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    OFF-MARKET
    Warehouses

    1201 Adams Ave, Freeport, IL 61032

    328,723 SF 18 ac lot Built 1925
    Property ID
    Property summary
    AI-generated overview

    This Freeport, IL industrial property offers 161,166 square feet of immediately available Class C distribution space, part of a larger 328,723 square foot multi-tenant building. The space features 36-foot ceilings, 17 loading docks, and 4 drive-in doors. Ample parking is provided with 400 total spaces, including trailer parking. Power is robust, with 5,000 amps at 480 volts, three-phase. Built in 1925 and renovated in 1989, this flexible space is divisible to a minimum of 64,000 square feet and offers contiguous space up to 161,166 square feet. Located at 1201 S Adams Ave, Freeport, IL 61032, the property sits on 18 acres of land and enjoys convenient access to US Route 20, I-39, and I-90, strategically positioned between major metropolitan areas including Rockford, IL

    Property profile
    Verified
    Property type Warehouses
    Year built 1925
    Total area 328,723 SF
    Lot 18 ac (784,080 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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