Friedman Real Estate Brokers Sale Of 79000 SF Office Property At 524 W Stephenson In Freeport
524 West Stephenson Street
Building Size
79,000 SF
Asset Type
Office
Closing
Dec 15, 2025
About this deal
AI
A ±79,000 square foot office property was sold at 524 West Stephenson Street in Freeport, IL. The transaction underscores the property’s role in the commercial real estate market within the Freeport area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Square Footage: 79,000 SF
- Address: 524 West Stephenson Street
- Market: Freeport
Josh Miller, Steven Silverman, and Ryan Wilner from Friedman Real Estate were the brokers involved in this transaction, showcasing their capability in managing substantial commercial real estate deals.
On the Map
Office
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Freeport Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93