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Mixed-Use Property with Triplex
For Sale
$355,000

2143-2145 West Galena Avenue, Freeport, IL 61032

The property combines commercial improvements, storage buildings, and a three-unit residential component with long-term tenants.

Property SizeContact for details
Days on Market552

Property Features for 2143-2145 West Galena Avenue

General Information

Standard status Active
Zoning COMMR

Taxes and HOA fees

Annual Taxes $8,500

Building Details

Year Built 1997
Stories 1
Listing Agency: NextHome First Class
Listed By: Kimberly Taylor · License #471013351
Source: Compass
Added: Feb 24, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:18AM

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 NextHome First Class

Investment Insights

Based on property information with market context.

This mixed-use property at 2143-2145 West Galena Avenue includes a 51' x 96' commercial building with 12' ceilings, constructed in 1997. Additional improvements include a 24' x 30' storage building and a 20' x 30' Quonset building with a 14' ceiling, erected in 1961. A triplex built in 1948 is also part of the offering and has long-term tenants.

The property is located in Freeport, Illinois, and carries COMMR zoning. The sale includes the real estate only. The combination of commercial, storage, and residential improvements creates a multi-component property with distinct building uses on one site.

Key Highlights

  • 51' x 96' commercial building with 12' ceilings
  • 24' x 30' storage building
  • 20' x 30' Quonset building with a 14' ceiling

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Restaurant Spa & Massage Center

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

169
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines commercial improvements, storage buildings, and a three-unit residential component with long-term tenants.
Where is this mixed-use property located?
The property is located at 2143-2145 West Galena Avenue Freeport, IL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 51' x 96' commercial building with 12' ceilings; 24' x 30' storage building; 20' x 30' Quonset building with a 14' ceiling
More about this property
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