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Property profile & analytics
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, Illinois industrial property offers 161,166 square feet of immediately available space, part of a larger 328,723 square foot building. The property is classified as Class C and features 17 loading docks, 4 drive-ins, and ample parking for 400 vehicles, ideal for accommodating significant truck and trailer traffic. Units are divisible down to 10,000 square feet, providing flexibility for various business needs. Built in 1925 and renovated in 1989, the building sits on 18 acres of land and is zoned for light industrial use. Located in the Freeport submarket of Stephenson County, this strategically advantageous location provides easy access to major transportation arteries including US Route 20, I-39, and I-90, facilitating efficient distribution to Rockford, IL, Madison, WI, Davenport, IA, and the Quad Cities. The property boasts heavy power availability and is situated within the Northwest Illinois Enterprise Zone, potentially opening doors to attractive tax incentives. The property taxes are $0.17 per square foot. This is a rare opportunity to secure substantial industrial space in a prime location with excellent infrastructure and potential cost savings.

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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