211 E Stephenson St | Freeport, IL 61032
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211 E Stephenson St
Freeport, IL 61032
211 & 211 1/2 E Stephenson St, Freeport IL · Multifamily Property For Sale
·
5 Units
Investment Highlights
- Prime mixed-use property located in the heart of downtown Freeport within the Enterprise Zone, offering potential tax incentives for investors.
- Recent updates include new water heaters (2021 and 2022) and a new furnace (2018) for improved efficiency and reduced maintenance costs
- Strong investment opportunity with existing occupancy and potential for owner-user or continued rental income from both commercial and residential
- Includes large commercial office space on the main level with multiple private offices, a kitchenette, restroom, and high ceilings
- Excellent visibility along Stephenson Street an convenient access to 24-hour public parking lot and additional street parking for tenants and visitor
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
Property Taxes
| Parcel Number | 18-14-31-215-002 | Improvements Assessment | $5,979 |
| Land Assessment | $1,609 | Total Assessment | $7,588 |
Property Taxes
Parcel Number
18-14-31-215-002
Land Assessment
$1,609
Improvements Assessment
$5,979
Total Assessment
$7,588
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