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$29,000 Just Listed
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Property Description
Prime commercial redevelopment opportunity in Freeport! This commercially zoned property offers a blank slate for a variety of potential uses and is ready for its next chapter. Formerly operated as a gas station, the underground storage tanks have been removed and the property has received environmental clearance. The former gas station canopy remains on site, but there are currently no utilities present, giving a new owner the freedom to develop the property to fit their vision. With the environmental work already addressed and commercial zoning in place, this is a unique opportunity for an investor, developer, or business owner looking for a well-positioned site with plenty of potential. Bring your plans and make it your own! Prospective buyers should independently verify zoning, permitted uses, development requirements, utility availability, and any necessary approvals with the appropriate City of Freeport departments and other governing authorities.
Full Property Details
Full Property Details for 220 N Galena Ave
General
- Price: $29,000
- Taxes: $1,669 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12740074
- Updated: 8/22/2026
- Added to Site: 3 day(s) ago
Location
- Area: Freeport
- County: Stephenson
- Driving Directions: At the corner of Galena and W Clark
- Location Details: Out of Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam
Utilities
- Water: Municipal Water
Structural Information
- Stories/Levels: 0
- Year Built: 1900
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 120 x 120
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1900
- Tax Amount: $1,669
- Tax Year: 2025
Disclosures and Reports
- Property ID: 18143113400600
Listed by Epique Realty Inc
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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 ATTOM Data Solutions 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
8/22/2026
Listed
$29,000
—
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
2025
$1,521
-9%
$14,904
—
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# 12740074) is a Commercial property. 220 N Galena Avenue is currently listed for $29,000 and was received on August 22, 2026. Want to learn more about 220 N Galena Avenue? 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.

