2 W Spring Street Freeport, IL $ 200,000
2 W Spring Street
$ 200,000
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2 W Spring Street

Freeport, IL, 61032
$ 200,000
Bedrooms-- Baths-- Sq 4,588

Monthly Estimate*

$ 1,381

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Commercial Property for sale in Freeport, IL

for $200,000. This 4,588 square foot building was built in 1925 on a lot size of 0.11.

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!

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Commercial Active

Price

$ 200,000

Property Type

Commercial

Taxes

$ 1,868

Style

Commercial

Lot Size

0.11

Year Built

1925

Town/City

Freeport

County/Region

Stephenson

MLS | Web ID

12806379

Features
General
Cooling None
Zoning COMMR
Construction Materials Block
Year Built 1925
Electric None
Stories Count 2
Township Freeport
Tax Year 2025
Current Use Commercial
Gross Income 0
County Stephenson
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Multi-Family Retail
Status New
Directions Corner Spring St and Chicago Ave
City Freeport
Number Of Units Total 2
MLS Area Freeport
Lot Size Square Feet 4826
Tax Annual Amount 1868
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Standard Status Active
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Exterior
Building Area Total 4588
Lot Dimensions 40' x 120'
Lot Size Acres 0.11
Frontage Type City Street
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* Excluded Features
List By
Re/Max Unites

Broker

aubra@goldengirlzteam.com

Email

Affordability Calculator

$1,537
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,381
Monthly Property Taxes
$156
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/11/2026$200,000 Listed Price

Map


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2 W Spring Street, Freeport, IL, 61032 is a Commercial Property for sale at $200,000 with 4,588 sqft and a lot size of 0.11. 2 W Spring Street was built in 1925. The property's zip code is 61032 which is in Freeport, IL