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Listing provided courtesy of HomeSmart Connect LLCMREDas Distributed by MLSGrid- MLS# 12683441MLS Provider

Freeport, IL 61032

Commercial · 2,400 Sq. ft. | 1.47 Acres
$65,000 New

Overview

Time on Site:
1 day
Visits:
0

Excellent opportunity to own a versatile commercial property measuring 40 feet x 60 feet (2,400 sq. ft.). The current owner completed a Phase I Environmental Site Assessment in 2005, providing valuable environmental due diligence documentation. This property offers tremendous flexibility for a variety of business uses, including: Auto repair or service shop, Storage facility, Warehouse space, Contractor operations, Light industrial use, Distribution center Equipment storage. With its adaptable layout and commercial potential, this property is well-suited for entrepreneurs, investors, and business owners alike. The possibilities are endless. Contact us today for additional information or to schedule a viewing.

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Facts & Features

  • Type Commercial
  • Sq. ft. 2,400
  • Price/Sq.ft. $27
  • Lot 1.47 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1950

Location/Region

  • County Or Parish: Stephenson
  • MLS Area Major: Freeport
  • Township: Lancaster

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $373.60
  • Tax Year: 2023

General Information

  • Parcel Number: 07143220201300
  • Property Sub Type: Warehouse
  • Property Type: Commercial Sale
  • Zoning: INDUS

Interior

Building Interior

  • Building Area Total: 2400

General Information

  • Cooling: None
  • Electric: Circuit Breakers
  • Leasable Area: 2400
  • Stories: 1

Unit Information

  • Unit SqFt.: 2400

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 1.47
  • Lot Size Dimensions: 236*240
  • Lot Size Square Feet: 56640

General Information

  • Number Of Units Total: 1

Neighborhood

Community

61032 (Freeport) Demographics

45
Median Age
199
Population Density (per sq. mile)
29%
College Educated
$43,853
Estimated Median Income
8,593
Estimated Total Home Owners
4,894
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$219,177
Average List Price
$105
Average Price per Square Foot
43
Properties Sold
97
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026