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$365,000 -$24,900 (-6.39%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 8,300 Sq. Ft.
  • Updated 9 hours ago
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Prime Commercial Building on Business 20 - Freeport ***Excellent visibility (IDOT TRAFFIC COUNTS 9,500 daily) and accessibility on Business 20 as you enter the Beltline into Freeport! This versatile 8,300 sq. ft. commercial building offers a mix of office and storage space, ideal for a wide variety of business uses. The original 3,200 sq. ft. structure, built in 1974, features 13-foot ceilings with a distinctive barrel roof. A 5,100 sq. ft. addition, constructed in 1994, provides expansive open space with over 14-foot ceilings, offering flexibility for storage, light industrial use, or expanded office layouts. Asphalt Parking Lot. Split into Storage and Offices, 2 bathrooms, HVAC and Electric updates.

Full Property Details for 115 E South St

General

  • Price: $365,000
  • Taxes: $6,711 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12462470
  • Updated: 1/22/2026

Property History

  • 115 E South St, Freeport, IL
  • Price Reduced $365,000 on 1/22/26
  • Listed $389,900 on 9/11/25

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Interior

  • Interior Features: Private Restroom(s)
  • Flooring: Concrete

Location

  • Area: Freeport
  • County: Stephenson
  • Township: Silver Creek
  • Driving Directions: US RT 20 W to IL RT 26 S to South St
  • Location Details: Far West, Mixed-Use Area

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Ceiling Units, Electric, Gas

Structural Information

  • Construction: Steel Siding
  • Exterior Const.: Steel Siding
  • Roof: Composition, Metal, Rubber
  • Sub-Flooring: Concrete
  • Stories/Levels: 1
  • Square Feet: 8,300
  • Current Bldg. Use: Commercial
  • Year Built: 1947
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 1

Lot Features

  • Lot Size (Sq. Ft.): 21,029
  • Lot Dimensions: 108 x 240 x 108 x 195.91
  • Frontage: City Street
  • Zoning: COMMR

Financial Considerations

  • Assessment Year: 1947
  • Tax Amount: $6,711
  • Tax Year: 2024
  • Tenant Pays: Electricity, Heat, Taxes

Disclosures and Reports

  • Property ID: 4190642600700

Listed by NextHome First Class

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— 115 E South St —

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Schools serving 115 E South St

School District:Freeport School District 145
NameGradesDistance
Freeport High School
701 West Moseley Street, Freeport, IL 61032
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info for 115 E South St

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115 E South Street, Freeport, IL 61032 (MLS# 12462470) is a Commercial property. 115 E South Street is currently listed for $365,000 and was received on September 11, 2025. Want to learn more about 115 E South Street? Do you have questions about finding other Commercial real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

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