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16 W Stephenson Street, Freeport, IL 61032
$64,000
16 W Stephenson Street, Freeport, IL 61032View this property at 16 W Stephenson Street, Freeport, IL 61032
16 W Stephenson StreetFreeportIL61032
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Property Description
12 % pro forma return on this excellent 3 unit building in downtown Freeport with entrances on both exchange and Stephenson st sides. Exchange st side is rented and right across from municipal parking lot. Stephenson st side is currently vacant but we have an approved application. 2nd floor is rented to S & R dance - very long term tenant.
Full Property Details
Full Property Details for 16 W Stephenson St
General
- Sold For: $64,000
- Taxes: $2,059 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11736070
- Added to Site: 416 day(s) ago
Location
- Area: Freeport
- County: Stephenson
- Driving Directions: stephenson between van buren and chicago
- Location Details: Out of Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick
- Stories/Levels: 2
- Square Feet: 3,168
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1907
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Sq. Ft.): 3,410
- Lot Dimensions: 22 x 155
- Zoning: COMMR
Financial Considerations
- Lease Price: $10
- Operating Expenses: $8,240
- Assessment Year: 1907
- Tax Amount: $2,059.32
- Tax Year: 2021
Disclosures and Reports
- Property ID: 18143120900500
Listed and Sold by A-1 Agency
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Schools
Schools serving 16 W Stephenson St
School District:Freeport School District 145
Rating | Name | Grades | Distance |
---|---|---|---|
701 W Moseley St, Freeport, IL 61032 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 W Stephenson St
Date
Details
Price
Change
Source
12/29/2023
Sold
$64,000
-29.93%
MLS
3/13/2023
Listed
$91,333
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16 W Stephenson Street, Freeport, IL 61032 (MLS# 11736070) is a Commercial property that was sold at $64,000 on December 29, 2023. Want to learn more about 16 W Stephenson 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.