3523 Il Route 26 S - Warehouse FOR SALE


Freeport, IL 61032
$335,000 USD
815-238-2015
3523 Il Route 26 S, Freeport, IL for Sale
$335,000 USD
Warehouse - FOR SALE
1/30
null | Request Cap Rate

3523 Il Route 26 S
Freeport, IL 61032


OVERVIEW

This 7,320 square foot commercial building, located on a 3.8-acre lot, presents an excellent investment opportunity. Zoned M-2, the property is ideal for a variety of industrial or commercial uses. The building is split into two sections: the front half is currently vacant, offering flexible space for future tenants or owner occupancy, while the back half is fully leased, generating $41,425 in monthly rental income. The expansive lot provides numerous possibilities for expansion, making it a great choice for businesses looking to grow. The property benefits from separate gas and electric services for each section, ensuring efficiency and ease of management. Situated on a busy highway, this location offers high visibility and accessibility, making it an attractive choice for tenants or businesses seeking a prime location. With room to expand and strong rental income already in place, this property is a promising option for investors or business owners looking to capitalize on a versatile space in a strategic location.

FOR SALE DETAILS

PRICE

$335,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

UTILITIES

Gas - Natural, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

3.84

LAND SF

167,270

ZONING

Commercial

APN/PARCEL ID

18-19-18-300-021

ASK ABOUT THIS PROPERTY

Brian BorchardtA-1 AgencyMore Info
815-238-2015

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Brian BorchardtA-1 AgencyMore Info
815-238-2015

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.