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$30,000 Just Listed
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Property Description
Prime downtown commercial lot offering excellent visibility and development potential. Located in an area where over 1,000 employees work downtown and benefiting from approximately 8,000 vehicles per day in traffic exposure, this 120' x 120' site presents a strong opportunity for investors or owner-users. The property is zoned B-2-1 commercial and located within a federally designated Opportunity Zone, providing potential tax advantages for redevelopment or long-term investment. Site features include a two-sided illuminated sign, city utilities available, concrete sidewalks, and alley access, supporting a variety of commercial uses including retail, office, service business, restaurant, or mixed-use development. With strong visibility, downtown workforce proximity, and flexible commercial zoning, this site offers a compelling opportunity for businesses or developers seeking exposure and accessibility in a growing commercial corridor.
Full Property Details
Full Property Details for 220 N Galena Ave
General
- Price: $30,000
- Taxes: $1,669 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12584197
- Updated: 3/10/2026
- Added to Site: 1 day(s) ago
Location
- Area: Freeport
- County: Stephenson
- Township: Freeport
- Driving Directions: Hwy Business 20 to Clark St
- Location Details: Corner
School Information
- School District: 145
- Elem School District: 145
- Midd School District: 145
- High School District: 145
- Elementary School: Empire Elementary School
- Middle School: Freeport Junior High School
- High School: Freeport High School
- Private School: Freeport High School
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Square Feet: 0.33
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.33
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 120 x 120
- Frontage: City Street, Signal Intersection, State Road, US Highway
- Frontage Feet: 120
- Street/Road Desc.: Asphalt, Concrete
- Zoning: COMMR
- Lot Description: Level
Financial Considerations
- Tax Amount: $1,669
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18143113400600
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Schools
Schools serving 220 N Galena Ave
School District:Freeport School District 145
| Name | Grades | Distance |
|---|---|---|
Lincoln-Douglas Elementary School 1700 West Laurel Street, Freeport, IL 61032 | PK-4 | 1.6 mi |
Freeport Middle School 701 West Empire Street, Freeport, IL 61032 | 7-8 | 0.9 mi |
Freeport High School 701 West Moseley Street, Freeport, IL 61032 | 9-12 | 0.8 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 220 N Galena Ave
Date
Details
Price
Change
Source
3/10/2026
Listed
$30,000
—
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 220 N Galena Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,669
-7%
$14,904
6%
2023
$1,787
2%
$14,050
—
2022
$1,744
100%
$14,050
100%
2021
100%
100%
2020
100%
100%
2019
-100%
-100%
2018
$1,919
—
$14,523
—
2017
$1,919
1%
$14,523
—
2016
$1,897
1%
$14,523
—
2015
$1,870
—
$14,523
—
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 220 N Galena Ave
220 N Galena Avenue, Freeport, IL 61032 (MLS# 12584197) is a Lots/Land property with a lot size of 0.33 acres. 220 N Galena Avenue is currently listed for $30,000 and was received on March 10, 2026. Want to learn more about 220 N Galena Avenue? Do you have questions about finding other Lots/Land real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

