000 Mountain Lane Freeport, IL ^$ 315,000

000 Mountain Lane

^$ 315,000

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000 Mountain Lane

Freeport, IL, 61032

^$ 315,000

Studio Baths0.0

Monthly Estimate*

^$ 1,965

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Studio

Lots and Land for sale in Freeport, IL

for $315,000. The lot size is 34.88.

Price improvement! Rare 34.88 acre tract just 5 minutes from Freeport, IL, offering a unique blend of tillable income, hardwood timber, and scenic build sites. Approx. 18 acres of productive farmland currently in alfalfa with strong Woodbine & Elizabeth silt loam soils. About 16 acres of mature woods with marketable black walnut, abundant deer & turkey, and 1,100 of frontage along Yellow Creek for camping, fishing, and recreation. Zoned E-1 with multiple building options including exposed basement potential. Low 2024 taxes of ~$774 with optional leaseback on tillable acres. Convenient location near Freeport, 45 min to Rockford, 1.5 hrs to Chicago suburbs. Ideal opportunity for a country estate, hobby farm, or recreational getaway.

Lots and Land Active

Price

^$ 315,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 774

Style

Agricultural,Recreational

Lot Size

34.88

Town/City

Freeport

County/Region

Stephenson

MLS | Web ID

12425553

Features

General

Utilities Electricity Nearby

Possession Closing

Township Florence

Tax Year 2024

Current Use Agricultural Recreational

Ownership Fee Simple

County Other

Property Type Land Land

Status Active

Directions From W. Pearl City Road take County Road 1175 E. south approximately 1 mile. Turn left onto West Forest Road and follow that for approximately 1 mile. Turn right onto Shepard Drive and Mountain Lane

City Freeport

MLS Area Out of Area West

Tax Annual Amount 774

Standard Status Active

Exterior

Total Parking 0

Lot Dimensions 1500X1500

Lot Size Acres 34.88

Road Surface Type Asphalt

Frontage Length 60

Frontage Type Township Road

Waterfront Y/N Y

Interior

Total Baths 0

* Excluded Features

List By

Midwest Land Group Llc

Broker

il-broker@midwestlandgroup.com

Affordability Calculator

$2,030

Per Month

Monthly Principal & Interest: $1,965
Monthly Property Taxes: $65
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Freeport, IL

Average List Price ^$181,655

Percent of Sale Price 42%

About Freeport, IL

24,410 Population

-7% Since 2002

^$36,441 Median Income

40.95 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/29/2025	$315,000	-4.55%	Price Down
7/23/2025	$330,000		Listed Price

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000 Mountain Lane, Freeport, IL, 61032 is a Lots and Land for sale at $315,000 with a lot size of 34.88. 000 Mountain Lane is a studio with 0.0 baths. The property's zip code is 61032 which is in Freeport, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/9/2025.

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000 Mountain Lane

Lots and Land for sale in Freeport, IL

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