773 W Lincoln Boulevard Freeport, IL $ 675,000
773 W Lincoln Boulevard
$ 675,000
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773 W Lincoln Boulevard

Freeport, IL, 61032
$ 675,000
Bedrooms-- Baths-- Sq 28,002

Monthly Estimate*

$ 4,262

773 W Lincoln Boulevard, Freeport, IL 61032 - Image 1
773 W Lincoln Boulevard, Freeport, IL 61032 - Image 2
773 W Lincoln Boulevard, Freeport, IL 61032 - Image 3
773 W Lincoln Boulevard, Freeport, IL 61032 - Image 4

Commercial Property for sale in Freeport, IL

for $675,000. This 28,002 square foot building was built in 1908 on a lot size of 0.826446.

Discover a truly unique commercial property where historic significance meets versatile, multi-tenant functionality. Each of the four floors offers its own layout and configuration, creating numerous possibilities for professional offices, medical or dental practices, salons, service-based businesses, educational uses, and a variety of other commercial applications. Originally constructed as a stately school, this impressive building has been thoughtfully redesigned into commercial space while retaining the architectural presence of its original use. This property offers outstanding flexibility for both an investor and an owner-user. The existing subdivision of several larger suites provides opportunities to accommodate businesses of varying sizes, while the building's common areas and accessibility features support a true multi-tenant environment. Whether continued as a multi-tenant commercial property, occupied by a larger organization, or configured for a combination of uses, this former school provides a substantial amount of adaptable space within a building. A rare opportunity to own a distinctive commercial property multiple income-producing spaces, flexible floor plans, and the ability to accommodate a diverse mix of commercial tenants under one roof which is brand new in 2025.

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Commercial Active

Price

$ 675,000

Property Type

Commercial

Taxes

$ 1,650

Style

Lot Size

0.826446

Year Built

1908

Town/City

Freeport

County/Region

Stephenson

MLS | Web ID

12770319

Features
General
Cooling Central Air
Year Built 1908
Electric Circuit Breakers
Stories Count 4
Township Freeport
Property Subtype Office
Tax Year 2025
Gross Income 20000
Additional Parcels Description 18143130100200
County Stephenson
Net Operating Income 180000
Operating Expense 60000
Property Type Commercial Sale Office/Tech
Status Active
Directions Take west to Lincoln and turn in parking lot
City Freeport
Number Of Units Total 22
MLS Area Freeport
Lot Size Square Feet 36000
Tax Annual Amount 1650
Additional Parcels Y/N Y
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 28002
Lot Dimensions 182x200
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* Excluded Features
List By
Welcome Home Nw Illinois Inc

Broker

ashh2002@hotmail.com

Email

Affordability Calculator

$4,400
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,262
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/26/2026$675,000 Listed Price

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773 W Lincoln Boulevard, Freeport, IL, 61032 is a Commercial Property for sale at $675,000 with 28,002 sqft and a lot size of 0.826446. 773 W Lincoln Boulevard was built in 1908. The property's zip code is 61032 which is in Freeport, IL