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    Freeport, IL
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    West Terre Haute, IN Cedarville, IL Eleroy, IL Dakota, IL Pearl City, IL Lena, IL Shannon, IL Orangeville, IL
    Wedding Venue with Commercial Buildings
    Updated: Nov 28, 2025
    Wedding Venue with Commercial Buildings

    395 W Cedarville Rd, Freeport, IL 61032

    $650,000
    22.00 AC lot
    22‑acre property with wedding venue and hospitality components
    60'x40' commercial building constructed in 2008
    Licensed kitchen, retail area, event room, and temperature‑controlled lower‑level rooms
    Outdoor Crib with bar service and stage connected to a 2, 088 sqft shelter
    Event center averages 51 events annually
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Turn-Key Inn with Annex
    Turn-Key Inn with Annex

    412 Spring Street, Galena, IL 61036

    $850,000
    10,342 sqft

    Licensed inn property with multiple guest suites and additional annex space on Highway 20.

    View details
    Hospitality Property with Motel Units
    Hospitality Property with Motel Units

    211 Wisconsin Ave, Wisconsin Dells, WI 53965

    $2,200,000

    Operational lodging property combining a main-house rental model with a separate 22-unit seasonal motel.

    View details
    Riverfront Hotel and Motel
    Riverfront Hotel and Motel

    930 River Rd, Wisconsin Dells, WI 53965

    Contact for pricing

    Downtown Wisconsin Dells lodging with 43 guest rooms across B&B houses, bungalows, and a motel.

    View details
    Turn-Key Galena Inn Guest House
    Turn-Key Galena Inn Guest House

    412 Spring Street, Galena, IL 61036

    $850,000
    10,342 sqft 0.45 AC lot

    Licensed bed-and-breakfast with six deluxe suites and included furnishings, sold as one property with an annex.

    View details

    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.

    Union Pier Land Opportunity
    Union Pier Land Opportunity

    16351 Red Arrow Highway, Union Pier, MI 49129

    $630,000
    148,104 sqft 3.40 AC lot

    3.40 acres near beach, close to downtown and beaches.

    View details
    Grafton Bed & Breakfast Opportunity
    Grafton Bed & Breakfast Opportunity

    1 Tara Point Drive, Grafton, IL 62037

    $2,500,000
    4,800 sqft 19.85 AC lot

    Bed & breakfast opportunity with stunning river views in Grafton, IL.

    View details
    Multi-Family Development Land
    Multi-Family Development Land

    1301 W Tapp Road, Bloomington, IN 47403

    $264,000
    0.76 AC lot

    Multi-family zoned parcel with quick I-69 access and potential townhouse or other mixed-use residential concepts.

    View details
    Wooded Corner Lot for Sale
    Wooded Corner Lot for Sale

    Tract D Golden Lane, Lebanon, MO 65536

    $64,000
    6.80 AC lot

    6.8 acre wooded corner lot, ideal for building a home.

    View details

    Freeport, IL Bed & Breakfasts Market Trends and Statistics

    Explore 1 bed & breakfasts for sale in Freeport, IL on our real estate platform.

    Sale prices for inns in Freeport, IL average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 1

    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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