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Financial
Distress signals
Property profile

120 Clark St Freeport, IL 61032

OFF-MARKET
Industrial properties
Property ID
US28-4026965
0.82 ac lot Built 1948
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Freeport, Illinois property at 120 E Clark St offers a unique blend of office, industrial, and warehouse space, totaling 179,944 square feet. Situated on 0.89 acres in the heart of downtown, this five-story building boasts a rich history, having served as the former headquarters of Furst-McNess. Recently renovated in 2018, the property features modern, spacious offices, ideal for executive suites or creative office spaces. The building also includes substantial warehouse…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value$148k
Assessed land$8k
Assessed improvement$139k
Effective rate12.41%

Value estimate

· Oct 2026
$355k
$320k – $391k
AI approach$355k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionSTEPHENSON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.3
Wholesale Shop17.4
HVAC Service14.0

Location

120 Clark St Freeport, IL 61032-3328
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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

12 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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