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$50,000
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Property Description
PRICE DROP! - Incredible Value! Versatile and spacious commercial property priced below market value-a fantastic opportunity for investors or business owners! Featuring 5 flexible offices/exam rooms/bedrooms, 2 full bathrooms, a fully equipped kitchen, dining area, expansive living space, and a private office with a half bath. This ADA-compliant property includes a sprinkler system, laundry room, and 6 on-site parking spaces. While there's no garage, ample parking makes it ideal for medical offices, dental clinics, physical therapy centers, shared accommodations, corporate headquarters, or other mixed-use purposes. Adaptable to suit various needs-don't miss out on this incredible deal! Seller financing is available, motivated and looking for a deal.
Full Property Details
Full Property Details for 227 E Washington St
General
- Sold For: $50,000
- Taxes: $6,243 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12277247
- Added to Site: 476 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Freeport
- County: Stephenson
- Driving Directions: Galena Ave to turn east on Washington St
- Location Details: Out of Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,624
- Current Bldg. Use: Commercial, Condominium, Office, Special Use
- Year Built: 2003
Lot Features
- Lot Size (Sq. Ft.): 14,479
- Lot Dimensions: 121 x 120
- Zoning: COMMR
Financial Considerations
- Security Deposit: Sprinklers-Wet
- Assessment Year: 2003
- Tax Amount: $6,243
- Tax Year: 2023
Disclosures and Reports
- Property ID: 18143128001100
Listed by Compass
Sold by Gambino Realtors Home Builders
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Schools
Schools serving 227 E Washington St
School District:Freeport School District 145
| Name | Grades | Distance |
|---|---|---|
Freeport High School 701 West Moseley Street, Freeport, IL 61032 | 9-12 | 1 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 227 E Washington St
Date
Details
Price
Change
Source
5/12/2026
Sold
$50,000
—
MLS
4/23/2026
Price Reduced
$50,000
-49.49%
MLS
11/13/2025
Price Reduced
$99,000
-23.78%
MLS
4/06/2025
Price Reduced
$129,888
-0.01%
MLS
3/25/2025
Price Reduced
$129,900
-3.71%
MLS
3/18/2025
Price Reduced
$134,900
-3.57%
MLS
2/12/2025
Price Reduced
$139,900
-6.67%
MLS
1/28/2025
Listed
$149,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
227 E Washington Street, Freeport, IL 61032 (MLS# 12277247) is a Commercial property that was sold at $50,000 on May 12, 2026. Want to learn more about 227 E Washington 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.

