Property for Sale: 500 Economy, Freeport, IL 61032

$2,900,000
$2,900,000
500 Economy, Freeport, IL 61032
$2,900,000
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Price:
$2,900,000

Type Commercial
Lot Size 10.15 acres
Year Built 1952

City Freeport
County Stephenson

MLS 12219088
Status Active
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.

Lot & Building Features

Construction Concrete
Cooling Chillers
Tax Year 2023
Lot Dimensions 692X497 ft

Price History of 500 Economy, Freeport, IL

Date Name Price Difference
12/31/1969 Listing Price $2,900,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Loris Ryan
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Crawford Realty, LLC, Tyler Stacey & Kirsten Crawford
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20%
1%
6.75%
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500 Economy (MLS #12219088) is a commercial listing located in Freeport, IL. This is a commercial listing with a lot of 442,134 sqft (or 10.15 acres). This property was listed on 12/10/2024 and has been priced for sale at $2,900,000.

Nearby zip codes are 61007 and 61013. This property neighbors other cities such as Baileyville and Cedarville.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Crawford Realty, LLC