211 East Stephenson Street

Freeport, IL 61032

$166,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Opportunity for a multi-use property within the downtown area of Freeport within Enterprise Zone. Being listed as the address of 211 E Stephenson St, 211 1/2 E Stephenson St is also part of this building and sale. 211 is a large commercial office with multiple separated spaces; a bathroom with sink and toilet, a kitchenette, rear exit door, unfinished basement, high ceilings, and excellent visibility on Stephenson Street. Tenant responsible for all utilities in their unit (gas, water, electric),...Opportunity for a multi-use property within the downtown area of Freeport within Enterprise Zone. Being listed as the address of 211 E Stephenson St, 211 1/2 E Stephenson St is also part of this building and sale. 211 is a large commercial office with multiple separated spaces; a bathroom with sink and toilet, a kitchenette, rear exit door, unfinished basement, high ceilings, and excellent visibility on Stephenson Street. Tenant responsible for all utilities in their unit (gas, water, electric), as designated on current lease. 211 1/2 consists of four 1 bedroom/1 bath apartments; two on the second floor, and two on the third floor. Each unit has their own furnace (gas forced air), and gas and electric meter. Tenants are responsible for their own gas and electricity utilities as designated on current leases. Owner is responsibly for water/sewer/garbage utilities, and the common hallway electric. Some updates to the apartments include new water heaters for Unit 3 and 4 in 2021 and 2022, and a new furnace for Unit 3 in 2018. The city of Freeport has a 24-hour parking lot diagonally across of Stephenson Street from this building for patrons and tenants to utilize; street parking also available. All units are occupied and current at this time. Financial information can be shared at request, and with permission of owner. Will require 48 hours notice and approval to show; Owner and/or Listing Agent to be present for showings unless otherwise stated at time of scheduling. Photos shown of the exterior of the building are current. Photos of units were taken prior to tenancies. Buyer to verify all information, details and measurements. Owner/seller is an Illinois Licensed Leasing Agent.
  1. Listed by Paige Burnett • Keller Williams Realty Signature

Property Details for 211 East Stephenson Street

Area
Freeport
Township
Freeport
Zoning
COMMR
LISTING UPDATED: 11/10/2024 12:07 AM

Property Details for 211 East Stephenson Street

StatusActive
MLS #12203565
Days on Market13
Taxes$910 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1892
Lot Size0.06 AC / 2,400 SF
CountyStephenson County

Building Information for 211 East Stephenson Street

Stories3Residences5Year Built1892Lot Size0.06 AC / 2,400 SF

Property Information for 211 East Stephenson Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Out of Area
  • Information: 48-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 20X120
  • Lot Size Square Feet: 2400.0
  • Stories: 3
  • Fire Protection: Fire Extinguisher/s
  • # Of Offices: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 5
  • Document Date: 2024-11-04T23:46:49
  • Photos Count: 27
Miscellaneous
  • Current Use: Commercial
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $212.00
  • Fuel Expense: $100.00
  • Gross Income: $21,780.00
  • Gross Scheduled Income: $21,780.00
  • Insurance Expense: $3,000.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 1815
  • Water Expense Source: Actual
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,674.00

Property History for 211 East Stephenson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 211 East Stephenson Street

Taxable ValueLand$1,517Additions$5,636Total$7,153
Tax Record2023$910 ($76 / month)
Home Facts
Total Finished SqFt5,040 SqFtAbove Grade Finished SqFt5,040 SqFtStories3Lot Size2,400 SqFtStyleOffice BuildingYear Built1892CountySTEPHENSONAPN18-14-31-215-002

Schools near 211 East Stephenson Street

This home is within Freeport School District 145.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Taylor Park Elementary School
PublicPK to 4

Freeport Middle School
Public7 to 8

Freeport High School
Public9 to 12

Center Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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211 East Stephenson Street is a mixed use property for sale in Freeport, IL 61032. This property was listed for sale on November 4, 2024 by Keller Williams Realty Signature, it's currently listed at $166,900. This listing's school district is Freeport School District 145. Nearby schools include Taylor Park Elementary School, Freeport Middle School and Freeport High School. 211 East Stephenson Street is a 0-bed, 0-bath, mixed use property built in 1892.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Signature

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/10/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.