77 S Louis Avenue

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77 S Louis Avenue

Freeport, IL 61032
Asking Price
$65K
Asset Type
Industrial
Class
Class B

What's Special

77 S Louis Avenue is situated in an established industrial corridor in Freeport, Illinois. The property benefits from its proximity to the US-20 bypass, providing efficient regional connectivity to Rockford and the greater Northern Illinois area. The immediate neighborhood is characterized by a mix of manufacturing facilities, distribution centers, and commercial service providers. Local amenities include various dining and retail options along the nearby E South Street and West Galena Avenue commercial strips. The site is accessible via standard surface streets designed to accommodate heavy vehicle traffic and logistical operations. The property is well-suited for light manufacturing, regional distribution, or specialized contractor services. Its layout and location cater to tenants requiring flexible warehouse space, assembly areas, or wholesale storage. Typical occupiers include logistics firms, mechanical contractors, and industrial equipment suppliers seeking a central hub within the Stephenson County market. The facility’s scale and infrastructure align with the operational needs of small to mid-sized industrial enterprises focused on regional supply chain management or local production.

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NOI
$80,000
Cap Rate
123.08%
DSCR
20.73
Strong
Cash-on-Cash
390.47%
Monthly Payment
$321.585
Annual Cash Flow
$76,140.986

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