4596 Us-20 Freeport, IL 61032
This exceptional mixed-use property, built in 2005, boasts 4,600 square feet of versatile space situated on a 1.6-acre lot at the northwest corner of US-20 and Browns Mill Road, just outside Freeport, Illinois. The building features 375 feet of prime US-20 frontage, ensuring high visibility and accessibility. The interior comprises a striking open two-story main room, complemented by a blend of offices, meeting rooms, and restrooms. Conveniently located east and west wings house the building's mechanical systems. The property is zoned for commercial use and offers a fee simple ownership structure. The asking price is $450,000, translating to $97.83 per square foot. The property includes a well and septic system. Parcel Numbers (PINS) are 19-01-400-011 and 19-01-300-006. This single-story building presents a unique opportunity for a variety of commercial ventures, capitalizing on its prominent location and adaptable layout. The property's former use as the Stephenson County Visitors Bureau speaks to its established presence and potential for continued success.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.