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220 N Galena Avenue, Freeport, IL 61032

Freeport
Local realty services provided by:CENTURY 21 New Heritage
220 N Galena Avenue,Freeport, IL 61032
$30,000
  • 0.33 Acres
  • Lots / Land
  • Active
Listed by: aubra palermo
Office: re/max unites
MLS#:12584197
Source:MLSNI

Price summary

  • Price:$30,000

About this home

Prime downtown commercial lot offering excellent visibility and development potential. Located in an area where over 1,000 employees work downtown and benefiting from approximately 8,000 vehicles per day in traffic exposure, this 120' x 120' site presents a strong opportunity for investors or owner-users. The property is zoned B-2-1 commercial and located within a federally designated Opportunity Zone, providing potential tax advantages for redevelopment or long-term investment. Site features include a two-sided illuminated sign, city utilities available, concrete sidewalks, and alley access, supporting a variety of commercial uses including retail, office, service business, restaurant, or mixed-use development. With strong visibility, downtown workforce proximity, and flexible commercial zoning, this site offers a compelling opportunity for businesses or developers seeking exposure and accessibility in a growing commercial corridor.

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Home facts

  • Listing ID #:12584197
  • Added:1 day(s) ago
  • Updated:March 10, 2026 at 06:39 PM

Structure and exterior

  • Lot area:0.33 Acres

Schools

  • High school:Freeport High School
  • Middle school:Freeport Junior High School
  • Elementary school:Empire Elementary School

Finances and disclosures

  • Price:$30,000
  • Tax amount:$1,669 (2024)
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