222 W Exchange Street, Freeport, IL

$440,000

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About 222 W Exchange Street

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.

Features of 222 W Exchange Street

MLS® # 12522183
Price $440,000
Bathrooms 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 222 W Exchange Street
Area Freeport
City Freeport
County Stephenson
State IL
Zip Code 61032

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 250
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNextHome First Class

Listing Map

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