227 E Washington St

$129,888
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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,...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.

Property Details for 227 East Washington Street

Area
Freeport
Township
Freeport
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 11/03/2025 06:56 PM

Property Details for 227 East Washington Street

StatusActive
MLS #12277247
Days on Market286
Taxes$6,243 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built2003
Lot Size0.33 AC / 14,479 SF
CountyStephenson County

Location

Add your commute

Building Information for 227 East Washington Street

Stories1Residences1Year Built2003Lot Size0.33 AC / 14,479 SF

Payment Calculator

$1,201 per month

30 year fixed, 6.845% Interest

Principal and Interest

$681

Property Taxes

$520

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 227 East Washington Street

General Information
Location and General Information
  • Geographic Locale: Out of Area
  • Information: Short Notice OK,Show-Lock Box
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Built Before 1978: No
  • Approximate Age: 16-25 Years
  • Lot Dimensions: 121 X 120
  • Lot Size Square Feet: 14479.0
  • Stories: 1
  • Construction: Vinyl Siding
  • Roof Type: Composition
  • Fire Protection: Sprinklers-Wet
  • Building Area Total: 2624
  • # Of Offices: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Buyer Financing: Conventional, Owner May Help/Assist
  • Public Document Count: 0
  • Photos Count: 26
Miscellaneous
  • Current Use: Commercial, Condominium, Office, Special Use
Virtual Tour/Additional Media
  • Virtual Tour: Image360+realtor
  • Virtual Tour YN: Yes
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
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 227 East Washington Street

DateEvent & SourcePriceAppreciation
Apr 6, 2025

Price Change

MRED #12277247

$129,888
Mar 24, 2025

Price Change

MRED #12277247

$129,900
Mar 18, 2025

Price Change

MRED #12277247

$134,900
Feb 12, 2025

Price Change

MRED #12277247

$139,900
Jan 28, 2025

Listed (Active)

MRED #12277247

$149,900
Jan 11, 2025

Cancelled

MRED #12163065

$175,000
Sep 11, 2024

Listed (Active)

MRED #12163065

$175,000
Jan 22, 2003

Sold

NorthWest Illinois Alliance of REALTORS® #100780

$12,500
Jan 10, 2003

Pending

NorthWest Illinois Alliance of REALTORS® #100780

Jan 9, 2003

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #100780

$12,500
DateEvent & SourcePrice
04/06/2025

Price Change

MRED #12277247

$129,888
03/24/2025

Price Change

MRED #12277247

$129,900
03/18/2025

Price Change

MRED #12277247

$134,900
02/12/2025

Price Change

MRED #12277247

$139,900
01/28/2025

Listed (Active)

MRED #12277247

$149,900
01/11/2025

Cancelled

MRED #12163065

$175,000
09/11/2024

Listed (Active)

MRED #12163065

$175,000
01/22/2003

Sold

NorthWest Illinois Alliance of REALTORS® #100780

$12,500
01/10/2003

Pending

NorthWest Illinois Alliance of REALTORS® #100780

01/09/2003

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #100780

$12,500

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

Public Records for 227 East Washington Street

Taxable ValueLand$3,635Additions$48,441Total$52,076
Tax Record2024$5,831 ($486 / month)
Home Facts
Total Finished SqFt2,624 SqFtAbove Grade Finished SqFt2,624 SqFtLot Size14,375 SqFtStyleOffice BuildingYear Built2003CountySTEPHENSONAPN18-14-31-280-011

Schools near 227 East Washington Street

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

Freeport Middle School
Public7 to 8

Freeport High School
Public9 to 12

Blackhawk 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.

Similar Homes

Similar Sold Homes

227 East Washington Street is a mixed use property for sale in Freeport, IL 61032. This property was listed for sale on January 28, 2025 by Compass, it's currently listed at $129,888. It has been on the market for a total of 286 days and was last sold on January 23, 2003. This listing's school district is Freeport School District 145. Nearby schools include Center Elementary School, Freeport Middle School and Freeport High School. 227 East Washington Street is a 0-bed, 0-bath, mixed use property built in 2003.

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.

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 11/03/2025 06:56 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.