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Financial
Distress signals
Property profile

5 Commerce Dr Freeburg, IL 62243

OFF-MARKET
Other industrial properties
Property ID
US28-2071918
8,400 SF 0.99 ac lot Built 2002
Last sale Feb 2026 · $265,000
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

The property consists of two light industrial/flex buildings totaling approximately 10,920 SF on approximately 0.99± acre, located in Freeburg Industrial Park at 5 Commerce Dr, Freeburg, IL 62243. The primary building is approximately 8,400± SF and includes climate-controlled interior space with private offices, multiple production rooms, a kitchenette, and restrooms. It is equipped with two drive-in overhead doors, 3-phase electric service, and compressed air lines, and it had a roof…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$159k
Assessed land$8k
Assessed improvement$151k
Effective rate8.48%

Value estimate

· Oct 2026
$705k
$635k – $776k
CAP approach$830k
Submarket $/SF estimate$607k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$47/SF
County average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$25 – $94

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

5 Commerce Dr Freeburg, IL 62243-3228
County assessor Recorded deeds · 11 transfers 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
409 Apple, Freeburg, IL 62243-1337 $440,000 Apr 2023 3,840 SF
410 1st, Freeburg, IL 62243 $185,000 Dec 2022 2,232 SF
2 Commerce, Freeburg, IL 62243-3228 $65,500 Jan 2022 4,048 SF
502 Richland, Freeburg, IL 62243-1533 $625,000 May 2021 8,339 SF
202 Saint Clair, Freeburg, IL 62243-1136 $166,500 Mar 2020 21,796 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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