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Mixed-Use Retail and Residential Building
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202-204 E Main St, Freeport, IL 61032

Brick mixed-use building includes first-floor retail/manufacturing, first-floor warehouse, and second-floor apartments.

Property Size8,800 SF
Days on Market123

Property Features for 202-204 E Main St

General Information

Standard status Active
Size 8,800 SF
Property subtype Retail

Additional Details

Multifamily Units 5

Building Details

Stories 2
Construction brick
Listing Agency: A-1 Agency
Listed By: Brian Borchardt · License #IL 471004534
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 6:15PM

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 A-1 Agency

Investment Insights

Based on property information with market context.

This brick mixed-use building combines commercial and residential space in one structure. The first floor offers 2,720 SF of retail/manufacturing space and 1,680 SF of warehouse space. The second floor includes 4,400 SF of residential space with five apartments.

The building is located at 202–204 E Main St in Freeport, IL. The property is described as income-generating, with the five apartments bringing in $2,000 per month, and the possibility of additional monthly income referenced for the downstairs space.

The layout supports a combined operation where commercial space and apartments share the same building while maintaining separate functional areas by floor.

Key Highlights

  • Brick mixed‑use building with 2,720 SF retail/manufacturing on the first floor
  • First‑floor includes 1,680 SF warehouse space
  • Second‑floor has 4,400 SF residential with 5 apartments

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store HVAC Service Hair Salon Restaurant Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

827
Businesses Nearby

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick mixed-use building includes first-floor retail/manufacturing, first-floor warehouse, and second-floor apartments.
Where is this apartment building located?
The property is located at 202-204 E Main St Freeport, IL.
What are key features of this property?
This property features: Brick mixed‑use building with 2,720 SF retail/manufacturing on the first floor; First‑floor includes 1,680 SF warehouse space; Second‑floor has 4,400 SF residential with 5 apartments
(815) 238-2015 Call to check price and availability
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