Flex Space With Office And
For Sale
$299,900
115 E South Street, Freeport, IL 61032
Versatile commercial building combining office areas, storage capacity, updated systems, and on-site asphalt parking.
Property Size8,300 SF
Price / SF$36.13
Days on Market10
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
$10,072
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:
Birdrealtysells
Added: Aug 3
Changed: Aug 12
Last Checked: Aug 12 at 3:48AM
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 flex space contains 8,300 square feet arranged between office and storage areas. The building includes two bathrooms, HVAC, updated electrical service, and an asphalt parking lot. One section provides 3,200 square feet with 13-foot ceilings and a barrel roof, while a separate 5,100-square-foot area offers open space with ceilings exceeding 14 feet. The layout supports a mix of administrative, storage, and light industrial functions without separating the improvements into unrelated facilities.
The property is located at 115 E South Street in Freeport, Illinois, along Business 20. IDOT traffic counts are 9,500 daily, providing a measurable transportation and exposure characteristic for the site. COMMR zoning is identified in the property information.
The property is located at 115 E South Street in Freeport, Illinois, along Business 20. IDOT traffic counts are 9,500 daily, providing a measurable transportation and exposure characteristic for the site. COMMR zoning is identified in the property information.
Key Highlights
- 8,300‑square‑foot flex building with office and storage areas
- 3,200‑square‑foot section with 13‑foot ceilings and barrel roof
- 5,100‑square‑foot open area with over 14‑foot ceilings
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
202
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
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial building combining office areas, storage capacity, updated systems, and on-site asphalt parking.
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 $299,900.
What are key features of this property?
This property features: 8,300‑square‑foot flex building with office and storage areas; 3,200‑square‑foot section with 13‑foot ceilings and barrel roof; 5,100‑square‑foot open area with over 14‑foot ceilings
