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$ 200,000
Est. payment | /mo
4,588 SqFt
$ 200,000
Est. payment | /mo
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

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Aubra Palermo of RE/MAX Unites
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