$110,000
Original price: $120,000
4 Beds
5 Baths
5,040 sqft
211 E Stephenson, Freeport, IL 61032
Est. Mortgage $907/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1892
$22/sqft
9 Parking Spaces
Local Information
- Map ViewExplore the area around 211 E Stephenson.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Strong street presenceClassic architectural characterFour residential apartmentsStreet-level commercial spaceFlexible layoutLarge storefront windows
REDUCED - 16 % + Pro Forma Return ! For Sale – Mixed-Use Investment / Owner-User Opportunity | Freeport, IL Well-located three-story brick commercial building offering a compelling blend of stable income and owner-user potential. Situated in a visible corridor of Freeport, this classic structure features four residential apartments and a street-level commercial space, making it ideal for investors or business owners seeking to occupy while collecting rental income. The residential component consists of four apartments, with three units currently leased, providing immediate, reliable cash flow. Units are well-configured and appeal to the area’s steady demand for affordable housing, a common driver of consistent occupancy in the Freeport market . The main-floor commercial space is currently vacant, presenting a prime opportunity for an owner-user or value-add investor. With strong street presence, large storefront windows, and flexible layout, the space is well-suited for a variety of uses including retail, office, service business, or studio. Visibility and accessibility make it an attractive location for a business looking to establish or expand locally. Constructed of solid brick, the building offers classic architectural character along with long-term durability. Separate utilities (typical in similar properties in the area) and straightforward management contribute to operational efficiency . Highlights: 3-story brick mixed-use building 4 residential units (3 occupied / 1 potential upside) Vacant commercial space ideal for owner-user Income-producing with additional lease-up potential Strong visibility and central location Opportunity to offset occupancy costs with rental income This is a rare chance to acquire a partially stabilized asset with both immediate cash flow and upside through commercial occupancy or rent growth—perfect for an investor or business owner looking to control their space while building equity.
Last check for updates: about 10 hours ago
Listing courtesy of BRIAN BORCHARDT, (815) 238-2015
A-1 Agency
Source: NorthWest Illinois Alliance of REALTORS®, MLS#202602154
Also Listed on NorthWest Illinois Alliance of REALTORS®.
Home Details for 211 E Stephenson
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 5040 Square Feet |
Appliances & Utilities Utilities: No Separate UtilitiesAppliances: Refrigerator, Stove/Cooktop, Natural Gas Water HeaterRefrigerator |
Heating & Cooling Heating: Electric,Natural GasHas CoolingAir Conditioning: Central Air,Window Unit(s)Has HeatingHeating Fuel: Electric |
Gas & Electric Electric: Circuit Breakers, Fuses |
Levels, Entrance, & Accessibility Stories: 3Levels: Three Or More |
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Exterior Home Features Roof: OtherExterior: Balcony |
Parking & Garage Parking Spaces: 9 |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 5040 Square Feet |
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Cumulative Days on Market: 112Days on Market: 166 |
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Year Built Year Built: 1892 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Units |
Building Construction Materials: Brick/Stone, Other |
Property Information Parcel Number: 181431215002 |
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Price List Price: $110,000Price Per Sqft: $22 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: ACTIVE and AVAILABLE |
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Direction & Address City: FREEPORTCommunity: IL |
School Information Elementary School: Freeport 145Elementary School District: Freeport 145Jr High / Middle School: Freeport 145Jr High / Middle School District: Freeport 145High School: Freeport 145High School District: Freeport 145 |
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Listing Agent Listing ID: 202602154 |
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Building Area Building Area: 5040 |
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BasementMls Number: 202602154Above Grade Unfinished Area: 5040 |
Around this home
What Locals Say about Freeport
At least 217 Trulia users voted on each feature.
86 % Say car is needed
85 % Say parking is easy
80 % Say yards are well-kept
80 % Say there are sidewalks
79 % Say it's dog friendly
76 % Say there's holiday spirit
62 % Say kids play outside
56 % Say there's wildlife
55 % Say neighbors are friendly
54 % Say it's quiet
53 % Say people would walk alone at night
42 % Say streets are well-lit
40 % Say they plan to stay for at least 5 years
32 % Say it's walkable to grocery stores
31 % Say it's walkable to restaurants
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Freeport
Last updated August 2026
Avg. sale price
$155K
$4KMoM
Sale-to-List Price
98.9%
0.5%MoM
Price per sq ft
$92
$1MoM
Available listings
144
11MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.71 | Multi-Family Home | $105,000 | 08/12/26 | 4 | 4 | 3,840 | |
0.29 | Multi-Family Home | $40,000 | 02/13/26 | 4 | 2 | - | |
0.36 | Multi-Family Home | $89,900 | 06/17/26 | 6 | 2 | - | |
0.38 | Multi-Family Home | $85,000 | 03/31/26 | 6 | 2 | - | |
0.82 | Multi-Family Home | $131,900 | 12/15/25 | 4 | 3 | - | |
0.60 | Multi-Family Home | $207,000 | 02/26/26 | 10 | 4 | - | |
0.73 | Multi-Family Home | $125,000 | 03/11/26 | 6 | 2 | - | |
1.28 | Multi-Family Home | $60,000 | 09/04/26 | 4 | 2 | 2,188 | |
0.43 | Multi-Family Home | $104,900 | 03/06/26 | - | 3,084 | ||
0.37 | Multi-Family Home | $52,500 | 12/19/25 | - | 1,816 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | - | - | - | - | Off Market | |
0.01 | - | 1 | 1 | - | Off Market | |
0.01 | - | 1 | 1 | - | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.04 | - | - | - | - | Off Market | |
0.05 | - | Studio | - | 8,800 | Off Market | |
0.05 | $143,400 | Studio | - | 14,187 | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.10 | $152,500 | 3 | 3 | 6,000 | Off Market | |
0.13 | - | - | - | - | Off Market | |
0.14 | - | Studio | 2 | - | Off Market | |
0.14 | - | Studio | 2 | - | Off Market | |
0.16 | $161,900 | 2 | 1 | 2,880 | Off Market | |
0.16 | - | - | - | - | Off Market | |
0.16 | - | Studio | - | - | Off Market | |
0.17 | - | 1 | 1 | 848 | Off Market | |
0.18 | - | Studio | 7 | - | Off Market | |
0.18 | - | Studio | 1 | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 30, 2026 Source: NorthWest Illinois Alliance of REALTORS® #202602154 | PendingToActive | $110,000 |
Sep 5, 2026 Source: NorthWest Illinois Alliance of REALTORS® #202602154 | Pending | $110,000 |
Jul 27, 2026 Source: NorthWest Illinois Alliance of REALTORS® #202602154 | PriceChange | $110,000 Price decreased by 8% |
Jun 16, 2026 Source: NorthWest Illinois Alliance of REALTORS® #202602154 | PendingToActive | $120,000 |
Jun 2, 2026 Source: Zillow Rentals | ListingRemoved | $500 |
May 31, 2026 Source: NorthWest Illinois Alliance of REALTORS® #202602154 | Pending | $120,000 |
May 5, 2026 Source: NorthWest Illinois Alliance of REALTORS® #202602154 | PendingToActive | $120,000 |
Apr 24, 2026 Source: NorthWest Illinois Alliance of REALTORS® #202602154 | Pending | $120,000 |
Apr 19, 2026 Source: NorthWest Illinois Alliance of REALTORS® #202602154 | Listed For Sale | $120,000 |
Feb 3, 2026 Source: Zillow Rentals | Listed For Rent | $500 |
Dec 16, 2025 Source: Zillow Rentals | ListingRemoved | $550 |
Dec 5, 2025 Source: Zillow Rentals | PriceChange | $550 Price decreased by 8% |
Sep 9, 2025 Source: Zillow Rentals | Listed For Rent | $600 |
Jun 4, 2025 Source: Zillow Rentals | ListingRemoved | $600 |
Jun 3, 2025 Source: Zillow Rentals | Listed For Rent | $600 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
BRIAN BORCHARDT, A-1 Agency
Agent Phone: (815) 238-2015
IDX information is provided exclusively for 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 not guaranteed.
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Frequently asked questions about 211 E Stephenson
- What is the estimated monthly payment for 211 E Stephenson?Based on a $110,000 list price with 20% down at today's rates, the estimated monthly payment for 211 E Stephenson in Freeport, IL is approximately $922 (about $621 principal & interest, $226 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 211 E Stephenson compare to homes in Freeport?211 E Stephenson in Freeport, IL is listed at $110,000, about 29% below the $155K median sale price in Freeport.
- What do residents say about Freeport?Residents describe Freeport, IL as easy to park in, well-kept, and pedestrian-friendly. See homes for sale in Freeport, IL.
- What are the closest schools to 211 E Stephenson?The closest schools to 211 E Stephenson in Freeport, IL are Carl Sandburg Middle School (Elementary, rated 3/10), Center Elementary School (Pre-K, rated 8/10), Freeport High School (rated 1/10).
- Does 211 E Stephenson have air conditioning?Yes, 211 E Stephenson in Freeport, IL has air conditioning.
- Does 211 E Stephenson have parking?Yes, 211 E Stephenson in Freeport, IL has on-site parking.
211 E Stephenson, Freeport, IL 61032 is a 4 bedroom, 5 bathroom, 5,040 sqft multi-family built in 1892. This property is currently available for sale and was listed by NorthWest Illinois Alliance of REALTORS® on Apr 19, 2026. The MLS # for this home is MLS# 202602154.