Search
Industrial Flex Building
For Sale
$59,500

Freeport, IL 61032, Freeport, IL 61032

Commercial Sale, Freeport, IL

Property Size2,400 SF
Lot Size1.47 Acres
Price / SF$24.79
Days on Market107

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning INDUS
Subdivision Freeport
Standard status Active
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: Oct 8 Last Checked: Oct 11 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 includes a 40-by-60-foot building, totaling 2,400 square feet, on a 1.47-acre parcel. Constructed in 1950, the building is zoned INDUS. Potential applications noted for the property include warehouse or storage use, contractor operations, auto service, and light industrial activity.

A Phase I Environmental Site Assessment was completed in 2005.

Key Highlights

  • 2,400‑square‑foot building measuring 40 feet by 60 feet
  • 1.47‑acre parcel
  • Zoned INDUS

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby
Well-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - The building’s flexible configuration supports warehouse, storage, contractor, and light industrial applications.
Where is this flex space located?
The property is located at 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 parcel; Zoned INDUS
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again