420 Meadows Dr Freeport, IL 61032
This Freeport, Illinois property at 420 W Meadows Dr offers a unique investment opportunity. The 1-story, 1996-built building boasts over 5,000 square feet of finished space, ideal for a variety of retail or mixed-use ventures. The building includes a spacious front reception area, multiple offices, a kitchenette, two bathrooms, and a laundry area. A large, open room with TSR floor coating offers versatile space for expansion or storage, easily adaptable to suit diverse business needs. Adding to its appeal is an attached 2,000 square foot greenhouse featuring an above-ground pool. The property is ADA compliant, ensuring accessibility for all. The 0.121-acre lot provides ample parking for 20+ vehicles, plus a large fenced area. The building's previous use as Brooke's Barks & Recreation demonstrates its suitability for a variety of businesses. A quick closing is available. This property presents a compelling opportunity for entrepreneurs and investors alike, given its size, features, and convenient location in Stephenson County, IL, zip code 61032.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.