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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

224 Stephenson St Freeport, IL 61032

Property ID
Property summary
AI-generated overview

This exceptional Freeport, Illinois property, located at 224 W Stephenson St, offers 4,744 square feet of versatile commercial space. The building is ideally situated in the heart of downtown Freeport, providing excellent visibility and accessibility. The layout includes three main floor offices totaling approximately 3,100 square feet, and an additional 1,125 square feet of office space upstairs. This flexible configuration allows for single-tenant occupancy or division into separate suites, catering to a variety of business needs. The property is suitable for traditional office use, executive suites, creative office spaces, medical offices, or even coworking arrangements. The space presents a significant opportunity for businesses seeking a prominent location with ample room for growth. Tenants are responsible for all utilities. Attractive move-in incentives are available. The property is classified as Retail and Office, with a single-tenant occupancy. Located in Stephenson County, Illinois, zip code 61032, this prime location offers a unique blend of convenience and potential. Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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