1005 Galena AveFreeport, IL 61032

For Lease
  • Commercial real estate
  • 8,546 SF

Property Details for 1005 Galena Ave

Year built
2008
Lot size
1.08 AC
Property size (Sq ft)
8,546 SF
Property type
Commercial real estate
APN
18-13-36-202-030
APU
181336202030

Description

This exceptional Freeport, IL retail strip center at 1005 W Galena Ave offers 8,775 square feet of space, with 4,775 square feet currently vacant. The property sits on a 1.06-acre lot and provides ample parking with 50 spaces, ensuring convenient access for both tenants and customers. The building's prime location and high visibility make it an ideal opportunity for businesses seeking strong foot traffic and brand recognition. The vacant space presents a blank canvas for customization, allowing future tenants to create a retail environment perfectly suited to their needs. The existing building is well-maintained and offers a versatile layout adaptable to various retail concepts. This property is strategically positioned in a thriving commercial area of Freeport, offering excellent exposure and accessibility. The convenient on-site parking further enhances the appeal of this location for both employees and customers. Don't miss this chance to establish your business in a high-traffic, highly visible location within a well-maintained retail strip center. The property's size and layout offer significant potential for growth and success. This is a rare opportunity to secure a prominent retail space in a desirable Freeport location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,766,235
    Hospitality
    $1,617,862
    Educational
    $1,346,042
    Medical
    $1,392,334
    Retail
    $2,093,843
1005 Galena Ave, Freeport, Illinois

Location Insight

City
Freeport
County
Stephenson
State
Illinois
Latitude
42.3015
Longitude
-89.6387
CBSA code
23300
CBSA name
FREEPORT, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$19,266
$43,805
$111,415
$155,220
-
$131,415
$334,245
$465,660

FAQs

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