21 S Chicago Ave, Freeport IL 61032 | 21 S Chicago Ave
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21 S Chicago Ave, Freeport IL 61032 21 S Chicago Ave
5,400 SF 100% Leased Retail Building Freeport, IL 61032 $200,000 ($37/SF)
Investment Highlights
- Heart of Dowtown Freeport
- TIF District and within Enterprise Zone
- Daily traffic ount over 1800
Executive Summary
Location Location heart of Downtown Freeport situated on the corner of Chicago Ave and Main St with daily traffic count over 1,800. In the TIF district and within the Enterprise Zone. Currently 2 separate main floor entrances on Chicago Ave and could possibly be a 3rd on Main St. Upstairs could be split into two apartments or airbnb or separate office suites. 2,700 sqft each floor. Roof new within the last 5 years with 40 yr transferrable warranty. Small courtyard area in the back completely private between the buildings. High speed internet with T1 and Fiber. Been looking to live and work in your own building? Ready to expand your current business? Seller reserves the right to approve Buyers intended use.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,400 SF
Year Built
1867
Price
$200,000
Price Per SF
$37
Percent Leased
100%
Building Height
2 Stories
Opportunity Zone
Yes
Zoning
B1-2 - Commercial
Amenities
- Corner Lot
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 18-14-31-213-025 | Total Assessment | $18,497 |
| Land Assessment | $2,962 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $15,535 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
18-14-31-213-025
Land Assessment
$2,962
Improvements Assessment
$15,535
Total Assessment
$18,497
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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21 S Chicago Ave, Freeport IL 61032 | 21 S Chicago Ave
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