115 E South Street Freeport, IL $ 389,900
115 E South Street
$ 389,900
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115 E South Street

Freeport, IL, 61032
$ 389,900
Bedrooms-- Baths-- Sq 8,300

Monthly Estimate*

$ 2,432

115 E South Street, Freeport, IL 61032 - Image 1
115 E South Street, Freeport, IL 61032 - Image 2
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115 E South Street, Freeport, IL 61032 - Image 4
115 E South Street, Freeport, IL 61032 - Image 5
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115 E South Street, Freeport, IL 61032 - Image 8
115 E South Street, Freeport, IL 61032 - Image 9
115 E South Street, Freeport, IL 61032 - Image 10

Commercial Property for sale in Freeport, IL

for $389,900. This 8,300 square foot building was built in 1947 on a lot size of 0.482759.

Prime Commercial Building on Business 20 - Freeport ***Excellent visibility (IDOT TRAFFIC COUNTS 9,500 daily) and accessibility on Business 20 as you enter the Beltline into Freeport! This versatile 8,300 sq. ft. commercial building offers a mix of office and storage space, ideal for a wide variety of business uses. The original 3,200 sq. ft. structure, built in 1974, features 13-foot ceilings with a distinctive barrel roof. A 5,100 sq. ft. addition, constructed in 1994, provides expansive open space with over 14-foot ceilings, offering flexibility for storage, light industrial use, or expanded office layouts. Asphalt Parking Lot. Split into Storage and Offices, 2 bathrooms, HVAC and Electric updates.

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Commercial Active

Price

$ 389,900

Property Type

Commercial

Taxes

$ 6,711

Style

Commercial

Lot Size

0.482759

Year Built

1947

Town/City

Freeport

County/Region

Stephenson

MLS | Web ID

12462470

Features
General
Cooling Window Unit(s)
Possession Tenant's Rights
Roof Composition Metal Rubber
Zoning COMMR
Construction Materials Steel Siding
Year Built 1947
Electric Circuit Breakers
Tenant Pays Electricity Heat Taxes
Stories Count 1
Township Silver Creek
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial
Gross Income 0
County Stephenson
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions US RT 20 W to IL RT 26 S to South St
City Freeport
Number Of Units Total 1
MLS Area Freeport
Lot Size Square Feet 21029
Tax Annual Amount 6711
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Interior
Flooring Concrete
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Exterior
Building Area Total 8300
Lot Dimensions 108 X 240 X 108 X 195.91
Frontage Type City Street
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* Excluded Features
List By
Nexthome First Class

Broker

realtorkimberlytaylor@gmail.com; nexthomefirstclass@gmail.com

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Affordability Calculator

$2,992
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$559
Monthly 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2025$389,900 Listed Price

Map


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115 E South Street, Freeport, IL, 61032 is a Commercial Property for sale at $389,900 with 8,300 sqft and a lot size of 0.482759. 115 E South Street was built in 1947. The property's zip code is 61032 which is in Freeport, IL