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    South Tbd E Freeport, IL 61032

    For Sale
    Contact for pricing

    Commercial Land - FREEPORT, IL

    Days on Market:
    117
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for South Tbd E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    041906426002

    Building Details

    Architectural style
    Other

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

    Listing agent JOSH LONGAMORE (815) 616-5311 License #471.020490

    Listing date Aug 12, 2025

    MLS# 202202145 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 in Enterprise Zone

    The property consists of two lots to be sold together, located in an enterprise zone and zoned B-3. One parcel, identified as #04-19-06-426-002, is approximately 0.55 acres, with 2024 taxes of $197.74. The second parcel, #04-19-06-426-003, is approximately 0.27 acres, with 2024 taxes of $98.82. The property is located in Freeport, IL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Freeport
    County
    Stephenson
    State
    Illinois
    Longitude
    -89.615557764435
    Latitude
    42.280136547939

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    FAQs

    What type of property is this?
    Commercial land - Two B-3 zoned lots totaling 0.82 acres in Freeport, IL.
    Where is this commercial land located?
    The property is located at South Tbd E Freeport, IL.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: - Approximately 0.82 acres combined from two parcels.; - Zoned B-3.; - Located in the enterprise zone.
    (815) 616-5311
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    South Tbd E 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
    South Tbd E Freeport, IL 61032
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