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$400,000 Just Listed
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Property Description
Commercial Space. Total potential monthly rents for all spaces is $6500. Property adjacent to Baymont Inns and Suites. This is the crossroads of Stephenson County. Combined E-W-N-S traffic is over 25,000 per day. DMV lease still has seven years remaining at $3100 per month. (Agent Related)
Full Property Details
Full Property Details for 1050 Riverside Dr
General
- Price: $400,000
- Taxes: $5,926 (2024)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12579463
- Updated: 3/3/2026
- Added to Site: 1 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Carbon Monoxide Detector(s)
Location
- Area: Freeport
- County: Stephenson
- Driving Directions: Us Hwy 20 East to the north of Freeport. Go south at the intersection of Hwy 26. Take the first right .. the property is around the bend on the left next to the hotel.
- Location Details: Out of Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Steel Siding
- Exterior Const.: Steel Siding
- Stories/Levels: 1
- Square Feet: 4,963
- Year Built: 2008
Lot Features
- Lot Size (Acres): 1.07
- Lot Size (Sq. Ft.): 46,609
- Lot Dimensions: 246185246131
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $8,900
- Security Deposit: Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 2008
- Tax Amount: $5,926
- Tax Year: 2024
Disclosures and Reports
- Property ID: 8132447600400
Listed by Morgan Realty, Inc.
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Schools
Schools serving 1050 Riverside Dr
School District:Freeport School District 145
| Name | Grades | Distance |
|---|---|---|
Center Elementary School 718 East Illinois Street, Freeport, IL 61032 | PK-4 | 2.5 mi |
Freeport Middle School 701 West Empire Street, Freeport, IL 61032 | 7-8 | 2.2 mi |
Freeport High School 701 West Moseley Street, Freeport, IL 61032 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1050 Riverside Dr
Date
Details
Price
Change
Source
3/03/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1050 Riverside Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,927
8%
$44,148
4%
2023
$5,477
—
$42,627
—
2022
$5,457
-6%
$42,627
—
2021
$5,802
1%
$42,627
—
2020
$5,727
1%
$42,627
2%
2019
$5,683
1%
$41,791
1%
2018
$5,632
—
$41,377
—
2017
$5,627
1%
$41,377
—
2016
$5,560
3%
$41,377
2%
2015
$5,417
—
$40,765
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1050 Riverside Dr
1050 Riverside Drive, Freeport, IL 61032 (MLS# 12579463) is a Office property. 1050 Riverside Drive is currently listed for $400,000 and was received on March 03, 2026. Want to learn more about 1050 Riverside Drive? Do you have questions about finding other Office real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

