Financial
Distress signals
Property profile

13 Commerce Dr Freeburg, IL 62243

OFF-MARKET
Other commercial real estate
Property ID
US28-5848030
7,000 SF 1 ac lot Built 2005
Last sale Aug 2022 · $330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Built in 2005, this single-story flex facility combines industrial work space with a dedicated office component. The building comprises 8,400 square feet total, including a 7,000-square-foot warehouse area and 1,400 square feet of office space. The warehouse features 14-foot interior clear height, concrete flooring with floor drains, and three overhead electric garage doors. The property is located at 13 Commerce Dr in Freeburg Industrial Park, Freeburg, Illinois.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$88k
Assessed land$8k
Assessed improvement$80k
Effective rate8.48%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$280k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 536 recorded sales of this use type
Observed band · Q1–Q3$40 – $139
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.3
Dental Office10.6
Building Supply10.3

Location

13 Commerce Dr Freeburg, IL 62243-3228
County assessor Recorded deeds · 12 transfers 11 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2 Industrial, Freeburg, IL 62243-3229 $360,000 Nov 2024 5,000 SF
10 Commerce, Freeburg, IL 62243-3228 $213,000 Oct 2024 5,000 SF
209 High, Freeburg, IL 62243-1382 $410,000 Aug 2024 5,244 SF
351 Hl Mine, Freeburg, IL 62243-3227 $225,000 Jan 2024 7,540 SF
1231 State, Freeburg, IL 62243-4013 $360,000 Dec 2022 8,250 SF
502 Richland, Freeburg, IL 62243-1533 $625,000 Jul 2019 5,520 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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