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26-30 W Stephenson St 5,159 SF 100% Leased Retail Building Freeport, IL 61032 $160,000 ($31.01/SF)



INVESTMENT HIGHLIGHTS
- High traffic and Great visibility!
EXECUTIVE SUMMARY
Over 2,000 cars go by each day and over 1,000 people downtown daily this is a prime location! Whether you're looking for a small cafe or retail there are options for all. Corner of Stephenson St and Van Buren Ave you won't want to miss this opportunity. 3 store fronts; #30 is approximately 15' wide and 64' deep, with corner exposure and lots of sunlight, 20' serving counter, kitchen is 15' x 30' with 7'x10' walk in cooler and usable basement. #28 is approximately 18' wide and 64' deep with large front window, some built in shelving, two bathrooms and usable basement. #26 is currently a martial arts studio and used to be a department store, 32' wide and 67' deep with great front display windows and usable basement. Ceilings are approximately 14'. All units have seperate entrance and exit. All units have separate utilities, with separate heating and air. New roof installed in 2018. This solid brick and block foundation building was built in 1958. Located in the Downtown TIF District and located within the Enterprise Zone.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
5,159 SF
Building Class
C
Year Built
1960
Price
$160,000
Price Per SF
$31.01
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
B1-2 - Commercial
Frontage
67’ on Stephenson
AMENITIES
- Corner Lot
- Air Conditioning
- Fiber Optic Internet
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 18-14-31-209-002 | Improvements Assessment | $24,713 |
| Land Assessment | $5,201 | Total Assessment | $29,914 |
PROPERTY TAXES
Parcel Number
18-14-31-209-002
Land Assessment
$5,201
Improvements Assessment
$24,713
Total Assessment
$29,914
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26-30 W Stephenson St
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