115 E South St

Freeport, IL 61032

$389,900
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Prime Commercial Building on Business 20 - Freeport Excellent visibility (IDOT TRAFFIC COUNTS 9,500 daily) and accessibility on Business 20 as you enter the Beltline into Freeport! This versatile 8,300 sq. ft. commercial building offers a mix of office and storage space, ideal for a wide variety of business uses. The original 3,200 sq. ft. structure, built in 1974, features 13-foot ceilings with a distinctive barrel roof. A 5,100 sq. ft. addition, constructed in 1994, provides expansive open space...Prime Commercial Building on Business 20 - Freeport Excellent visibility (IDOT TRAFFIC COUNTS 9,500 daily) and accessibility on Business 20 as you enter the Beltline into Freeport! This versatile 8,300 sq. ft. commercial building offers a mix of office and storage space, ideal for a wide variety of business uses. The original 3,200 sq. ft. structure, built in 1974, features 13-foot ceilings with a distinctive barrel roof. A 5,100 sq. ft. addition, constructed in 1994, provides expansive open space with over 14-foot ceilings, offering flexibility for storage, light industrial use, or expanded office layouts. Asphalt Parking Lot. Split into Storage and Offices, 2 bathrooms, HVAC and Electric updates.
  1. Listed by Kimberly Taylor • NextHome First Class
    P: (815)-541-5557 C: (815)-541-5557 realtorkimberlytaylor@gmail.com; nexthomefirstclass@gmail.com
  2. Listed by Becky Taylor • NextHome First Class
    P: (815)-232-4433 C: (815)-232-4433 becky.nexthomefirstclass@gmail.com

Property Details for 115 East South Street

Area
Freeport
Township
Silver Creek
Air Conditioning Type
Window Unit(s)
Zoning
COMMR
LISTING UPDATED: 12/03/2025 09:25 PM

Property Details for 115 East South Street

StatusActive
MLS #12462470
Days on Market96
Taxes$6,711 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1947
Lot Size0.48 AC / 21,029 SF
CountyStephenson County

Location

Listing Courtesy of NextHome First Class
Add your commute

Building Information for 115 East South Street

Stories1Residences1Year Built1947Lot Size0.48 AC / 21,029 SF

Payment Calculator

$2,486 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,927

Property Taxes

$559

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 115 East South Street

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Far West
  • Information: 24-Hr Notice Required,Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Flooring: Concrete
  • Heat/Ventilation: Ceiling Units,Electric,Gas
  • Misc Inside: Private Restroom/s
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Taxes
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 108 X 240 X 108 X 195.91
  • Lot Size Square Feet: 21029.0
  • Stories: 1
  • Construction: Steel Siding
  • Roof Type: Composition, Metal, Rubber
  • Fire Protection: None
  • Building Area Total: 8300
  • # Of Offices: 4
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 10
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 115 East South Street

DateEvent & SourcePriceAppreciation
Sep 11, 2025

Listed (Active)

MRED #12462470

$389,900—
DateEvent & SourcePrice
09/11/2025

Listed (Active)

MRED #12462470

$389,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 115 East South Street

Taxable ValueLand$10,608Additions$40,277Total$50,885
Tax Record2024$6,712 ($559 / month)
Home Facts
Total Finished SqFt8,300 SqFtAbove Grade Finished SqFt8,300 SqFtStories1Lot Size26,136 SqFtStyleMiscellaneous CommercialYear Built1947CountySTEPHENSONAPN04-19-06-426-007

Schools near 115 East South Street

This home is within Freeport School District 145.
Rating
School
Type
Grades
Distance
Blackhawk Elementary School
Public - PK to 4
Freeport Middle School
Public - 7 to 8
Freeport High School
Public - 9 to 12
Center Elementary School
Public - PK to 4
Rating
School
Distance
Blackhawk Elementary School
PublicPK to 4

Freeport Middle School
Public7 to 8

Freeport High School
Public9 to 12

Center Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 115 East South Street, Freeport, IL 61032

115 East South Street is a mixed use property for sale in Freeport, IL 61032. This property was listed for sale on September 11, 2025 by NextHome First Class, it's currently listed at $389,900. This listing's school district is Freeport School District 145. Nearby schools include Blackhawk Elementary School, Freeport Middle School and Freeport High School. 115 East South Street is a 0-bed, 0-bath, mixed use property built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome First Class

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/03/2025 09:25 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.