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    1007 W Galena Ave Freeport, IL 61032

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    For Lease
    Contact for pricing

    Retail or office space in well-established Freeport business district.

    Property size:
    4,775 SF
    Lot size:
    1.06 Acres

    Property Features for 1007 W Galena Ave

    General Information

    Size
    4,775 SF
    Lot size
    1.06 Acres

    Source: Legacy Commercial Property Agent Legacy Commercial Property

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freeport Retail/Office Space Available

    Commercial real estate is available at 1005 W Galena Ave in Freeport, IL. This multi-tenant building offers 8,740 square feet of retail or office space. The building is situated on the southeast corner of W Galena Ave and N Harlem Ave, in a well-established area. On-site parking is available, with over 40 spaces. Located near the heart of the Freeport business district, the property is ready for retail use. The property has been a retail location in the Freeport community for years and offers landmark recognition and signage. The available property presents an opportunity to expand a business' footprint on the southeast corner of W Galena Ave and N Harlem Ave. The property size is 4,775 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Stephenson
    State
    Illinois
    Longitude
    -89.6386838
    Latitude
    42.30146

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    FAQs

    What type of property is this?
    Retail space - Retail or office space in well-established Freeport business district.
    Where is this retail space located?
    The property is located at 1007 W Galena Ave Freeport, IL.
    What are key features of this property?
    This property features: - Landmark recognition and captivating signage.; - 8,740 SF multi-tenant building.; - Well-managed retail or office space.
    (847) 904-9200
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    1007 W Galena Ave Freeport, IL 61032
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    Freeport, IL 61032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1007 W Galena Ave Freeport, IL 61032
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