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Mixed-Use Event Property
For Sale
$650,000

395 W Cedarville Road, Freeport, IL 61032

COMMERCIAL - Freeport, IL

Property Size4,800 SF
Lot Size22.00 Acres
Price / SF$135.42
Days on Market62

Property Features for 395 W Cedarville Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning A-1
Interior features Public rest rooms, Private Restrooms, Residential unit(s), Inside storage, Private office(s)
Lot features Residential area
Directions Use GPS
Subdivision ILLINOIS
Standard status Active
APN 14-06-200-002
Size 4,800 SF
Lot size 22.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 18214

Building Details

Year built 2008
Number of units 8
Roof type Composition
Additional Structures Storage
Listing Agency: Keller Williams Realty Signature
Listed By: David Larson · License #475173220
Added: Jun 11 Changed: Aug 10 Last Checked: Aug 11 at 8:06AM
MLS# 2013148

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Set on 22 acres in Freeport, this mixed-use property brings together a two-story brick residence built in 1860 and a modern commercial building completed in 2008. The commercial structure includes a licensed kitchen, retail area, events room, private offices, restrooms, storage, and a walk-out lower level with temperature-controlled rooms. Passive Solar design, a NuAir Heat Exchanger, and high R-value SIP construction are also featured.

The outdoor event area includes a remodeled Crib with bar service and a stage, connected to a 2,088-square-foot shelter. The property has hosted an average of 51 events annually and includes parking for up to 100 cars. Separate well and septic systems serve the site, which is zoned A-1 and located at 395 W Cedarville Road in Freeport, Illinois.

Key Highlights

  • 22‑acre mixed‑use property zoned A‑1
  • 60' x 40' commercial building constructed in 2008
  • Licensed kitchen, retail area, events 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.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Property combines a historic brick residence, ADA-compliant commercial space, and an established outdoor event center.
Where is this mixed-use property located?
The property is located at 395 W Cedarville Road 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 mixed‑use property zoned A‑1; 60' x 40' commercial building constructed in 2008; Licensed kitchen, retail area, events room, and temperature‑controlled lower‑level rooms
More about this property
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