2 W Spring ST, Freeport, IL 61032
2 W Spring ST, Freeport, IL 61032
2 W Spring ST, Freeport, IL 61032
2 W Spring ST, Freeport, IL 61032
2 W Spring ST, Freeport, IL 61032
2 W Spring ST, Freeport, IL 61032
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$ 200,000
Est. payment | /mo

4,588 SqFt


Save
$ 200,000
Est. payment | /mo
Save

4,588 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,588 sqft

Price per Sqft $43

MLS Listing ID 12806379

Year Built 1925

Annual Tax Amount $1,868

Tax Year 2025

Lot Size 4,791 Sqft

Lot Dimensions 40' x 120'

Property Sub-Type Mixed Use

Property Description

Mixed-use investment opportunity in Downtown Freeport! Approx. 4,588 sq ft of flexible commercial, retail, office and residential space, located in the Downtown TIF District and an Illinois Enterprise Zone. Live in one unit and let the rest of the building generate income, or lease it all for multiple income streams. The main level offers a retail space ideal for a coffee shop, boutique or professional business, plus a separate rentable office space, a common entry with mail area, and 4 garage stalls. Plans are drawn for two upper-level apartments: a 3 bedroom, 2 bath unit and a 1 bedroom, 1 bath unit, each with an open living room, kitchen with dining area and in-unit laundry. That makes it a great fit for an owner-occupant, long-term rentals, short-term rentals, or a home base while you travel. A value-add project for investors, owner-users and live/work buyers ready to bring their vision. Schedule your tour today!

Location

State IL

County Stephenson

Area Freeport

Zoning COMMR

Interior

Cooling None

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Block

Midwest Real Estate Data (MRED) IDX
Listed by Aubra Palermo of  RE/MAX Unites 

NEARBY PROPERTIES

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2 W Spring ST