Listing Agency: RE/MAX TOWN LAKE & COUNTRY · RE/MAX International j***@remax.net Show Phone

Listed By: Tracey DeCrane · License #475122157 Show Phone

Added: Aug 16, 2025 Changed: Aug 4 Last Checked: Aug 11 at 3:06PM

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MLS# 202504994

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront at 218 W Stephenson in Freeport offers a flexible commercial setting for a restaurant, coffee shop, or ice cream parlor. The premises include two restrooms, providing an established feature for customer-facing operations.

The lease requires a minimum term of 6 months. The tenant is responsible for all utilities, creating a straightforward occupancy structure for the space.

Key Highlights

• Storefront property at 218 W Stephenson, Freeport, IL 61032
• Two restrooms on site
• Restaurant, coffee shop, or ice cream parlor use identified

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Hair Salon Dental Office Big Box & Wholesale Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

205

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 61032, IL

29,110

Population

14,685

Households

2

Avg Household Size

46

Median Age

20%

College-Educated

91%

High-School Grad

148.7 sq mi

ZIP Area

196

Density / Sq Mi

$54,179

Median Household Income

$34,893

Median Earnings

$769

Median Rent

$106,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - The space includes two restrooms and is presented for restaurant, coffee shop, or ice cream parlor use.

Where is this storefront property located?

The property is located at 218 W Stephenson Freeport, IL.

What is the lease rate?

The lease rate is $600/Mo.

What are key features of this property?

This property features: Storefront property at 218 W Stephenson, Freeport, IL 61032; Two restrooms on site; Restaurant, coffee shop, or ice cream parlor use identified