Flex Space with Office and
For Sale
$335,000
115 E South Street, Freeport, IL 61032
The building combines office areas, storage space, two bathrooms, HVAC, and updated electrical service.
Property Size8,300 SF
Price / SF$40.36
Days on Market356
Property Features for 115 E South Street
General Information
Standard status
Active
Size
8,300 SF
Property subtype
Commercial
Zoning
COMMR
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,711
Building Details
Building Size
8,300 SF
Year Built
1947
Buildings
1
Stories
1
Units
1
Listing Agency:
NextHome First Class
(815) 232-4433
Listed By:
Kimberly Taylor · License #471013351
(815) 232-4433
Source:
Allinonerealestateco
Added: Sep 11, 2025
Changed: Aug 31
Last Checked: Aug 2 at 8:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome First Class
Investment Insights
Based on property information with market context.
This 8,300-square-foot flex property combines office and storage areas within a commercial building. The layout includes two bathrooms, HVAC, updated electrical service, and an asphalt parking lot. Interior sections include a 3,200-square-foot area with 13-foot ceilings and a 5,100-square-foot open section with ceilings exceeding 14 feet, providing distinct configurations for office, storage, and light industrial functions.
The property is positioned on Business 20 at the entrance to the Beltline in Freeport, with access from E South Street. IDOT traffic counts are 9,500 vehicles daily. The property carries COMMR zoning and includes a mix of enclosed office areas and larger open storage space.
The property is positioned on Business 20 at the entrance to the Beltline in Freeport, with access from E South Street. IDOT traffic counts are 9,500 vehicles daily. The property carries COMMR zoning and includes a mix of enclosed office areas and larger open storage space.
Key Highlights
- 8,300 square feet of office and storage space
- 3,200‑square‑foot section with 13‑foot ceilings
- 5,100‑square‑foot open area with ceilings over 14 feet
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
233
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 Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - The building combines office areas, storage space, two bathrooms, HVAC, and updated electrical service.
Where is this flex space located?
The property is located at 115 E South Street Freeport, IL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 8,300 square feet of office and storage space; 3,200‑square‑foot section with 13‑foot ceilings; 5,100‑square‑foot open area with ceilings over 14 feet
