Mixed-Use Building with Residential
For Sale
$459,900
222 W Exchange Street, Freeport, IL 61032
Multi-level property combines commercial suites with an upper-level residential loft and elevator access.
Property Size17,353 SF
Days on Market243
Property Features for 222 W Exchange Street
General Information
Standard status
Active
Size
17,353 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,800
Building Details
Building Size
17,353 SF
Year Built
1900
Stories
2
Units
21
Listing Agency:
NextHome First Class
(815) 232-4433
Listed By:
Kimberly Taylor · License #471013351
(815) 232-4433
Source:
Allinonerealestateco
Added: Dec 11, 2025
Changed: Aug 11
Last Checked: Aug 11 at 6:03AM
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.
Built in 1900, this multi-level mixed-use building includes 21 individual rentable spaces for commercial occupancy and a second-level residential loft apartment with five bedrooms. A functional elevator serves the building, while on-site parking supports both residential and commercial activity.
The property is located at 222 W Exchange Street in downtown Freeport, near dining, retail, and civic amenities. The configuration accommodates separate commercial and residential income components within one building, with the loft suitable for executive housing, short- or long-term rental, or owner occupancy as described in the property information.
The property is located at 222 W Exchange Street in downtown Freeport, near dining, retail, and civic amenities. The configuration accommodates separate commercial and residential income components within one building, with the loft suitable for executive housing, short- or long-term rental, or owner occupancy as described in the property information.
Key Highlights
- 21 individual rentable commercial spaces
- Second‑level residential loft apartment with five bedrooms
- Functional elevator provides building access
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
929
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-level property combines commercial suites with an upper-level residential loft and elevator access.
Where is this mixed-use property located?
The property is located at 222 W Exchange Street Freeport, IL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: 21 individual rentable commercial spaces; Second‑level residential loft apartment with five bedrooms; Functional elevator provides building access
