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Industrial Flex Space
For Sale
$59,500

77 S Louis Avenue, Freeport, IL 61032

INDUS-zoned property with an adaptable layout and documented environmental due diligence.

Property Size2,400 SF
Price / SF$24.79
Days on Market65

Property Features for 77 S Louis Avenue

General Information

Standard status Active
Size 2,400 SF
Property subtype Commercial
Zoning INDUS

Taxes and HOA fees

Annual Taxes $373

Building Details

Building Size 2,400 SF
Year Built 1950
Stories 1
Units 1
Listing Agency: HomeSmart Connect LLC
Listed By: Mark Smith
Source: Midwestrealestate
Added: Jun 27 Changed: Aug 29 Last Checked: Aug 29 at 8:05PM

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 HomeSmart Connect LLC

Investment Insights

Based on property information with market context.

This flex space at 77 S Louis Avenue in Freeport, Illinois, provides 2,400 square feet within a 40-foot by 60-foot building. Constructed in 1950, the property is classified INDUS and offers a straightforward commercial configuration suited to operational, storage, and workspace needs.

Potential applications identified for the property include auto service, warehousing, contractor operations, light industrial activity, distribution, equipment storage, and self-storage. A Phase I Environmental Site Assessment was completed in 2005, adding documented environmental due diligence to the property record.

Key Highlights

  • 2,400 sq. ft. building measuring 40 feet x 60 feet
  • INDUS zoning supports an industrial‑oriented property profile
  • Phase I Environmental Site Assessment completed in 2005

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
Rey
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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 - INDUS-zoned property with an adaptable layout and documented environmental due diligence.
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 sq. ft. building measuring 40 feet x 60 feet; INDUS zoning supports an industrial‑oriented property profile; Phase I Environmental Site Assessment completed in 2005
More about this property
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