Freeport, IL 61032,211 E Stephenson Street
Freeport, IL 61032,211 E Stephenson Street
Freeport, IL 61032,211 E Stephenson Street
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$166,900
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211 E Stephenson Street Freeport, IL 61032

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UPDATED:

11/10/2024 06:07 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12203565

Year Built 1892

Annual Tax Amount $909

Tax Year 2023

Lot Dimensions 20X120

Property 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), 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.

Location

State IL

County Stephenson

Zoning COMMR

Interior

Cooling None

Fireplace N

Exterior

View Y/N true


Listed by Paige Burnett • Keller Williams Realty Signature

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Joanna Stawarz

Real Estate Broker | License ID: 475184483

+1(773) 510-6834

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211 E Stephenson Street