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Flex Space with Industrial Improvements
For Sale
$399,000

5 Commerce Drive, Freeburg, IL 62243

Two-building commercial property with climate-controlled workspace, production areas, and a heated storage building.

Property Size10,920 SF
Lot Size0.99 Acres
Price / SF$36.54
Days on Market42

Property Features for 5 Commerce Drive

General Information

Standard status Active
Size 10,920 SF
Total Parking Spaces 18
Lot size 0.99 Acres
Property subtype Commercial
Zoning I-2

Warehouse & Industrial

Clear Span Yes
Drive-In Doors 2
Three-Phase Power Yes
Conditioned Warehouse Yes

Taxes and HOA fees

Annual Taxes $14,701

Building Details

Building Size 10,920 SF
Year Built 2002
Buildings 2
Listing Agency: RE/MAX All Star Advantage
Listed By: Adam Jokisch · License #471006087
Source: Nesterrealty
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 25 at 9:27AM

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 RE/MAX All Star Advantage

Investment Insights

Based on property information with market context.

This flex space offering includes two light industrial buildings totaling approximately 10,920 SF on approximately 0.99± acre. The 8,400± SF primary building provides climate-controlled space with private offices, multiple production rooms, a kitchenette, restrooms, two drive-in overhead doors, 3-phase electric, and compressed air lines. A new roof was installed on the main building in November 2025.

The secondary 2,520± SF clear-span steel building has a poured concrete floor, onsite water, heating, and insulation. Approximately eighteen on-site parking spaces support the property, which is located in Freeburg Industrial Park at 5 Commerce Dr, Freeburg, IL 62243. The property is zoned I-2, Industrial, offers access to the St. Louis metro area and regional transportation routes, and is being sold as-is.

Key Highlights

  • Two light industrial buildings totaling approximately 10,920± SF
  • Primary building contains 8,400± SF of climate‑controlled space
  • Secondary clear‑span steel building measures 2,520± SF

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Storage Facility Garden Center Grocery & Convenience Store

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

Lease Details

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby
Well-served
Demand for This Use

Demographics for 62243, IL

5,796
Population
2,537
Households
2.3
Avg Household Size
45
Median Age
34%
College-Educated
95%
High-School Grad
51.7 sq mi
ZIP Area
112
Density / Sq Mi
$93,328
Median Household Income
$48,947
Median Earnings
$1,100
Median Rent
$268,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building commercial property with climate-controlled workspace, production areas, and a heated storage building.
Where is this flex space located?
The property is located at 5 Commerce Drive Freeburg, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two light industrial buildings totaling approximately 10,920± SF; Primary building contains 8,400± SF of climate‑controlled space; Secondary clear‑span steel building measures 2,520± SF
More about this property
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