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Wedding Venue with Commercial Buildings
For Sale
$650,000

395 W Cedarville Rd, Freeport, IL 61032

Historic residence, ADA-compliant event building, outdoor gathering space, and dedicated parking support multiple hospitality uses.

Property SizeContact for details
Lot Size22.00 Acres
Days on Market256

Property Features for 395 W Cedarville Rd

General Information

Standard status Active
Total Parking Spaces 100
Lot size 22.00 Acres

Additional Details

Business Included Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $18,214

Amenities

commercial licensed kitchen
retail area
events room
walk-out lower level with temperature-controlled rooms
Passive Solar
NuAir Heat Exchanger
high R-value SIP construction
outdoor event center
bar service
stage
shelter
separate well
separate septic
ADA-compliant commercial building
Listing Agency: Keller Williams Realty Signature
Listed By: David Larson · License #475173220
Source: Exprealty
Added: Nov 28, 2025 Changed: Aug 10 Last Checked: Aug 10 at 5:14AM

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 Keller Williams Realty Signature

Investment Insights

Based on property information with market context.

This 22-acre wedding venue property combines a two-story brick residence built in 1860 with a commercial facility completed in 2008. The 60-by-40-foot building includes a licensed commercial kitchen, retail space, event room, and walk-out lower level with temperature-controlled rooms. Its construction incorporates Passive Solar, a NuAir Heat Exchanger, and high R-value SIP materials.

Outdoor improvements include a remodeled Crib with bar service and a stage, connected to a 2, 088 sqft shelter. The event center averages 51 events annually. Dedicated parking accommodates up to 100 cars, while the property has separate well and septic systems. The residence measures approximately 2, 400 sqft and provides an additional historic component within the overall venue setting.

Key Highlights

  • 22‑acre property with wedding venue and hospitality components
  • 60'x40' commercial building constructed in 2008
  • Licensed kitchen, retail area, event room, and temperature‑controlled lower‑level rooms

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Bar & Pub

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

Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
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 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?
Wedding venue - Historic residence, ADA-compliant event building, outdoor gathering space, and dedicated parking support multiple hospitality uses.
Where is this wedding venue located?
The property is located at 395 W Cedarville Rd Freeport, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 22‑acre property with wedding venue and hospitality components; 60'x40' commercial building constructed in 2008; Licensed kitchen, retail area, event room, and temperature‑controlled lower‑level rooms
More about this property
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