Restaurants

Freeport, IL Restaurants for Sale

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West Terre Haute, IN Ridott, IL Cedarville, IL Baileyville, IL Eleroy, IL Dakota, IL Pearl City, IL Lena, IL
Wedding Venue with Outdoor Event Space
Updated: Jun 11
Wedding Venue with Outdoor Event Space

395 W Cedarville Road, Freeport, IL 61032

$650,000
4,800 sqft 22.00 AC lot
22‑acre income‑generating property with a historic brick home, a 2008 commercial building, and an outdoor event center
60' x 40' commercial building built in 2008 with a commercial‑licensed kitchen, retail area, events room, and walk‑out lower level with temperature‑controlled rooms
Commercial building includes Passive Solar features, NuAir Heat Exchanger, and high R‑value SIP construction
Outdoor event center includes a remodeled “Crib” with bar service and a stage, plus an attached 2,088 SF shelter
Event center averages 51 events annually and includes dedicated parking for up to 100 cars
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Freeport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Thriving Gas Station with Subway
Thriving Gas Station with Subway

Mt Carroll, IL 61053

$1,500,000
4.45 AC lot

Gas station with Subway, rental income, Mt. Carroll, IL

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Mixed-Use Waterfront Development Building
Mixed-Use Waterfront Development Building

220 North Water Street, Rockford, IL 61107

$1,675,000
20,978 sqft

Large waterfront building with 132 feet of Rock River shoreline and recent exterior upgrades, ready for redevelopment.

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Gas Station Property
Gas Station Property

Mt Carroll, IL 61053

$1,500,000

For sale gas station property at 855 S Mill Street in Mt. Carroll, IL, offered in Carroll County.

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Corner Restaurant and Bar Building
Corner Restaurant and Bar Building

205 W State Street, Rockford, IL 61101

$500,000

For sale corner restaurant and bar building at 205 W State Street in Rockford, IL, in Winnebago County.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in Enterprise Zone
Commercial Land in Enterprise Zone

E South Street, Freeport, IL 61032

Contact for pricing
0.82 AC lot

Two B-3 zoned lots totaling 0.82 acres in Freeport, IL.

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Commercial Building Lot for Retail
Commercial Building Lot for Retail

James Street lot: 5, Belleville, WI 53508

$574,000
2.32 AC lot

Commercially zoned lot suited for retail or fast-food development at a high-visibility Hwy 69 and Hwy 92 corner.

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B4 Zoned Commercial Development Land
B4 Zoned Commercial Development Land

1901 Holiday Drive, Janesville, WI 53545

$375,000
0.72 AC lot

Commercial land zoned B4 near Uptown Janesville Mall and Woodman’s Sports and Convention Center.

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6.93 Acres in Galena, IL
6.93 Acres in Galena, IL

US HWY 20 W lot: 1, Galena, IL 61036

$1,132,000
6.93 AC lot

6.93 acres near Gateway Park with city utilities.

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Off-Market Properties in Freeport, IL

Consider similar Off-Market properties in Freeport, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1500 West Ave
Restaurants

1500 West Ave, Freeport, IL 61032

Value Estimation by Request
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Freeport, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Freeport, IL on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for restaurant properties in Freeport, IL average $650,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 29K
Population Growth (5Y) -2.8%
Median Household Income $54,179
College Educated 27.1%

High-Yield Neighborhoods for Investment

Identify Freeport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61032 $160K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stephenson County

New Delisted

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