415 Stephenson St Freeport, IL 61032
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 415 Stephenson St
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional 650-square-foot commercial space is ideally situated in Freeport, Illinois, within the Stephenson County submarket of Northwest Illinois. Located in a basement unit, this single-tenant property is perfect for a variety of uses, including a small office, barbershop, or storage facility. The space is currently available for lease and offers a highly attractive rental rate of $400 per month, with all utilities included by the owner. This represents a significant advantage for potential tenants, eliminating the unpredictable costs associated with utility bills. Further enhancing the appeal of this property is the absence of a required security deposit, minimizing upfront financial commitments. The landlord offers flexible lease terms to accommodate the specific needs of prospective businesses. To sweeten the deal, a unique incentive is offered: pay three months' rent upfront, and receive the fourth month rent-free. The property includes a convenient bathroom and a functional kitchen area, adding to its overall practicality and appeal. This presents a rare opportunity for entrepreneurs and small businesses seeking affordable and versatile commercial space in a desirable Northwest Illinois location. Inquire today to learn more about this exceptional opportunity.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Stephenson
- State
- Illinois
- Longitude
- -89.6248
- Latitude
- 42.2964