3523 Il Route 26 S
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3523 Il Route 26 S
7,320 SF Industrial Building Freeport, IL 61032 $484,577 CAD ($66 CAD/SF)
EXECUTIVE SUMMARY
This 7,320 square foot commercial building, located on a 3.8-acre lot, presents an excellent investment opportunity. Zoned M-2, the property is ideal for a variety of industrial or commercial uses. The building is split into two sections: the front half is currently vacant, offering flexible space for future tenants or owner occupancy, while the back half is fully leased, generating $4.125 in monthly rental income.
The expansive lot provides numerous possibilities for expansion, making it a great choice for businesses looking to grow. The property benefits from separate gas and electric services for each section, ensuring efficiency and ease of management. Situated on a busy highway, this location offers high visibility and accessibility, making it an attractive choice for tenants or businesses seeking a prime location.
With room to expand and strong rental income already in place, this property is a promising option for investors or business owners looking to capitalize on a versatile space in a strategic location.
The expansive lot provides numerous possibilities for expansion, making it a great choice for businesses looking to grow. The property benefits from separate gas and electric services for each section, ensuring efficiency and ease of management. Situated on a busy highway, this location offers high visibility and accessibility, making it an attractive choice for tenants or businesses seeking a prime location.
With room to expand and strong rental income already in place, this property is a promising option for investors or business owners looking to capitalize on a versatile space in a strategic location.
PROPERTY FACTS
| Price | $484,577 CAD | Lot Size | 3.84 AC |
| Price Per SF | $66 CAD | Rentable Building Area | 7,320 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1983/2020 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 6.83/1,000 SF |
| Price | $484,577 CAD |
| Price Per SF | $66 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.84 AC |
| Rentable Building Area | 7,320 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1983/2020 |
| Tenancy | Single |
| Parking Ratio | 6.83/1,000 SF |
UTILITIES
- Gas - Natural
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 18-19-18-300-021 | Improvements Assessment | $30,996 CAD |
| Land Assessment | $22,098 CAD | Total Assessment | $53,094 CAD |
PROPERTY TAXES
Parcel Number
18-19-18-300-021
Land Assessment
$22,098 CAD
Improvements Assessment
$30,996 CAD
Total Assessment
$53,094 CAD
ZONING
| Zoning Code | Commercial (M-2 industrial/manufacturing) |
| Commercial (M-2 industrial/manufacturing) |
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3523 Il Route 26 S
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