500 Economy Court , Freeport, IL 61032
Freeport, IL 61032
Description
Incredible opportunity to own a one of a kind commercial office building in Freeport, IL! This property is located just minutes from US Bus 20 and about 5 minutes away from US Hwy-20. This building is currently built out for office use as a former call center. There is over 181,000 total square feet over 4 wings. There are 3 pin numbers, one of which is an additional parking lot across the road from the main lot. The east wing was built in 1952 with an addition done in 1957. The west wing was built in 1952. The north wing was added on in 1977 and the south wing was built in 1988. The north, south, and west wings are 3 floors with the East wing being 2 floors. The roof on the north wing was redone in 2020 with the other wings having older roofs. The property has 2 functioning passenger elevators, 31 total conference rooms, and 21 restrooms. Each wing has its own incoming electrical service. The east wing is 600a, the west wing is 1000a, the north wing is 1600a, and the south wing is 1200a. There are 600+ parking spots and a 2 level parking garage. The property is currently vacant with a property manager tending to the building on a daily basis. More information available upon request.
Details
| MLS# | 12219088 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 58 |
| Listing Provided By | Crawford Realty, LLC | Tyler Stacey |
Features
| SQ Feet | 181,657 |
|---|---|
| Story(s) | 3 |
| Units | 1 |
| Zoning | COMMR |
| Acreage | 10.15 |
Market Activity 61032
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Learn More About This Property
| State | IL |
|---|---|
| County | Stephenson |
| City | Freeport |
| Zip Code | 61032 |
| Area | Freeport |
| Listing VS Median (in 61032) | |
Price: $2,900,000 low | high Med: $100,000 SqFt: 181,657 low | high Med: 1,360 $ / SqFt: $16 low | high Med: $74 On Site: 58 low | high Med: 734.000000 | |