Office Campus with Parking
For Sale
Contact for pricing
500 Economy Ct, Freeport, IL 61032
Office campus offers three connected buildings with recent interior upgrades and a two-level parking garage.
Property Size170,000 SF
Lot Size8.00 Acres
Days on Market120
Property Features for 500 Economy Ct
General Information
Standard status
Active
Size
170,000 SF
Lot size
8.00 Acres
Property subtype
Office
Building Details
Year Renovated
2006
Stories
3
Listing Agency:
Williams & Williams Auctioneers
Listed By:
Cynthia Dees · License #129912
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 8:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Williams & Williams Auctioneers
Investment Insights
Based on property information with market context.
This office campus consists of three buildings totaling 170,000+/- square feet on 8+/- acres, with an additional parking lot parcel included at 1.91+/- acres. The first building is one-story with a lower level. The second building is two-story with a lower level, and both are connected by a three-story addition on a slab.
Remodeling and upgrades include interior work in 2006 to portions of the two-story and three-story buildings, lobby remodeling in 1996, and updates to a tech center in 2000. Additional improvements include handicap ramp and parking ramp work in 2002, restroom remodels in 2004, and interior remodeling in 2005.
Parking features a two-level parking garage with over 170 spaces, supplemented by two separate parking lots outside the garage. An open house is scheduled for public viewing from 11:00 am to 2:00 pm on specified dates, and the property is being offered at auction on June 2 at 11:00 am CDT, with bid options available onsite or live online.
Remodeling and upgrades include interior work in 2006 to portions of the two-story and three-story buildings, lobby remodeling in 1996, and updates to a tech center in 2000. Additional improvements include handicap ramp and parking ramp work in 2002, restroom remodels in 2004, and interior remodeling in 2005.
Parking features a two-level parking garage with over 170 spaces, supplemented by two separate parking lots outside the garage. An open house is scheduled for public viewing from 11:00 am to 2:00 pm on specified dates, and the property is being offered at auction on June 2 at 11:00 am CDT, with bid options available onsite or live online.
Key Highlights
- Office/campus with 170,000+/- SF across three buildings on 8+/- acres in Freeport, IL
- Three buildings are connected, including a three‑story addition on a slab connecting the one‑story and two‑story structures
- Interior remodels include two‑story and three‑story updates in 2006, plus lobby remodeling in 1996 and interior remodeling in 2005
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
949
Businesses Nearby
Explore this area
Business Placement
Demographics for 61032, IL
29,110
Population
14,685
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
91%
High-School Grad
148.7 sq mi
ZIP Area
196
Density / Sq Mi
$54,179
Median Household Income
$34,893
Median Earnings
$769
Median Rent
$106,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Office campus offers three connected buildings with recent interior upgrades and a two-level parking garage.
Where is this office building located?
The property is located at 500 Economy Ct Freeport, IL.
What are key features of this property?
This property features: Office/campus with 170,000+/- SF across three buildings on 8+/- acres in Freeport, IL; Three buildings are connected, including a three‑story addition on a slab connecting the one‑story and two‑story structures; Interior remodels include two‑story and three‑story updates in 2006, plus lobby remodeling in 1996 and interior remodeling in 2005
