Distribution Space with Trailer Parking

1201 S Adams Ave Freeport, IL 61032

1201 S Adams Ave, Freeport, IL, 61032
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FOR LEASE
Property Type:
Warehouse
Amount:
Please Call Broker for Price

Last Verified:
Oct 04, 2024

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Highlights

  • Affordable rent
  • Flexible unit sizes
  • Strategically located between major MSAs
  • Part of the Northwest Illinois Enterprise Zone

Description

Affordable industrial space with flexible unit sizes. Great for distribution or manufacturing. Heavy power available. Ample truck/trailer parking. Up to 9 dock doors.

Strategically located between Rockford IL, Madison WI, Davenport IA, and the Quad Cities IA/IL. Easy access to US Rt 20, I39, and I90.

Potential tax incentives available as part of the Northwest Illinois Enterprise Zone.

1 min to US Rt 20. 35 min to I39/I90 near Rockford IL. 45 min to I88 near Dixon IL. 93 min to Chicago O'Hare International Airport.

30 miles to Rockford IL. 64 miles to Madison WI. 65 miles to Dubuque IA. 100 miles to Chicago IL.


Year Built: 1925
Building Size: 328723sq ft
Lot Size: 18.0 acres


Documents

Lease Brochure - 1201 S Adams Ave Freeport IL revised 2-7-24.pdf

Units for Lease

Suite 400
Space Available: 64000 SF
Lease Type: NNN

Price Per Sqft/Month: $3.75
Suite 200/700
Space Available: 97166 SF
Lease Type: NNN

Price Per Sqft/Month: $3.00
Suite 200/400/700
Space Available: 161166 SF
Lease Type: NNN

Price Per Sqft/Month: $2.25

Map of 1201 S Adams Ave, Freeport, IL, 61032

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.