AUCTION ALERT – 301 3rd Ave, Sterling, IL

Highlights:

• Projected Stabilized Net Operating Income (NOI): $1,830,000
• Adjusted Bank Value (NNN Analysis): $23,612,903, highlighting significant value creation potential.
• Strategic Location: Pro-business Area with Access to Major MSAs including Chicago, Quad Cities, Rockford, Milwaukee, and Kansas City.
• Building Size: ±486,952 SF on ±7.16 acres
• Versatile Use Potential: Ideal for Manufacturing, Warehousing, Distribution, and Other High-Value Industrial Applications.
• Infrastructure: 18 External Dock Doors, 3 Drive-Ins, with Extensive Power and Sprinkler Systems for High-Capacity Operations.
• Capital Improvements: Over $3.1M in Recent Upgrades, Including a New 20-Year Warranty roof.
• 75% Recent Renovation | 4M Upgrades

Description:

AUCTION ALERT – 301 3rd Ave, Sterling, IL
A great investment opportunity is going to auction on May 20th!
This prime commercial asset in Sterling, IL, is now live on Crexi Auctions. Don’t miss your chance to bid on a well-located property with strong potential.
Auction Date: May 20, 2025
Address: 301 3rd Ave, Sterling, IL 61081
View the Auction & Register to Bid: https://www.crexi.com/properties/1827983/illinois-sterling-industrial
Act now — opportunities like this don’t last long!