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    Freeport, IL Drug Stores for Sale

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    West Terre Haute, IN Cedarville, IL Eleroy, IL
    Walgreens NN Lease Investment Opportunity
    $1,636,000
    12,023 SF
    Walgreens NN Lease Investment Opportunity

    835 W Galena Ave, Freeport, IL

    NN leased Walgreens in Freeport, IL with corporate guarantee.
    • Corporate guaranteed lease by Walgreens (S&P: BBB), an investment‑grade tenant.
    • NN lease structure with limited landlord responsibilities, ideal for passive investors.
    • Tenant has a long operating history (20+ years) at this location, demonstrating commitment.
    • Over 3 years remaining on the initial lease term with 5 (5‑year) option periods.
    • Located in Freeport, IL (Rockford MSA).
    Updated: Mar 14, 2025
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    NN Leased Walgreens Investment Property
    $1,636,000
    12,032 SF
    NN Leased Walgreens Investment Property

    835 W Galena Ave, Freeport, IL 61032

    NN leased Walgreens in Freeport, IL with corporate guarantee.
    • NN Lease with Corporate Guarantee (S&P: BBB) from Walgreens, a Fortune 500 company, offering a stable, low‑risk investment.
    • Tenant has operated at this location for over 20 years and recently extended their lease, demonstrating a strong commitment to the site.
    • Located at a high‑traffic, signalized corner (32,300 vehicles per day) in a dense retail corridor, ensuring high visibility and accessibility.
    • NN lease structure with limited landlord responsibilities, ideal for a passive investor seeking minimal management.
    • Proximity to FHN Memorial Hospital (100 beds) and several residential complexes provides a strong, built‑in customer base.
    Updated: Feb 17, 2022
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Freeport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Walgreens NNN Lease Opportunity
    $4,000,000
    14,392 SF
    Walgreens NNN Lease Opportunity

    NNN leased Walgreens with over 8 years remaining on primary term.

    555 19th Ave, Moline, IL

    View details
    Walgreens NNN Lease Opportunity
    $3,870,968
    14,547 SF
    Walgreens NNN Lease Opportunity

    NNN leased Walgreens in Chicago MSA with recent lease extension.

    39023 N Green Bay Rd, Beach Park, IL

    View details
    Moline Walgreens with NNN Lease
    $4,084,000
    15,120 SF
    Moline Walgreens with NNN Lease

    Walgreens NNN lease with 11+ years remaining in Moline.

    3601 16th St, Moline, IL

    View details
    Net Leased Walgreens in Beach Park
    $3,870,968
    14,547 SF
    Net Leased Walgreens in Beach Park

    Single tenant Walgreens with extended lease through March 2034.

    39023 N Green Bay Rd, Beach Park, IL 60087

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Highway Rt 64
    $175,000
    0.52 Acres
    Commercial Land on Highway Rt 64

    Three city lots zoned B2 Business District on Illinois State Hwy

    510 E Washington, Oregon, IL 61061

    View details
    Utica, IL Commercial Land
    $975,000
    1.49 Acres
    Utica, IL Commercial Land

    Commercial land available in Utica, Illinois.

    2959 N Illinois 178 E 8th Road, Utica, IL 61373

    View details
    Vacant Land Near Public Transit
    $999,000
    0.76 Acres
    Vacant Land Near Public Transit

    Large 33,000 SF vacant parcel near public transit.

    7627 South State Street, Chicago, IL 60619

    View details
    Vacant Land Near Public Transit
    $999,000
    0.76 Acres
    Vacant Land Near Public Transit

    Large 33,000 SF vacant parcel near I-94 and public transit.

    7627 S State Street, Chicago, IL 60619

    View details

    Freeport, IL Drug Stores Market Trends and Statistics

    Explore 2 drug stores for sale in Freeport, IL on our real estate platform. These investment opportunities span a total of 24,055 square feet of properties for sale, with an estimated market value of $3,272,000.

    Sale prices for pharmacies in Freeport, IL start at $1,636,000, averaging $1,636,000, and reaching up to $1,636,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 4
    Auto shops 3
    Drug stores 2
    Storefront properties 2
    Car washes 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -2.8%
    Median Household Income $54,179
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

    Identify Freeport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61032 $1.6M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Stephenson County

    New Delisted

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