Freeport, IL Apartment buildings for sale

$459,900

Freeport Mixed-Use Investment Opportunity

222 West Exchange Street, Freeport, IL 61032

Downtown Freeport multi-level property with residential and commercial spaces.

Multiple Income Streams: Diversified revenue from residential loft and 21 commercial spaces.
Prime Downtown Location: High visibility and proximity to dining, retail, and civic amenities.
Residential Loft Apartment: Five‑bedroom loft suitable for executive housing, rental, or owner occupancy.
Functional Elevator: Enhances accessibility for all tenants and customers.
Ample On‑Site Parking: Convenient for tenants and customers.

Updated: Dec 11, 2025

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$129,900

Freeport Mixed-Use Investment Opportunity

211 E Stephenson Street, Freeport, IL 61032

Multi-use property in Freeport's Enterprise Zone with commercial and residential units.

Multi‑use property in downtown Freeport, located within Enterprise Zone.
Large commercial office space (211 E Stephenson St) features high ceilings, kitchenette, and unfinished basement.
Four 1‑bedroom/1‑bath apartments (211 1/2 E Stephenson St) with individual furnaces and gas/electric meters.
All units are currently occupied with tenants current on rental balances.
Convenient access to a 24‑hour parking lot across the street, plus street parking.

Updated: Mar 12

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Freeport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$874,900

Mixed-Use Commercial Building

Well-maintained mixed-use building with retail/office space and five updated 1-bedroom apartments, supported by recent improvements.

1040 1st Center Avenue, Brodhead, WI 53520

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Six-Unit Multifamily Investment Opportunity

$324,900

3,350 SF

Six-Unit Multifamily Investment Opportunity

Six-unit multifamily property with rental income potential in Rockford, IL.

909-911 Ridge Avenue, Rockford, IL 61103

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Brodhead Mixed-Use Investment Opportunity

$879,900

0.12 Acres

Brodhead Mixed-Use Investment Opportunity

Commercial space plus five updated apartments in Brodhead's Historic District.

1040 1st Center Avenue, Brodhead, WI 53520

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Contact for pricing

98,107 SF

Rockford Affordable Housing Portfolio

130-unit portfolio of affordable housing assets in Rockford, IL.

414 N Court St, Rockford, IL 61103

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

29.2 acres of retail-zoned land for mixed-use development.

N West Bypass, Springfield, MO 65802

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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$285,000

0.74 Acres

Norman Land For Luxury Condos

Prime Norman land suitable for luxury condos development.

801 NW 36th Avenue, Norman, OK 73072

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$285,000

0.74 Acres

Buildable Lot for Luxury Condos

0.74 acre buildable lot zoned for low-density apartments.

801 36th Ave NW, Norman, OK 73072

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Freeport, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Freeport, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $589,800.

Sale prices for two-family homes in Freeport, IL start at $129,900, averaging $294,900, and reaching up to $459,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
61032	$294.9K

Neighborhood

Average Price

61032

$294.9K

Freeport, IL Apartment Buildings for Sale

222 West Exchange Street, Freeport, IL 61032

211 E Stephenson Street, Freeport, IL 61032