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Flex Building with Heated Warehouse
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For Sale
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1398 S Armstrong Ave, Freeport, IL 61032

A B-3-zoned property combines dedicated office area, warehouse space, and a loading dock.

Property Size4,831 SF
Price / SF$49.66
Days on Market5

Property Features for 1398 S Armstrong Ave

General Information

Standard status Active
Size 4,831 SF
Property subtype RETAIL
Zoning B-3

Warehouse & Industrial

Warehouse Space 3,643 SF
Office Build-Out 1,196 SF
Listing Agency: A-1 Agency
Listed By: Brian Borchardt · License #471004534
Source: Moodyscre
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 5:33PM

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 A-1 Agency

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Investment Insights

Based on property information with market context.

This flex building contains 1,196 SF of office space and 3,643 SF of warehouse area, with radiant heat serving the warehouse. A 10-foot overhead door and loading dock support movement between the warehouse and exterior. The property also includes a partial basement and is described as move-in condition.

Located at 1398 S Armstrong Ave in Freeport, Illinois, the building is zoned B-3. Its office and warehouse components are arranged within a 4,831-square-foot property.

Key Highlights

  • 4,831‑square‑foot flex building
  • 1,196 SF of office space and 3,643 SF of warehouse area
  • Warehouse equipped with radiant heat

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • L3VENTS hospitality group — 809 s 14th ave, freeport, il 61032

Frequently Asked Questions

What type of property is this?
Flex space - A B-3-zoned property combines dedicated office area, warehouse space, and a loading dock.
Where is this flex space located?
The property is located at 1398 S Armstrong Ave Freeport, IL.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 4,831‑square‑foot flex building; 1,196 SF of office space and 3,643 SF of warehouse area; Warehouse equipped with radiant heat
(815) 238-2015 Call to check price and availability
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