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Warehouse Building
For Sale
$65,000

515 East Stephenson Street, Freeport, IL 61032

Freeport, IL

Property Size5,300 SF
Lot Size0.15 Acres
Price / SF$12.26
Days on Market9

Property Features for 515 East Stephenson Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 0.15 Acres

Building Details

Year built 1925
Listing Agency: NextHome First Class
Listed By: Kimberly Taylor · License #471013351
Added: Aug 13 Changed: Aug 19 Last Checked: Aug 21 at 6:06PM
MLS# 12476352

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.

Investment Insights

Based on property information with market context.

This warehouse property includes approximately 5,300 square feet of building area on a 0.15-acre site. The structure was built in 1925 and is located at 515 East Stephenson Street in Freeport, Illinois.

The property is identified for warehouse use within the commercial real estate category. Its location is in ZIP Code 61032, providing a defined commercial site in the Freeport market.

Key Highlights

  • 5,300 square feet of warehouse space
  • 0.15‑acre site
  • Built in 1925

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center 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

949
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Warehouse - Commercial warehouse building with associated land in Freeport.
Where is this warehouse located?
The property is located at 515 East Stephenson Street Freeport, IL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: 5,300 square feet of warehouse space; 0.15‑acre site; Built in 1925
More about this property
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