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    Downtown Mixed-Use Income Property
    Updated: Jul 28, 2024
    Downtown Mixed-Use Income Property

    211 East Stephenson Street, Freeport, IL 61032

    $129,900
    2,400 sqft
    Multi‑use downtown Freeport building (built 1892) with a large commercial office plus four residential units on the 2nd and 3rd floors
    Commercial office suite (211 E Stephenson St) features multiple separated spaces, bathroom with sink/toilet, kitchenette, rear exit door, unfinished basement, and high ceilings
    Four 1 bed/1 bath apartments (211 1/2 E Stephenson St): two on the 2nd floor and two on the 3rd floor
    Each apartment has its own gas forced‑air furnace plus gas and electric meters; tenants pay their own gas and electricity per current leases
    Selected unit updates include new water heaters for Unit 3 and Unit 4 (2021 and 2022) and a new furnace for Unit 3 (2018)
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Stephenson County, IL, we suggest exploring several alternatives:

    Stephenson County, IL Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Stephenson County, IL on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $129,900.

    Sale prices for four-unit buildings in Stephenson County, IL start at $129,900, averaging $129,900, and reaching up to $129,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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