banker agent to request more information.

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