1650 S Galena Avenue
Freeport, IL, 61032 $ 650,000
Bedrooms-- Baths-- Sq 23,200 Monthly Estimate*
$ 4,055
for $650,000. This 23,200 square foot building was built in 1965 on a lot size of 2.56.
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.
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FeaturesGeneralCooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Block Steel Siding
Year Built 1965
Electric Three Phase Heavy Power 1200+ Amps
Stories Count 1
Township Freeport
Tax Year 2024
Current Use Commercial
Gross Income 0
Business Type Food & Beverage
County Stephenson
Net Operating Income 0
Operating Expense 13983
Property Type Commercial Sale Industrial
Status New
Directions IL Highway 20 to Business IL Highway 20 (AKA Galena Ave)
City Freeport
MLS Area Freeport
Lot Size Square Feet 111514
Tax Annual Amount 13983
Additional Parcels Y/N N
Leasable Area 23200
Virtual Tour https://www.asteroommls.com/pviewer?hideleadgen=1&token=HT3eCNolFUSKP8C2jERfWA
Standard Status Active
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 23200
Lot Dimensions 438x257
Lot Size Acres 2.56
Frontage Type Public Road State Road US Highway
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* Excluded FeaturesList Byaubra@goldengirlzteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,055
- Monthly Property Taxes
- $1,165
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Freeport, IL
Average List Price $257,432
Percent of Sale Price 60%
About Freeport, IL 24,410 Population
-7% Since 2002
$ 36,441 Median Income
40.95 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/24/2025 | $650,000 | | Listed Price |