500 Economy Court, Freeport, IL, 61032

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$2,900,000
12 Days On Site

500 Economy Court
Freeport, IL 61032

For Sale|Office|Active
0
Beds
0
Full Baths
0
Partial Baths
181,657
SqFt
$16
/SqFt
1952
Built
County:
Stephenson
Listing Courtesy of MRED as distributed by MLS Grid of Crawford Realty, LLC

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500 Economy Court500 Economy Court500 Economy Court500 Economy Court
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Incredible opportunity to own a one of a kind commercial office building in Freeport, IL! This property is located just minutes from US Bus 20 and about 5 minutes away from US Hwy-20. This building is currently built out for office use as a former call center. There is over 181,000 total square feet over 4 wings. There are 3 pin numbers, one of which is an additional parking lot across the road from the main lot. The east wing was built in 1952 with an addition done in 1957. The west wing was built in 1952. The north wing was added on in 1977 and the south wing was built in 1988. The north, south, and west wings are 3 floors with the East wing being 2 floors. The roof on the north wing was redone in 2020 with the other wings having older roofs. The property has 2 functioning passenger elevators, 31 total conference rooms, and 21 restrooms. Each wing has its own incoming electrical service. The east wing is 600a, the west wing is 1000a, the north wing is 1600a, and the south wing is 1200a. There are 600+ parking spots and a 2 level parking garage. The property is currently vacant with a property manager tending to the building on a daily basis. More information available upon request.

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Listing Snapshot
Price 
$2,900,000
Days On Site 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
181,657 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
10.15 Acres
Year Built 
1952
MLS® Number 
12219088
Status 
Active
Property Tax 
$95,815.23
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
10.15
Additional Property Use 
Commercial
Foundation 
Concrete PerimeterPillar/Post/Pier
Number Of Stories 
3
Property Sub Type 
Office
SqFt Total 
181657
Zoning 
COMMR
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Exterior Features
Construction Details 
BrickConcrete
Community Features
MLS Area 
Freeport
Listing Courtesy of MRED as distributed by MLS Grid of Crawford Realty, LLC



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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