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1801 S West Ave
Freeport, IL 61032
Value-Add Neighborhood Retail in Freeport · Retail Property For Sale
Investment Highlights
- Rare opportunity to acquire a prominent neighborhood retail center located at 1801 S West Avenue in Freeport, Illinois.
- Prime asset with high 91.7% occupancy among a diverse tenant roster, presenting new ownership lease-up upside with two remaining units.
- The size of the parcel and the abundance of parking presents a potential out lot development opportunity at the center.
- Excellent location positioned at a lighted intersection with frontage traffic counts exceeding 11,000 vehicles per day.
- Dollar Tree, with a lease through mid-2026, anchors the center and boosts daily needs traffic.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
46,234 SF
Building Class
C
Year Built
1977
Percent Leased
56%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
3.36 AC
Zoning
C-3 - Commercial
Parking
275 Spaces (5.95 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 18-19-06-300-113 | Improvements Assessment | $432,581 |
| Land Assessment | $148,391 | Total Assessment | $580,972 |
Property Taxes
Parcel Number
18-19-06-300-113
Land Assessment
$148,391
Improvements Assessment
$432,581
Total Assessment
$580,972
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