571 Sierra Dr Freeport, IL 61032
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 571 Sierra Dr
- Property type
- Commercial real estate
Description
This exceptional mixed-use investment opportunity in Freeport, Illinois, presents a portfolio of 110 units across 18 buildings situated on 13 parcels. Located approximately two hours west of Chicago, this fee-simple ownership offers a compelling return. The portfolio boasts a diverse range of properties, including both upscale and standard units, reflecting a carefully curated collection built over many years. The asking price is $4,500,000, projecting a pro-forma net operating income (NOI) of $553,601 and a pro-forma capitalization rate of 12.30%. This is a complete package, offered as a single sale
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Stephenson
- State
- Illinois
- Longitude
- -89.657970279881
- Latitude
- 42.303741211456