Stephenson County, 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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Stephenson County, IL, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

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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Stephenson County, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Stephenson County, 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 Stephenson County, 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.

Stephenson County, IL Apartment Buildings for Sale

222 West Exchange Street, Freeport, IL 61032

211 E Stephenson Street, Freeport, IL 61032