222 W Exchange Street

Contact Details

TERESA SKRIDLA

(815) 988-7636
[email protected]

ADDRESS

120 W GRAND AVE
BELOIT WI 53511

LICENSE

IL License# 475.156819

WI License# 8437194

OFFICE ADDRESS

WI Office

120 W GRAND AVE
BELOIT WI 53511

IL Office

4962 HONONEGAH RD
ROSCOE IL 61073

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Listed by Kimberly Taylor with NextHome First Class 815-541-5557

$440,000

222 W Exchange Street, Freeport, IL 61032

Sq.Ft.

17,353

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Property Description

Downtown Freeport Mixed-Use Investment | Multiple Income Streams Strategically located in the heart of downtown Freeport, this multi-level mixed-use building presents an exceptional opportunity for investors seeking diversified and scalable income. The property features multiple finished levels anchored by a second-level residential loft apartment with five bedrooms, ideal for executive housing, short- or long-term rental, or owner occupancy. The commercial component consists of 21 individual rentable spaces, well-suited for salon suites, professional offices, and service-oriented businesses, allowing for tenant diversification and strong demand across multiple business sectors. The building is equipped with a functional elevator, enhancing accessibility and broadening tenant appeal. Additional highlights include ample on-site parking, a high-visibility downtown location, and close proximity to dining, retail, and civic amenities-driving consistent foot traffic and long-term tenancy. This asset offers multiple revenue streams, flexible leasing configurations, and value-add potential through lease optimization or repositioning. Ideal for investors, owner-operators, or portfolio expansion, this downtown Freeport property combines residential income, commercial stability, and strong location fundamentals in one compelling offering.

Overview

Property Status

For Sale

Lot Size

0.33 Acres

MLS ID

12522183

Property Type

Other

Year Built

1900

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Teresa Skridla

(815) 988-7636 [email protected]

Features & Amenities

Total Area

17,353 Sq.Ft.

Stories

Air Conditioning

Central Air, Window Unit(s)

Sales Price

$440,000

Real Estate Tax

$4,800/yr

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222 W Exchange Street

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(815) 988-7636

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