115 E South St Freeport, IL 61032

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30744569
Property Subtypes: Mixed Use, Retail-Pad
Status: Pending/Contingent
Building Size (RSF): 8,300 SF
Gross Building Area: See Agent
Sale Price: $299,900
Unit Price: $36.13 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

8300 square ft. commercial building with 4 overhead garage doors. Partial office space with a window a/c unit and bathroom, plus a second bathroom at the other end of the building. Original building with barrel roof is 3200 square ft. with 13' ceilings was built in 1947 and the roof was just recoated in June 2021. The addition is 5100 square ft. with over 14' ceilings and was built in 1994. New gutters and downspouts were installed in 2021.

Additional Details

Nearest MSA: Freeport
County: Stephenson
Tax ID/APN: 04-19-06-426-007
Zoning: B-3
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1947
Roof Type: Other
Construction/Siding: Metal Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard, Ceiling Units
Air Conditioning: Window Unit
Lot Frontage: 108
Lot Depth: 195.91
Water Service: Well
Sewer Type: Other
Legal Description: PT E1/2 SE SEC 6-26-8

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,911 24,401 31,243
Median Age: 36.25 40.85 42.58
Households: 3,038 10,510 13,309


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