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    105 S State St Freeburg, IL 62243

    For Sale
    $169,900

    Commercial Sale - Freeburg, IL

    Property size:
    1,524 SF
    Lot size:
    0.16 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 105 S State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    14-20.0-322-017
    Parking features
    Carport, Open, Parking Lot, Paved or Surfaced
    Size
    1,524 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1940
    Building materials
    Aluminum Siding
    Roof type
    Shingle
    Architectural style
    Other

    Stellhorn Realty, Inc. (618) 304-7557 [email protected]

    Listing agent Connie Stellhorn-Schanter (618) 234-6622 License #471006035

    Listing date Sep 25, 2025

    MLS# 25017607 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Freeburg Commercial Opportunity

    This commercial building is located in downtown Freeburg. The property offers a flexible layout suitable for various professional uses. Updated electrical, plumbing, windows, roof, and HVAC systems are in place. The property includes a lower-level office and an apartment with separate utility services and its own access. A long-term tenant occupies the second-floor one-bedroom apartment, generating rental income. The full basement provides storage space and has an easy entrance. Parking includes two covered spaces and six additional off-street spots. The main floor, previously used as office space, is move-in ready. The lot size is 0.16 acres and the property size is 1524 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tom Binger - State ... Insurance Agency The bruised poppy llc Boutique Green Ml Services ... Convenience Store ATM Atm Happy Day Tropical ... Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Freeburg
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.908672
    Latitude
    38.425111

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    • $485,000
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      Freeburg Warehouse: $485,000

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    FAQs

    What type of property is this?
    Office space - Well-maintained commercial building in high-traffic location with rental income.
    Where is this office space located?
    The property is located at 105 S State St Freeburg, IL.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Prime downtown Freeburg location with high visibility and traffic.; - Move-in ready main floor office space, recently vacated.; - Consistent rental income from a long-term tenant in the second-floor apartment.
    (618) 234-6622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 S State St Freeburg, IL 62243
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