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120 Clark St Freeport, IL 61032

Sponsored
For Sale
$1,900,000

179,944 SF Flex Warehouse, $1.9M

Property size:
179,944 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Freeport, Illinois industrial property presents a prime owner-user or investment opportunity. Located at 120 E Clark St, 61032, this 179,944 square foot facility sits on a 5.18-acre lot and is zoned M-2. The property comprises two buildings, five stories high, and boasts a blend of warehouse, flex, and office space. Built in 1928 and extensively renovated in 2018, the property features high-end, fully built-out top-floor headquarters offices, ideal for a variety of uses. The warehouse area offers four loading docks, freight elevators, and a personal elevator, ensuring efficient operations. The current occupancy is 16%. The 10-foot ceiling height in the warehouse provides ample storage and operational space. This value-add opportunity is perfect for a single or multi-tenant operation, catering to industrial, artistic, or office needs. The property's size, location, and versatile layout make it a compelling investment prospect in the thriving Freeport market. This is a rare chance to acquire a substantial industrial property with significant upside potential.

Property Features for 120 Clark St

General Information

Property type
Distribution properties
Square Feet
179,944 SF
Class
B
Lot Size
225,641 SF

Building Details

Year Built/Renovated
1928/2018
Buildings
2
Stories
5

HighLights

  • $1,900,000 asking price for this Freeport, IL industrial property.
  • 179,944 square feet on a 5.18‑acre lot, ideal for owner‑user or investment.
  • Flex/warehouse/office space with high‑end, fully built‑out top‑floor offices.
  • Features include 4 loading docks, freight elevators, a passenger elevator, and 10‑foot ceilings.
  • Two buildings, five stories, Class B construction, built in 1928 and renovated in 2018.
  • Currently 16% occupied, zoned M‑2.
Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Freeport
County
Stephenson
State
Illinois
Longitude
-89.619223095378
Latitude
42.301297518478

FAQs

What type of property is this?
Distribution property - 179,944 SF Flex Warehouse, $1.9M
Where is this distribution property located?
The property is located at 120 Clark St Freeport, IL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: $1,900,000 asking price for this Freeport, IL industrial property.; 179,944 square feet on a 5.18-acre lot, ideal for owner-user or investment.; Flex/warehouse/office space with high-end, fully built-out top-floor offices.
More about this property
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