19 Chicago Ave Freeport, IL 61032
- Commercial real estate
- 5,400 SF
Current Use by Public Records
- Commercial real estate
Property Details for 19 Chicago Ave
- Year built
- 1867
- Property size
- 5,400 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 19 & 21 South Chicago Avenue in Freeport, Illinois, presents a unique investment opportunity. Boasting 5,400 square feet of well-maintained space, this building is ideally situated in the heart of downtown Freeport's 61032 zip code, benefiting from high visibility and significant daily traffic counts exceeding 1,600 vehicles, according to IDOT data. Previously utilized as a clothing boutique, the property offers remarkable versatility. The main level provides ample space for a variety of commercial uses, while the finished second level presents endless possibilities, adaptable for apartments or offices. The building features three separate entrances, enhancing accessibility and functionality. Natural light floods the interior, creating a bright and inviting atmosphere. The property's location within both the Tax Increment Financing (TIF) district and an Enterprise Zone offers potential tax advantages. Furthermore, the roof is relatively new, installed within the last five years and backed by a transferable 40-year warranty, ensuring long-term peace of mind. This is a rare opportunity to acquire a well-maintained, high-traffic commercial building in a desirable downtown location. The property's versatility and prime location make it an attractive investment for both established businesses and entrepreneurs seeking a thriving commercial space.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Stephenson
- State
- Illinois
- Longitude
- -89.6194
- Latitude
- 42.2979
