Shopping Center

Freeport, IL Shopping Centers for Sale

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Shopping Center with City Utilities
Updated: Sep 4
Shopping Center with City Utilities

1024 Riverside Dr, Freeport, IL 61032

$1,150,000
28,061 sqft
Retail building constructed in 1995
Configuration supports potential occupancy by up to 5 tenants
City sewer and water serve the property
Located at 1024 Riverside Dr, Freeport, IL 61032
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Freeport Retail Strip Center For Sale
Updated: Mar 27
Freeport Retail Strip Center For Sale

1801 S West Ave, Freeport, IL 61032

$1,395,000
46,234 sqft
High traffic location on IL Route 26 with 12,300 vehicles per day.
Zoned C‑3, allowing for a variety of commercial uses.
Anchored by Dollar Tree, a national tenant.
Located in a busy retail corridor with neighboring national brands such as Dunkin', Arby's, and Taco Bell.
Multi‑tenant strip center, providing diversified income potential.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Freeport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

Multi-Tenant Shopping Center
Multi-Tenant Shopping Center

3600 East State Street, Rockford, IL 61108

$4,400,000
111,982 sqft

Retail and office center with established occupancy across a broad tenant lineup.

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Mixed-Use Center with Road Frontage
Mixed-Use Center with Road Frontage

630-638 S Gammon Road, Madison, WI 53719

Contact for pricing
26,883 sqft 1.54 AC lot

Two-story commercial center combining retail and office suites along a visible commercial corridor.

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Retail Shops Near West Towne
Retail Shops Near West Towne

517 S. Gammon Road |, Madison, WI 53719

Contact for pricing
13 sqft

Retail property with high visibility near West Towne Mall.

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Dollar General Anchored Retail Center
Dollar General Anchored Retail Center

3212 Auburn St, Rockford, IL 61101

Contact for pricing
25,750 sqft

High-traffic location with stable tenant base in Rockford, Illinois.

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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 Parcel
Commercial Land Parcel

N Main Street, Rockton, IL 61072

$550,000
13.20 AC lot

Commercially zoned acreage near downtown Rockton and established residential communities.

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Commercial Land Near Golf Course
Commercial Land Near Golf Course

N Main, Rockton, IL 61072

$550,000
13.20 AC lot

Commercial General-zoned tract near Red Barn Golf Course, Stone Ridge Subdivision, and Summit Condos.

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Freeport, IL Shopping Centers Market Trends and Statistics

Explore 2 shopping centers for sale in Freeport, IL on our real estate platform. These investment opportunities span a total of 74,295 square feet of properties for sale, with an estimated market value of $2,545,000.

Sale prices for plazas in Freeport, IL start at $1,150,000, averaging $1,272,500, and reaching up to $1,395,000 — 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

Shopping centers 4
Storefront properties 4
Automotive properties 3
Car washes 2
Drug stores 2

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 $1.3M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stephenson County

New Delisted

Total CRE Inventory on Market (SF)

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