www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29030529
29030531

1650 S Galena Ave, Freeport, IL 61032 For Sale

AP
IL 471007310, WI 55840-90
Prudential Towne Square Realty
Listed by Prudential Towne Square Realty
$599,000
209 days on market
Updated 44 days ago
Opportunity zone

1650 S Galena Ave, Freeport IL 61032

Details
APN 181905181016
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 23,200
Net Rentable (SqFt) 23,200
Units 1
Price per SqFt $26
Year Built 1965
Buildings 1
Stories 1
Acreage 2.500
Zoning B-3 Commercial Wholesale
Ceiling Height 14-16 ft
Loading Docks 2
Dock High Doors 2

Industrial | 23,200 SqFt

Marketing description

High-visibility commercial / industrial property with exposure to approximately 3,300 vehicles per day, offering strong frontage and excellent signage potential. Located on over 2.5 acres and zoned Commercial Wholesale B-3, this property is situated within an Enterprise Zone, providing potential tax and development incentives. The building offers approximately 23,200 square feet of flexible space constructed with open cement block and steel frame construction, allowing for easy reconfiguration to accommodate a wide range of uses. Ideal for warehouse, distribution, contractor operations, light manufacturing, service businesses, retail/warehouse combinations, or owner-user occupancy. The interior features center-span ceiling heights of approximately 16 feet, with 14-16 foot door and ceiling heights, supporting efficient logistics and equipment access. The property includes two separate loading docks, strong truck access, and abundant on-site parking with additional outdoor storage potential. Infrastructure highlights include 3-phase power with approximately 1,200 amps, sprinkler system, and alarm system, supporting operational efficiency and safety requirements. The strong land-to-building ratio provides room for future expansion or redevelopment. With high traffic counts, flexible zoning, Enterprise Zone benefits, and adaptable construction, this property presents a compelling opportunity for owner-users, investors, or businesses seeking visibility, space, and growth potential. Video: https://youtu.be/eYK62oThA9g. Virtual Tour: https://www.asteroommls.com/pviewer?hideleadgen=1&token=HT3eCNolFUSKP8C2jERfWA

Listing Contacts

AP
IL 471007310, WI 55840-90
Prudential Towne Square Realty
Listed by Prudential Towne Square Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Aubra Palermo
License
471007310
Brokerage
ReMax Unites
Brokerage Phone
815-297-1778
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591