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    1203 Il Rt 26 N Freeport, IL 61032

    For Sale
    $2,000,000

    Commercial Land - FREEPORT, IL

    Days on Market:
    70
    Last Refresh:
    Dec 10 at 5:06 pm

    Property Features for 1203 Il Rt 26 N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    071419300014

    Utilities

    Heating system
    None (Heating)

    Building Details

    Building materials
    Other
    Roof type
    Other
    Architectural style
    Other

    Choice Realty (815) 235-2111 [email protected]

    Listing agent JOAN WELT (815) 616-5311 License #475128747

    Listing date Oct 2, 2025

    MLS# 133880 Listing URL

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

    Overview

    Commercial Land Freeport, Illinois

    This commercial land offers a development opportunity with high visibility and easy access off Business 20 West. The site is zoned B-3 and suitable for various commercial uses. The property benefits from available utilities, including electric, water, sewer, and gas. Division of the land is possible, and there is an opportunity to purchase additional land. The location may qualify for economic incentives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Freeport
    County
    Stephenson
    State
    Illinois
    Longitude
    -89.63198
    Latitude
    42.31889

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    FAQs

    What type of property is this?
    Commercial land - Commercial land available for development with high visibility and easy access.
    Where is this commercial land located?
    The property is located at 1203 Il Rt 26 N Freeport, IL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - High visibility location off Business 20 West; - Opportunity for commercial development; - Utilities available: Electric, Water, Sewer, Gas
    (815) 616-5311
    Request Owner's contact information
    1203 Il Rt 26 N Freeport, IL 61032
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    Freeport, IL 61032
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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
    1203 Il Rt 26 N Freeport, IL 61032
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