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    218 W Stephenson St Freeport, IL 61032

    For Lease
    $600 /Mo

    Rental - FREEPORT, IL

    Days on Market:
    110
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 218 W Stephenson St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Building materials
    Other
    Roof type
    Other
    Architectural style
    Other

    Re/Max Town Lake & Country (815) 541-1001 [email protected]

    Listing agent Tracey DeCrane (815) 493-7653 License #475122157

    Listing date Aug 18, 2025

    MLS# 202504994 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

    Retail Space in Freeport, IL

    This retail space in Freeport, IL, is suitable for a restaurant, coffee shop, or ice cream parlor. The property features two restrooms. A minimum lease term of six months is required, with the first month's rent and a one-month deposit due at signing. The tenant is responsible for covering all utility expenses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coffee shops

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Krogull's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Stephenson
    State
    Illinois
    Longitude
    -89.622741
    Latitude
    42.297563

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    FAQs

    What type of property is this?
    Restaurant - Retail space suitable for restaurant, coffee shop, or ice cream.
    Where is this restaurant located?
    The property is located at 218 W Stephenson St Freeport, IL.
    What are key features of this property?
    This property features: - Great location for restaurant, coffee shop, or ice cream parlor.; - 2 restrooms on site.; - 6 month lease minimum.
    (815) 493-7653
    Request Owner's contact information
    218 W Stephenson St 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
    218 W Stephenson St Freeport, IL 61032
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