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Multi-Building Mixed-Use Property
For Sale
$899,000

1650-1654 S Hance Drive, Freeport, IL 61032

Substantial Freeport acreage combines residential structures, barns, and Professional Use District zoning.

Property SizeContact for details
Lot Size5.48 Acres
Days on Market46

Property Features for 1650-1654 S Hance Drive

General Information

Standard status Active
Lot size 5.48 Acres
Property subtype Commercial/Industrial
Zoning Professional Use

Additional Details

Road Access Yes

Building Details

Year Built 1932
Buildings 9
Listing Agency: Emerald Realty Group
Listed By: Robert McCarty
Source: Emeraldrealtyil.idxbroker
Added: Jul 16 Changed: Aug 29 Last Checked: Aug 29 at 10:10PM

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 Emerald Realty Group

Investment Insights

Based on property information with market context.

This mixed-use property encompasses 5.48 acres with entrances from S Hance Drive and Burchard. The improvements include three houses and six additional buildings. The older two-story caretaker house and the renovated main house have disconnected utilities, while the renovated guest house is suitable for occupancy. The property was built in 1932 and is being sold AS IS.

Commercial-oriented improvements include a 40X60 Office Barn formerly used for office, studio, and commercial space, plus a 30X60 Big Barn with a finished second level previously used for distribution. Additional structures include the 18X186 Long Barn, 23X46 Machine Barn, 21X39 Garage Barn/Tool Shed, and a 412 sq ft Milk House. The property is located at 1650-1654 S Hance Drive in Freeport, Illinois, within a Professional Use District.

Key Highlights

  • 5.48‑acre property with entrances on S Hance Drive and Burchard
  • Professional Use District zoning
  • Three houses, including a renovated guest house suitable for occupancy

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm HVAC Service Storage Facility

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

496
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?
Mixed-use property - Substantial Freeport acreage combines residential structures, barns, and Professional Use District zoning.
Where is this mixed-use property located?
The property is located at 1650-1654 S Hance Drive Freeport, IL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 5.48‑acre property with entrances on S Hance Drive and Burchard; Professional Use District zoning; Three houses, including a renovated guest house suitable for occupancy
More about this property
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