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Corner Office Building
For Sale
$135,000

221 W Galena Avenue, Freeport, IL 61032

Corner-lot property offers on-site parking, electric pole signage, central air, and two bathrooms.

Property SizeContact for details
Days on Market230

Property Features for 221 W Galena Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning COMMR

Site & Location

Corner Location Yes
Pylon Signage Yes

Taxes and HOA fees

Annual Taxes $1,816

Amenities

Office with private bathroom, 1 public bathroom
central air

Building Details

Year Built 1932
Stories 1
Units 1
Listing Agency: Choice Realty of Freeport
Listed By: Joan Welt · License #475128747
Source: Perillorealestategroup
Added: Jan 14 Changed: Aug 30 Last Checked: Aug 31 at 5:09PM

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 Choice Realty of Freeport

Investment Insights

Based on property information with market context.

Constructed in 1932, this office property includes a private bathroom, a separate public bathroom, and central air conditioning. The building is offered in its existing condition, with a roof reported as 7 yrs. old and a furnace reported as 18 yrs. old.

The property occupies a corner lot at 221 W Galena Avenue in Freeport, Illinois. On-site parking is available, and a pole sign with electric service provides dedicated signage infrastructure. The combination of office space, two bathrooms, parking, and existing mechanical systems supports a straightforward commercial occupancy setup.

Key Highlights

  • 1932 construction
  • Corner‑lot office property with on‑site parking
  • Pole signage with electric service

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Hair Salon HVAC Service Nail Salon Cafe & Coffee Shop Pharmacy

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

901
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Corner-lot property offers on-site parking, electric pole signage, central air, and two bathrooms.
Where is this office building located?
The property is located at 221 W Galena Avenue Freeport, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 1932 construction; Corner‑lot office property with on‑site parking; Pole signage with electric service
More about this property
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