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Executive Summary
Prime commercial opportunity in the heart of downtown West Chicago! This versatile 6,770-square-foot building offers exceptional flexibility for owner-users and investors alike. Featuring tall ceilings, one loading dock with a hydraulic lift, and 15+ on-site parking spaces, the property is well-equipped to accommodate a wide range of commercial operations. Recent improvements include a newly replaced roof, updated electrical service, an updated kitchen, and new awnings, providing added value and minimizing future capital expenses. Ideal for showroom, light manufacturing, distribution, creative studios, contractor headquarters, or specialty commercial users (subject to municipal zoning and approvals). Its strategic location provides excellent accessibility with close proximity to the West Chicago Metra station to Chicago, major transportation routes, and the downtown business district. Whether you're expanding your business, relocating, or seeking a valuable investment property, 131 Fremont Street offers outstanding functionality, visibility, and long-term potential.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$95,480,000
|
$14,000.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$95,480,000
|
$14,000.00
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $95,480,000 |
| Annual Per SF | $14,000.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $95,480,000 |
| Annual Per SF | $14,000.00 |
Property Facts
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04-04-415-001 | Total Assessment | $158,148 (2024) |
| Land Assessment | $51,778 (2024) | Annual Taxes | $95,480,000 ($14,000.00/SF) |
| Improvements Assessment | $106,370 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
04-04-415-001
Land Assessment
$51,778 (2024)
Improvements Assessment
$106,370 (2024)
Total Assessment
$158,148 (2024)
Annual Taxes
$95,480,000 ($14,000.00/SF)
Tax Year
2025
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131 Fremont St
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