773 W Lincoln Boulevard, Freeport, IL 61032
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$ 675,000
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773 W Lincoln Boulevard Freeport, IL 61032

28,002 SqFt


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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 28,002 sqft

Price per Sqft $24

MLS Listing ID 202606085

Annual Tax Amount $15,335

Tax Year 2025

Lot Size 0.830 Acres

Property Sub-Type Commercial

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.

Location

State IL

Schools

School District Freeport 145


NorthWest Illinois Alliance of REALTORS®
Listed by Welcome Home NW Illinois, Inc.
John And Sheryl Peterson

John And Sheryl Peterson

Agent

+1(815) 289-5332

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773 W Lincoln Boulevard