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1611 S West Ave
Freeport, IL 61032
Retail Property For Sale

Investment Highlights
- Former Joann retail building in Freeport’s main retail corridor
- Surrounded by Walmart, Menards, ALDI, and other national brands
- Located 25 miles from Rockford and 100 miles from Chicago
- Excellent visibility near signalized intersection with 22,000 VPD
- Flexible layout suitable for retail or specialty uses
Executive Summary
This former Joann retail property at 1611 S West Avenue presents a prime acquisition opportunity in Freeport’s leading retail corridor. Positioned near a signalized intersection with traffic counts exceeding 22,000 vehicles per day, the site offers exceptional visibility and convenient access for regional and local shoppers. The building spans approximately 18,000 square feet and sits within a vibrant trade area anchored by national retailers such as Walmart, Menards, ALDI, Cub Foods, and Blain’s Farm & Fleet.
Freeport, known as the “Pretzel City,” is a historic community located 25 miles west of Rockford and 100 miles northwest of Chicago. The city serves as a regional hub for commerce and education, supported by major employers including FHN Memorial Hospital, Highland Community College, Honeywell International, and Newell Brands. With a population of nearly 27,000 within a five-mile radius and median household incomes exceeding $55,000, the area offers strong consumer demographics for retail investment.
The property’s strategic location near major thoroughfares and proximity to downtown Freeport enhances its long-term value. Nearby amenities include Krape Park, Jane Addams Trail, and a revitalized downtown district featuring local shops and restaurants. Whether repositioned for retail, service, or specialty use, this asset delivers flexibility and growth potential in a stable market. Contact the listing team for pricing and additional details.
Freeport, known as the “Pretzel City,” is a historic community located 25 miles west of Rockford and 100 miles northwest of Chicago. The city serves as a regional hub for commerce and education, supported by major employers including FHN Memorial Hospital, Highland Community College, Honeywell International, and Newell Brands. With a population of nearly 27,000 within a five-mile radius and median household incomes exceeding $55,000, the area offers strong consumer demographics for retail investment.
The property’s strategic location near major thoroughfares and proximity to downtown Freeport enhances its long-term value. Nearby amenities include Krape Park, Jane Addams Trail, and a revitalized downtown district featuring local shops and restaurants. Whether repositioned for retail, service, or specialty use, this asset delivers flexibility and growth potential in a stable market. Contact the listing team for pricing and additional details.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
18,145 SF
Building Class
C
Year Built
2004
Price
$100,000
Price Per SF
$5.51
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
1.43 AC
Parking
65 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
221’ on S West Ave
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 18-19-06-152-035 | Improvements Assessment | $480,862 |
| Land Assessment | $92,721 | Total Assessment | $573,583 |
Property Taxes
Parcel Number
18-19-06-152-035
Land Assessment
$92,721
Improvements Assessment
$480,862
Total Assessment
$573,583
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