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$675,000 Just Listed
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Property Description
Discover a truly unique commercial property where historic significance meets versatile, multi-tenant functionality. Each of the four floors offers its own layout and configuration, creating numerous possibilities for professional offices, medical or dental practices, salons, service-based businesses, educational uses, and a variety of other commercial applications. Originally constructed as a stately school, this impressive building has been thoughtfully redesigned into commercial space while retaining the architectural presence of its original use. This property offers outstanding flexibility for both an investor and an owner-user. The existing subdivision of several larger suites provides opportunities to accommodate businesses of varying sizes, while the building's common areas and accessibility features support a true multi-tenant environment. Whether continued as a multi-tenant commercial property, occupied by a larger organization, or configured for a combination of uses, this former school provides a substantial amount of adaptable space within a building. A rare opportunity to own a distinctive commercial property multiple income-producing spaces, flexible floor plans, and the ability to accommodate a diverse mix of commercial tenants under one roof which is brand new in 2025.
Full Property Details
Full Property Details for 773 W Lincoln Blvd
General
- Price: $675,000
- Taxes: $1,650 (2025)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12770319
- Updated: 9/26/2026
- Added to Site: 4 day(s) ago
Additional Information
- Security/Safety: Sprinklers
Location
- Area: Freeport
- County: Stephenson
- Township: Freeport
- Driving Directions: Take west to Lincoln and turn in parking lot
- Location Details: Out of Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 4
- Square Feet: 28,002
- Year Built: 1908
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 36,000
- Lot Dimensions: 182 x 200
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $60,000
- Security Deposit: Sprinklers
- Assessment Year: 1908
- Tax Amount: $1,650
- Tax Year: 2025
Disclosures and Reports
- Property ID: 18143130100100
Listed by Welcome Home NW Illinois Inc
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Schools
Schools serving 773 W Lincoln Blvd
School District:Freeport School District 145
| Name | Grades | Distance |
|---|---|---|
Blackhawk Elementary School, Freeport, IL 1401 South Blackhawk Avenue, Freeport, IL 61032 | PK-4 | 0.7 mi |
Freeport Middle School 701 West Empire Street, Freeport, IL 61032 | 7-8 | 0.5 mi |
Freeport High School 701 West Moseley Street, Freeport, IL 61032 | 9-12 | 0.5 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 773 W Lincoln Blvd
Date
Details
Price
Change
Source
9/24/2026
Listed
$675,000
—
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 773 W Lincoln Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,468
-9%
$141,780
—
2024
$15,875
-7%
$141,780
6%
2023
$16,996
2%
$133,654
-41%
2022
$16,589
-44%
$226,134
3%
2021
$29,875
5%
$219,080
—
2020
$28,505
-1%
$219,080
—
2019
$28,883
2%
$219,073
2%
2018
$28,296
—
$214,184
—
2017
$28,299
1%
$214,184
—
2016
$27,974
1%
$214,184
—
2015
$27,582
—
$214,184
—
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 773 W Lincoln Blvd
773 W Lincoln Boulevard, Freeport, IL 61032 (MLS# 12770319) is a Office property. 773 W Lincoln Boulevard is currently listed for $675,000 and was received on September 24, 2026. Want to learn more about 773 W Lincoln Boulevard? Do you have questions about finding other Office real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

