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211 E Stephenson, Freeport, IL 61032

Freeport
Local realty services provided by:CENTURY 21 Affiliated
211 E Stephenson,Freeport, IL 61032
$110,000
  • - Beds
  • - Baths
  • 5,040 sq. ft.
  • Multi-family
  • Pending
Listed by: brian borchardt
Office: a-1 agency
MLS#:202602154
Source:IL_RAAR

Price summary

  • Price:$110,000
  • Price per sq. ft.:$21.83

About this home

REDUCED - 16 % + Pro Forma Return ! For Sale – Mixed-Use Investment / Owner-User Opportunity | Freeport, IL Well-located three-story brick commercial building offering a compelling blend of stable income and owner-user potential. Situated in a visible corridor of Freeport, this classic structure features four residential apartments and a street-level commercial space, making it ideal for investors or business owners seeking to occupy while collecting rental income. The residential component consists of four apartments, with three units currently leased, providing immediate, reliable cash flow. Units are well-configured and appeal to the area’s steady demand for affordable housing, a common driver of consistent occupancy in the Freeport market . The main-floor commercial space is currently vacant, presenting a prime opportunity for an owner-user or value-add investor. With strong street presence, large storefront windows, and flexible layout, the space is well-suited for a variety...

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Home facts

  • Listing ID #:202602154
  • Added:195 day(s) ago
  • Updated:October 31, 2026 at 10:37 PM

Rooms and interior

  • Kitchen Description:Refrigerator, Stove/Cooktop
  • Basement Description:Full
  • Living area:5,040 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window Unit
  • Heating:Electric, Natural Gas

Structure and exterior

  • Building area:5,040 sq. ft.
  • Construction Materials:Brick/Stone
  • Levels:3+ Story

Schools

  • High school:Freeport 145
  • Middle school:Freeport 145
  • Elementary school:Freeport 145

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$110,000
  • Price per sq. ft.:$21.83

Features and amenities

  • Amenities:Balcony

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