28 Main St Freeport, IL 61032
This exceptional commercial property, located at 28 W Main St in Freeport, IL (61032), offers 3,000 square feet of versatile office space on the second floor of a historic 1887 brick building. The space is comprised of three individual suites, each offering abundant natural light from large windows, and can be leased individually or as a whole. Ideally situated at the corner of Main Street and S Van Buren Ave, this prominent location in the Stephenson County submarket (Northwest Illinois) benefits from high foot traffic. The entire building encompasses 14,919 square feet across three stories, though this listing is specifically for the second floor. The building is a single-tenant property and does not include elevators. This unique opportunity is perfect for a variety of businesses, including traditional offices, executive suites, coworking spaces, medical offices, or creative studios seeking a vibrant downtown location with historical charm. The property's rich history and prime location make it an ideal space for businesses looking to establish a strong presence in the Freeport community. The building's architectural details and prominent street presence offer an unparalleled opportunity to establish a business in a highly visible and desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.