Freeport, IL Hospitality properties for sale

Updated: Oct 9

Wedding Venue with Event Facilities

395 W Cedarville Road, Freeport, IL 61032

$625,000

4,800 sqft 22.00 AC lot

22‑acre property with indoor and outdoor event areas
60‑by‑40‑foot ADA‑compliant commercial building with licensed kitchen and custom bar
Historic brick residence with four bedrooms and 10‑foot ceilings
2,088‑square‑foot outdoor shelter and a remodeled Crib with stage and bar service
Parking for 100 cars; independent well and septic systems

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1 active listing matches your search: Hospitality for sale in Freeport, IL. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Full-Service RV Campground

600 E 17TH ST, Rock Falls, IL 61071

Contact for pricing

1,157,389 sqft Built 2016 / renov 2026

Year-round campground with city utilities, modern guest facilities, recreational attractions, and room for additional site development.

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80-Unit Interior-Corridor Hotel

2106 1st Avenue, Rock Falls, IL 61071

Contact for pricing

3-story

Three-story lodging property with extensive renovations completed from 2024 to the present.

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Beachfront Resort & Land Opportunity

Clare, 60111

$4,600,000

Flat beachfront and riverside property includes an existing resort with villa suites, apartments, and guest amenities.

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Beachfront Resort With Expansion Land

Clare, 60111

$4,600,000

Established hospitality property with villa suites, apartments, restaurant, pool, and a beachfront setting.

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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.

Lake Carroll Golf Course Lot

23-5 Lake Carroll Boulevard, Lake Carroll, IL 61046

Contact for pricing

1.49 acres

1.49-acre golf course lot near Lake Carroll amenities.

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Land Near Lake Carroll

12-124R Briarwood Drive, Lake Carroll, IL 61046

Contact for pricing

0.77 acres

0.77 acre parcel near lake, amenities, and marina.

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Commercial Land Parcel

N Main Street, Rockton, IL 61072

$550,000

13.2 acres Commercial General

Commercially zoned acreage near downtown Rockton and established residential communities.

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Commercial Land Near Golf Course

N Main, Rockton, IL 61072

$550,000

13.2 acres

Commercial General-zoned tract near Red Barn Golf Course, Stone Ridge Subdivision, and Summit Condos.

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Freeport, IL Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Freeport, IL on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $625,000.

Sale prices for hospitality properties in Freeport, IL average $625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Freeport, IL Hospitality Properties for Sale

395 W Cedarville Road, Freeport, IL 61032