222 West Exchange Street Freeport, IL 61032
Commercial Sale, Other - Freeport, IL
- Added:
- Dec 11, 2025
- Days on Market:
- 111
- Last Refresh:
- Apr 1 at 10:06 pm
Property Features for 222 West Exchange Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing agent Kimberly Taylor License #471013351,PersonLicenseNumber (815) 232-4433
Listing office NextHome First Class 123 N. Galena Ave., IL (815) 232-4433
Listing date Dec 11, 2025
MLS# 12522183
Listing URL
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Overview
Freeport Mixed-Use Investment Opportunity
Located in downtown Freeport, this multi-level mixed-use building offers an investment opportunity with diversified income streams. The property includes a second-level residential loft apartment featuring five bedrooms, suitable for executive housing, short-term or long-term rental, or owner occupancy. The commercial component consists of 21 individual rentable spaces, well-suited for salon suites, professional offices, and service-oriented businesses. This allows for tenant diversification and strong demand across multiple business sectors. The building is equipped with a functional elevator, enhancing accessibility and broadening tenant appeal. Additional features include on-site parking, a high-visibility downtown location, and proximity to dining, retail, and civic amenities, driving foot traffic and long-term tenancy. This asset offers multiple revenue streams, flexible leasing configurations, and value-add potential through lease optimization or repositioning. This downtown Freeport property combines residential income, commercial stability, and location fundamentals in one offering.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Stephenson
- State
- Illinois
- Longitude
- -89.622669
- Latitude
- 42.298116
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Multi-level building with residential and commercial income streams.
Where is this mixed-use property located?
The property is located at 222 West Exchange Street Freeport, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Multiple Income Streams: Diversified revenue from residential loft and 21 commercial spaces.; Prime Downtown Location: High visibility and proximity to dining, retail, and civic amenities.; Residential Loft Apartment: Five‑bedroom loft suitable for executive housing, rental, or owner occupancy.
