Technical
Financial
Distress signals
Property profile

1026 S Kunkle Blvd Freeport, IL 61032

FOR SALE
Office Spaces
Property ID
US28-3616293
4,764 SF 2.56 ac lot Built 2004
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,700 square foot, single-tenant office building is situated on a spacious 2.56-acre lot in Freeport, Illinois, within Stephenson County. The property, currently configured as a medical office, offers significant adaptability for various professional uses. Its convenient location near W. Stephenson St. and Kiwanis Dr. provides excellent visibility and accessibility. The building boasts ample parking with 31 spaces (a ratio of 0.15 per 1,000 square feet), a prominent monument sign for enhanced branding, and the potential for future expansion with additional land available on-site. Its proximity to Highland Community College and FHN Memorial Hospital ensures a strong daytime population and convenient access to a large pool of potential clients and employees. The single-story building presents a functional and efficient layout, ideal for a variety of businesses seeking a well-maintained and strategically located office space. The property is available for both sale and lease, offering flexibility to prospective buyers and tenants. This prime location and versatile space represent a compelling opportunity for growth and success. The property's address is 1026 S Kunkle Blvd, Freeport, IL 61032.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2004
Total area 4,764 SF
Lot 2.56 ac (111,514 SF)
APN 18-13-34-478-021
UPID US28-3616293

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1026 S Kunkle Blvd Freeport, IL 61032
Freeport metro Census 1000 FREEPORT, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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