Flex Space with Office and
New
For Sale
$299,900
115 East South Street, Freeport, IL 61032
COMMERCIAL - Freeport, IL
Property Size8,300 SF
Lot Size0.60 Acres
Price / SF$36.13
Days on Market2
Property Features for 115 East South Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.60 Acres
Building Details
Year built
1947
Listing Agency:
NextHome First Class
(815) 232-4433
Listed By:
Kimberly Taylor · License #471013351
(815) 232-4433
Added: Aug 6
Last Checked: Aug 7 at 4:06AM
MLS# 12722795
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Investment Insights
Based on property information with market context.
This 8,300-square-foot flex property combines office accommodations with storage and open commercial space. The building includes two bathrooms, updated HVAC and electrical systems, and an asphalt parking lot. Ceiling heights include 13 feet in the original structure and more than 14 feet in the addition, supporting a range of storage, light industrial, and office configurations.
The property is positioned on Business 20 in Freeport, with reported IDOT traffic counts of 9,500 vehicles daily. Its location along the route provides direct access and visibility as Business 20 approaches the Beltline. The interior layout can accommodate separated office and storage functions within one commercial building.
The property is positioned on Business 20 in Freeport, with reported IDOT traffic counts of 9,500 vehicles daily. Its location along the route provides direct access and visibility as Business 20 approaches the Beltline. The interior layout can accommodate separated office and storage functions within one commercial building.
Key Highlights
- 8,300 sq. ft. commercial flex building
- Office and storage areas within one building
- 13‑foot ceilings in the original structure
Property Analytics
Property Profile
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 with open storage areas, office accommodations, updated systems, and an asphalt parking lot.
Where is this flex space located?
The property is located at 115 East 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 sq. ft. commercial flex building; Office and storage areas within one building; 13‑foot ceilings in the original structure
