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    303 N Van Buren Ave Freeport, IL 61032

    For Sale
    $145,000

    Commercial - FREEPORT, IL

    Days on Market:
    243
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 303 N Van Buren Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    181431131007

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Roof type
    Shingle
    Architectural style
    Other

    Christensen HomeTown Realtors (815) 233-7355 [email protected]

    Listing agent MARGARET CHRISTENSEN (815) 233-7355 License #471002354

    Listing date Apr 8, 2025

    MLS# 202200084 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

    Unique Freeport Commercial Dome Building

    Located on the fringe of historical downtown Freeport, this unique commercial building is referred to as the "Dome". This one-of-a-kind custom-built building has undergone many improvements under the present owner, including replaced outside shingles, a furnace approximately 10 years old, and a replaced hot water heater. There are separate electric meters. The main floor consists of office space and a former beauty salon. The upper level has housed a beauty shop, a photography studio, and office space. The lower level houses a repair business, a tanning salon, and vacant space for versatile options. There is a large unfinished storage area used by all tenants. The present owner will consider leasing back, offering many options to explore.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Stephenson
    State
    Illinois
    Longitude
    -89.622685
    Latitude
    42.300284

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    FAQs

    What type of property is this?
    Retail space - Unique commercial building with versatile options in Freeport, Illinois.
    Where is this retail space located?
    The property is located at 303 N Van Buren Ave Freeport, IL.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: - Unique "Dome" building with historical significance in downtown Freeport.; - Versatile commercial space with multiple tenant options across three levels.; - Recent improvements include new shingles, a relatively new furnace (approximately 10 years old), and a replaced hot water heater.
    (815) 233-7355
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    303 N Van Buren Ave 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
    303 N Van Buren Ave Freeport, IL 61032
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