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Freeport Retail Storefronts For Sale
For Sale
$150,000

26 West Stephenson Street, Freeport, IL 61032

Three storefronts in a prime downtown location.

Property Size5,159 SF
Days on Market186

Property Features for 26 West Stephenson Street

General Information

Standard status Active
Size 5,159 SF
Property subtype Shopping Center - Restaurant
Zoning B1-2

Building Details

Building Size 5,159 SF
Year Built 1958
Listing Agency: RE/MAX
Listed By: Aubra D Palermo · License #471007310
Source: Remaxcommercial
Added: Mar 7 Changed: Aug 8 Last Checked: Sep 8 at 3:25AM

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

Investment Insights

Based on property information with market context.

Located at the corner of Stephenson Street and Van Buren Avenue, this property features three storefronts suitable for a variety of businesses, including a small cafe or retail spaces. Over 2,000 cars pass by the location each day, with over 1,000 people downtown daily. Unit #30 is approximately 15 feet wide and 64 feet deep, offering corner exposure and abundant sunlight, a 20-foot serving counter, a 15-foot by 30-foot kitchen with a 7-foot by 10-foot walk-in cooler, and a usable basement. Unit #28 is approximately 18 feet wide and 64 feet deep, featuring a large front window, some built-in shelving, two bathrooms, and a usable basement. Unit #26, formerly a department store and currently a martial arts studio, is 32 feet wide and 67 feet deep, with great front display windows and a usable basement. The ceilings are approximately 14 feet high. Constructed in 1958 with a solid brick and block foundation, the building has a new roof installed in 2018. All units have separate entrances and exits, as well as separate utilities, including heating and air conditioning. The property is located in the Downtown TIF District and within the Enterprise Zone.

Key Highlights

  • High‑traffic location at the corner of Stephenson St and Van Buren Ave, with over 2,000 cars and 1,000 people passing daily.
  • Three separate storefronts (#30, #28, #26) offer diverse business opportunities.
  • All units have separate entrances/exits and utilities, including individual heating and air conditioning.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Restaurant Building Supply Nail Salon

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

170
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Three storefronts in a prime downtown location.
Where is this storefront property located?
The property is located at 26 West Stephenson Street Freeport, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: High‑traffic location at the corner of Stephenson St and Van Buren Ave, with over 2,000 cars and 1,000 people passing daily.; Three separate storefronts (#30, #28, #26) offer diverse business opportunities.; All units have separate entrances/exits and utilities, including individual heating and air conditioning.
More about this property
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