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404 N West Ave 404 N West Ave 1,276 SF 100% Leased Office Building Freeport, IL 61032 $181,285 CAD ($142.07 CAD/SF)



Executive Summary
High-visibility professional office building with exposure to over 11,000 vehicles per day, offering excellent signage and easy access for clients and customers. This almost 1,300 square foot commercial space is ideal for professional office, medical, service business, or small business use. The current layout includes a large front reception with office area, conference room, spacious private front office, second private office, and a break area with refrigerator, along with ample storage throughout and a main-level half bath. The full usable basement provides additional functional space and includes a second half bath, offering flexibility for storage, workspace, or expansion of operations. Interior features include abundant windows throughout and ceilings over 10 feet high, creating an open and professional environment. The property also features a brick exterior for durability and low maintenance. Roof new within the last 5 years with a warranty remaining. Parking included. You won't want to miss this location and opportunity for your business!
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (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 SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,276 SF
Building Class
C
Year Built
1937
Price
$181,285 CAD
Price Per SF
$142.07 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,276 SF
Building FAR
0.23
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R5 - Medium High Density Multiple-Family Residential District
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 18-13-36-228-035 | Total Assessment | $26,416 CAD |
| Land Assessment | $12,460 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $13,956 CAD | Tax Year | 2024 |
Property Taxes
Parcel Number
18-13-36-228-035
Land Assessment
$12,460 CAD
Improvements Assessment
$13,956 CAD
Total Assessment
$26,416 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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404 N West Ave | 404 N West Ave
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