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Mixed-Use Building with Retail Space
For Sale
Contact for pricing
Pending

408 East Iroquois Street, Freeport, IL 61032

Three residential units accompany service and retail areas, with separate utilities serving the property.

Property SizeContact for details
Days on Market144

Property Features for 408 East Iroquois Street

General Information

Standard status Pending
Property subtype Special Purpose

Building Details

Tenancy Multi
Listing Agency: Century 21 Affiliated Rockford
Listed By: Aubra Palermo · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 9:05PM

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 Century 21 Affiliated Rockford

Investment Insights

Based on property information with market context.

This mixed-use building combines three residential units with multiple commercial areas. The upper level contains two one-bedroom apartments, each supported by storage, a kitchen and dining area, a refrigerator, a stove, and access to a covered porch. The main level includes an efficiency apartment, a barber shop, additional salon space with a half bath, and a central retail area with a full bath.

The layout can support residential occupancy alongside barber, salon, retail, or other service-oriented use, subject to applicable requirements. Separate utilities serve the spaces, allowing the residential and commercial components to remain distinct. The property is located at 408 East Iroquois Street in Freeport, Illinois.

Key Highlights

  • Mixed‑use configuration with three residential units and several commercial areas
  • Two upper‑level one‑bedroom apartments with kitchens, dining areas, storage, and covered porch access
  • Main‑level efficiency apartment with barber shop, salon area, and retail space

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop HVAC Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

754
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three residential units accompany service and retail areas, with separate utilities serving the property.
Where is this mixed-use property located?
The property is located at 408 East Iroquois Street Freeport, IL.
What are key features of this property?
This property features: Mixed‑use configuration with three residential units and several commercial areas; Two upper‑level one‑bedroom apartments with kitchens, dining areas, storage, and covered porch access; Main‑level efficiency apartment with barber shop, salon area, and retail space
More about this property
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