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220 N Galena Ave
Freeport, IL 61032
Land For Sale
·
0.33 AC
Property Facts
| Sale Type | Investment | Proposed Use | Convenience Store |
| No. Lots | 1 | Total Lot Size | 0.33 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | B2-1 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Convenience Store |
| Total Lot Size | 0.33 AC |
| Opportunity Zone |
Yes |
| Zoning | B2-1 |
1 Lot Available
Lot
| Price | $30,000 | Lot Size | 0.33 AC |
| Price Per AC | $90,634.44 |
| Price | $30,000 |
| Price Per AC | $90,634.44 |
| Lot Size | 0.33 AC |
Description
Prime downtown commercial lot offering excellent visibility and development potential. Located in an area where over 1,000 employees work downtown and benefiting from approximately 8,000 vehicles per day in traffic exposure, this 120' x 120' site presents a strong opportunity for investors or owner-users. The property is zoned B-2-1 commercial and located within a federally designated Opportunity Zone, providing potential tax advantages for redevelopment or long-term investment. Site features include a two-sided illuminated sign, city utilities available, concrete sidewalks, and alley access, supporting a variety of commercial uses including retail, office, service business, restaurant, or mixed-use development. With strong visibility, downtown workforce proximity, and flexible commercial zoning, this site offers a compelling opportunity for businesses or developers seeking exposure and accessibility in a growing commercial corridor.
Property Taxes
| Parcel Number | 18-14-31-134-006 | Improvements Assessment | $456 |
| Land Assessment | $14,448 | Total Assessment | $14,904 |
Property Taxes
