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About the Listing 93575 - 932455,939461
Downtown Freeport Mixed-Use Investment | Multiple Income Streams Strategically located in the heart of downtown Freeport, this multi-level mixed-use building presents an exceptional opportunity for investors seeking diversified and scalable income. The property features multiple finished levels anchored by a second-level residential loft apartment with five bedrooms, ideal for executive housing, short- or long-term rental, or owner occupancy. The commercial component consists of 21 individual rentable spaces, well-suited for salon suites, professional offices, and service-oriented businesses, allowing for tenant diversification and strong demand across multiple business sectors. The building is equipped with a functional elevator, enhancing accessibility and broadening tenant appeal. Additional highlights include ample on-site parking, a high-visibility downtown location, and close proximity to dining, retail, and civic amenities-driving consistent foot traffic and long-term tenancy. This asset offers multiple revenue streams, flexible leasing configurations, and value-add potential through lease optimization or repositioning. Ideal for investors, owner-operators, or portfolio expansion, this downtown Freeport property combines residential income, commercial stability, and strong location fundamentals in one compelling offering.
Listing Highlights
Status
Active
Days on Site
19
Property Type
Commercial Sale
MLS ®
12522183
Year Built
1900
Total Square Footage
17,353
Lot/Acreage
0.33
County
Stephenson
Area
Freeport
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 120x120
- Roof:
- Others:
- Sewer:
- Parking Features: 6-12 Spaces,1-5 Spaces
Financial Details
- Tax Amount: $4,800
- Taxes w/Assessments: N/A
- Tax/Property ID: 18143113800200
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
222 W Exchange St Freeport, IL 61032
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