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Flexible Office and Retail Building
For Sale
$449,000

210 W Spring St, Freeport, IL 61032

Multiple street-fronting office building with large ceiling heights, garage loading access, and extensive paved parking.

Property Size17,160 SF
Price / SF$26.17
Days on Market275

Property Features for 210 W Spring St

General Information

Standard status Active
Size 17,160 SF
Property subtype Commercial

Site & Location

Traffic Count 3,900 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 1929
Listing Agency: RE/MAX Unites
Listed By: Aubra Palermo · License #471007310
Source: Illianahomesource
Added: Jan 12 Changed: Oct 1 Last Checked: Oct 12 at 8:06PM

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 RE/MAX Unites

Investment Insights

Based on property information with market context.

A highly visible 17,160-square-foot commercial building occupying a full city block on more than 3/4 of an acre, offering multiple street frontages and flexible interior configuration. The layout supports independent operation of spaces under one roof and can be adapted for coworking, shared office environments, event or assembly use, meeting rooms, retail/office combinations, or multi-tenant occupancy.

The property fronts IL Highway Business 20 West/Galena Avenue and includes additional frontage on Spring Street and Walnut Avenue, with a documented traffic count of approximately 3,900 vehicles per day. A garage/loading dock accessed from Spring Street supports deliveries and operational needs. The site provides approximately 33,000 square feet of paved parking, with nearly 90% of the lot paved.

Originally constructed as a theatre, approximately 9,269 square feet feature dramatic 25-foot ceilings and an attic-level mezzanine for additional storage potential. The Farm Bureau area offers over 4,000 square feet with 15-foot ceilings, and the Country Side section provides more than 3,800 square feet with 16-foot ceilings.

Key Highlights

  • 17,160 SF commercial building on a full city block on 0.75+ acre, with multiple street frontages and flexible multi‑tenant layout under one roof
  • Fronts IL Highway Business 20 West / Galena Avenue with approx. 3,900 vehicles per day traffic count, plus frontage on Spring Street and Walnut Avenue
  • Garage/loading dock accessed from Spring Street to support deliveries and operations

Property Analytics

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Current Use

Office buildings

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.

Lease Details

3,900 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office building - Multiple street-fronting office building with large ceiling heights, garage loading access, and extensive paved parking.
Where is this office building 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: 17,160 SF commercial building on a full city block on 0.75+ acre, with multiple street frontages and flexible multi‑tenant layout under one roof; Fronts IL Highway Business 20 West / Galena Avenue with approx. 3,900 vehicles per day traffic count, plus frontage on Spring Street and Walnut Avenue; Garage/loading dock accessed from Spring Street to support deliveries and operations
More about this property
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