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16 W Stephenson Street

Freeport, IL 61032
  • $91,333
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 11736070
UPDATED: 18 min ago
$91,333
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1907
County:
Area:

School Ratings & Info

Description

12 % pro forma return on this excellent 3 unit building in downtown Freeport with entrances on both exchange and Stephenson st sides. Exchange st side is rented and right across from municipal parking lot. Stephenson st side is currently vacant but we have an approved application. 2nd floor is rented to S & R dance - very long term tenant.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-10T17:59:28.77 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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16 W Stephenson Street Freeport, IL 61032

  • Price: $91,333
  • Status: Active
  • On Site: 70 Days
  • Updated: 18 min ago
  • MLS #: 11736070
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1907
Built
Neighborhood:
Freeport
County:
Stephenson
Area:
Freeport
Property Description
12 % pro forma return on this excellent 3 unit building in downtown Freeport with entrances on both exchange and Stephenson st sides. Exchange st side is rented and right across from municipal parking lot. Stephenson st side is currently vacant but we have an approved application. 2nd floor is rented to S & R dance - very long term tenant.
Exterior Features

Parking Total 0

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3168 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection None Geographic Locale Out Of Area Gross Income 19200 Gross Scheduled Income 19200 Insurance Expense 2340 Mls Actual Status Active Net Operating Income 10960 Number Of Tenants 3 Operating Expense 8240 Property Sub Type Mixed Use Rental Price 10 Tax Annual Amount 2059.32 Tax Year 2021 Tenant Pays Other Total Monthly Income 1600 Type Mixed Use Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of A-1 Agency: 815-232-0915.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-10T17:59:28.77 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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