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Versatile Commercial Building on Full Block
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210 W Spring St, Freeport, IL 61032

17,160 SF commercial building with flexible layout and ample parking.

Property Size17,160 SF
Lot Size0.75 Acres
Price / SF$26.17
Days on Market177

Property Features for 210 W Spring St

General Information

Standard status Active
Size 17,160 SF
Lot size 0.75 Acres
Property subtype Mixed Use, Office, Retail
Zoning B1-2

Building Details

Year Built 1929
Buildings 1
Stories 1
Units 3
Listing Agency: Prudential Towne Square Realty
Listed By: Aubra Palermo · License #471007310
Source: Crexi
Added: Feb 15 Changed: Aug 8 Last Checked: Aug 10 at 2:40PM

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 Prudential Towne Square Realty

Investment Insights

Based on property information with market context.

This highly visible 17,160 square foot commercial building occupies a full city block on over 3/4 of an acre, offering multiple street frontages and exceptional accessibility. The property fronts IL Highway Business 20 West / Galena Avenue, with a documented traffic count of approximately 3,900 vehicles per day, and also has frontage on Spring Street and Walnut Avenue. The building has successfully housed multiple businesses simultaneously and offers a highly flexible interior layout that can be easily configured for co-working space, shared office environments, event or assembly space, meeting rooms, retail/office combinations, or multi-tenant occupancy. The layout flexibility allows spaces to operate independently while remaining under one roof. A garage/loading dock accessed from Spring Street supports deliveries and operational needs. The site offers approximately 33,000 square feet of paved parking. Approximately 9,269 square feet of the building features dramatic 25-foot ceilings, with an attic-level mezzanine. The section commonly referred to as the Farm Bureau area provides over 4,000 square feet with 15-foot ceilings, while the Country Side section offers more than 3,800 square feet with 16-foot ceilings. Originally constructed as a theatre, the property presents a rare opportunity for an owner-user, investor, or adaptive reuse project seeking visibility, scale, parking, and flexible space in a high-traffic commercial corridor.

Key Highlights

  • High visibility location on IL Highway Business 20 West / Galena Avenue with approximately 3,900 vehicles per day.
  • Large 17,160 square foot building on over 3/4 of an acre with multiple street frontages.
  • Flexible interior layout suitable for various uses, including co‑working, office, retail, event space, or multi‑tenant occupancy.

Property Analytics

Current Use

Coworking space

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon HVAC Service Pharmacy Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

953
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 17,160 SF commercial building with flexible layout and ample parking.
Where is this mixed-use property located?
The property is located at 210 W Spring St Freeport, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: High visibility location on IL Highway Business 20 West / Galena Avenue with approximately 3,900 vehicles per day.; Large 17,160 square foot building on over 3/4 of an acre with multiple street frontages.; Flexible interior layout suitable for various uses, including co‑working, office, retail, event space, or multi‑tenant occupancy.
(815) 297-1778 Call to check price and availability
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