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Property profile

227 Washington St Freeport, IL 61032

OFF-MARKET
Mixed-use properties
Property ID
US28-4105359
2,624 SF Built 2003
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Property summary

AI-generated overview

The property is a 2,624-square-foot commercial space configured with five flexible rooms that can function as offices, exam rooms, or bedrooms, plus two full bathrooms and an additional private office with a half bath. It includes a fully equipped kitchen and dining area connected to an expansive living space. The building is ADA-compliant and features a sprinkler system and an on-site laundry room. It provides six on-site parking spaces and is suited for a range of uses such as medical offices, dental clinics, physical therapy centers, shared accommodations, corporate headquarters, or other mixed-use configurations.

Property profile

Verified
Property type Mixed-use properties
Year built 2003
Total area 2,624 SF
UPID US28-4105359

Cap rate & NOI

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

Location

227 Washington St Freeport, IL 61032
Freeport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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