Apartment Building

Freeport, IL Apartment Buildings for Sale

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West Terre Haute, IN Cedarville, IL Eleroy, IL Dakota, IL Pearl City, IL Lena, IL Shannon, IL Orangeville, IL
Mixed-Use Retail and Residential Building
Updated: Apr 11
Mixed-Use Retail and Residential Building

202-204 E Main St, Freeport, IL 61032

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8,800 sqft
Brick mixed‑use building with 2,720 SF retail/manufacturing on the first floor
First‑floor includes 1,680 SF warehouse space
Second‑floor has 4,400 SF residential with 5 apartments
Residential units generate $2,000/month
Additional $800/month potential by renting the downstairs
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Eight-Unit Multifamily Building
Eight-Unit Multifamily Building

5635 Andrews Drive, Roscoe, IL 61073

$960,000
4,176 sqft

Well-maintained eight-unit building with two-bedroom, one-bath units and garage parking for eight vehicles.

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8-Unit Apartment Building
8-Unit Apartment Building

5635 Andrews Dr, Roscoe, IL 61073

$960,000
4,176 sqft

Well-maintained multifamily property with uniform two-bedroom units, garage parking, and additional on-site parking.

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Six-Unit Apartment Building
Six-Unit Apartment Building

909-911 Ridge Avenue, Rockford, IL 61103

$324,900
3,350 sqft

Six-unit multifamily property with five units currently rented and street parking available for residents and guests.

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Rockford Affordable Housing Portfolio
Rockford Affordable Housing Portfolio

414 N Court St, Rockford, IL 61103

Contact for pricing
98,107 sqft

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

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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.

Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

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

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Freeport, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Freeport, IL on our real estate platform. These investment opportunities span a total of 8,800 square feet of properties for sale.

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Demographics Overview

Population 29K
Population Growth (5Y) -2.8%
Median Household Income $54,179
College Educated 27.1%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stephenson County

New Delisted

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