Mixed-Use Building with
222 West Exchange Street, Freeport, IL 61032
For Sale
$440,000
Freeport, IL
Property SizeContact for details
Lot Size0.33 Acres
Days on Market13
Property Features for 222 West Exchange Street
General Information
Property type
Property subtype
Standard status
Lot size
Additional Details
Mixed-Use Components
Amenities
elevator
Building Details
Year built
Buildings
Listing Agency:
NextHome First Class
Listed By:
Kimberly Taylor · License #471013351
(815) 232-4433
Added: Oct 26
Changed: Nov 4
Last Checked: Nov 7 at 9:06PM
MLS# 12522183
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This multilevel mixed-use property combines 21 individual commercial rental spaces with a five-bedroom residential loft on the second floor. An elevator serves the building, and on-site parking is available.
The property is at 222 West Exchange Street in downtown Freeport, Illinois. The site encompasses 0.33 acres, and the building dates to 1900.
The property is at 222 West Exchange Street in downtown Freeport, Illinois. The site encompasses 0.33 acres, and the building dates to 1900.
Key Highlights
- 21 individual commercial rental spaces
- Five‑bedroom residential loft on the second level
- Elevator serves the multilevel building
Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
929
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 84%
Dining 16%
Hampton Inn Freeport
Hotels & Casinos
2,879 visits/mo
0.1 miles
Joe's Pizza
Dining
554 visits/mo
0.1 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A second-level five-bedroom residential loft is paired with 21 commercial rental spaces.
Where is this mixed-use property located?
The property is located at 222 West Exchange Street Freeport, IL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 21 individual commercial rental spaces; Five‑bedroom residential loft on the second level; Elevator serves the multilevel building
