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220 N Galena Ave 0.33 Acres of Commercial Land Offered at $41,835 CAD in Freeport, IL 61032
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $41,835 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Tienda de conveniencia |
| No. Lots | 1 | Total Lot Size | 0.33 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | B2-1 | ||
| Price | $41,835 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Tienda de conveniencia |
| Total Lot Size | 0.33 AC |
| Opportunity Zone |
Yes |
| Zoning | B2-1 |
1 Lot Available
Lot
| Price | $41,835 CAD | Lot Size | 0.33 AC |
| Price Per AC | $126,389.73 CAD |
| Price | $41,835 CAD |
| Price Per AC | $126,389.73 CAD |
| Lot Size | 0.33 AC |
Description
Prime downtown commercial lot offering excellent visibility and development potential. Located in an area where over 1,000 employees work downtown and benefiting from approximately 8,000 vehicles per day in traffic exposure, this 120' x 120' site presents a strong opportunity for investors or owner-users. The property is zoned B-2-1 commercial and located within a federally designated Opportunity Zone, providing potential tax advantages for redevelopment or long-term investment. Site features include a two-sided illuminated sign, city utilities available, concrete sidewalks, and alley access, supporting a variety of commercial uses including retail, office, service business, restaurant, or mixed-use development. With strong visibility, downtown workforce proximity, and flexible commercial zoning, this site offers a compelling opportunity for businesses or developers seeking exposure and accessibility in a growing commercial corridor.
Property Taxes
| Parcel Number | 18-14-31-134-006 | Total Assessment | $20,784 CAD |
| Land Assessment | $20,148 CAD | Annual Taxes | -$1 CAD |
| Improvements Assessment | $636 CAD | Tax Year | 2024 |
Property Taxes
Presented by
220 N Galena Ave
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