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Property profile & analytics
OFF-MARKET
Specialty properties

1500 West Ave Freeport, IL 61032

Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1500 S West Ave, Freeport, IL 61032, within the Freeport Plaza. The property is classified as a Community Center - Anchor based, offering a unique blend of retail, restaurant, and special purpose uses. Currently, one space totaling 6,478 square feet is available for lease. This space is ideal for a variety of businesses seeking high visibility and convenient access. The property is under new management, offering attractive lease terms, significant tenant improvement allowances, and free rent concessions. This presents a compelling opportunity for businesses seeking a strong foothold in the Freeport market. The property is situated in Stephenson County, Illinois, providing easy access to major transportation routes and a thriving local community. The building's multiple tenancy structure ensures a diverse and vibrant atmosphere. Don't miss this chance to secure a prime retail location with exceptional incentives. Inquire today to learn more about this exciting opportunity.

Property profile
Verified
Property type Specialty properties
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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