414-278-6825
701 W Lamm Rd, Freeport, IL for Sale
Office - FOR SALE
1/23
null | Request Cap Rate

701 W Lamm Rd
Freeport, IL 61032


HIGHLIGHTS

  • 701 W Lamm Road is a 40,192-SF mixed-use building, with 21,172 SF occupied by a special needs school, and the remainder occupied by the developer.
  • Off State Route 26, approximately 30 miles west of Rockford, and the Chicago/ Rockford International Airport is less than an hour’s drive.
  • Multi-use property with rental income from the private academy through 2032 and the developer through mid-2029.
  • Building was purpose-built in 1982 for a children's school and features 76 parking spaces, a portion of a fenced-in yard, and loading capability.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Specialty School & Developer’s Office

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

76

LAND DETAILS

LAND ACRES

8.5 AC

LAND SF

370,260 SF

ZONING

NEC

APN/PARCEL ID

18-19-18-100-010

ASK ABOUT THIS PROPERTY

Joe Eldredge, CCIMColliersMore Info
414-278-6825

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Joe Eldredge, CCIMColliersMore Info
414-278-6825

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.