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Industrial Flex Building
For Sale
$59,500

77 S Louis Avenue, Freeport, IL 61032

COMMERCIAL - Freeport, IL

Property Size2,400 SF
Lot Size1.47 Acres
Price / SF$24.79
Days on Market47

Property Features for 77 S Louis Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning INDUS
Directions US RT 20 W to BUS RT 20 W to Adams Ave
Subdivision Freeport
Standard status Active
APN 07143220201300
Lot size 1.47 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 374

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Mark Smith
Added: Jun 27 Changed: Aug 11 Last Checked: Aug 12 at 2:06AM
MLS# 12683441

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This industrial flex property at 77 S Louis Avenue in Freeport, Illinois, includes a 2,400-square-foot building measuring 40 feet by 60 feet. Constructed in 1950, the building offers a practical footprint for warehouse use, equipment storage, contractor operations, light industrial activity, or automotive service. The 1.47-acre parcel provides additional commercial land associated with the building.

The property is zoned INDUS and is positioned in Freeport, within Stephenson County. A Phase I Environmental Site Assessment was completed in 2005, providing documented environmental due diligence for review. The combination of an adaptable building, industrial zoning, and multiple stated commercial applications supports a range of operating or storage requirements.

Key Highlights

  • 2,400‑square‑foot building measuring 40 feet by 60 feet
  • 1.47‑acre commercial parcel in Freeport, IL
  • INDUS zoning

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Nail Salon Pharmacy 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

89
Businesses Nearby
Balanced
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

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
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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 - Adaptable commercial building with INDUS zoning and room for warehouse, service, storage, or contractor operations.
Where is this flex space located?
The property is located at 77 S Louis Avenue Freeport, IL.
What is the asking price?
The asking price for this property is $59,500.
What are key features of this property?
This property features: 2,400‑square‑foot building measuring 40 feet by 60 feet; 1.47‑acre commercial parcel in Freeport, IL; INDUS zoning
More about this property
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