2,4,6 E Stephenson - Sold

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$165,000

  • 25000 sq. ft.

Great opportunity to buy this historic building. First 3 floors built in 1896. First floor contains 3 retail storefronts, one is leased. All have been remodeled. First floor has newer electric, plumbing and HVAC. The upper floors can be remodeled for residential, commercial or mixed use. Approximately 4000 sq ft per floor. Ready for investment, the remodeling and renovation of this building can be maximized by using various incentives available due to its location. It is located in a designated historical district with tax credits available. TIF district, various incentives from municipality and Illinois enterprise zone(various incentives including sales tax exemption on construction materials). Architectural drawings and schematics exist for remodeling options for upper floors.

  • MLS ID: #20181570
  • Price: $165,000
  • Status: Sold
  • Bathrooms: 0.0
  • Square Footage: 25000
  • Lot Size: 0
  • Address: 2,4,6 E Stephenson
  • City: Freeport
  • Zip Code: 61032
  • State: IL
  • County: Stephenson
  • Property Type: Mixed Use
  • School District: Freeport
  • Lot Size Back: 60
  • Lot Size Front: 60
  • Lot Size Side 1: 70
  • Lot Size Side 2: 70
  • Modify Date: 2018-10-12 19:49:09
  • Posting Date: 2018-10-10 20:42:59

Fawnridge Realty Inc.

Office
:
815-493-2829

Fawnridge Realty Inc. has been the number one Lake Carroll sales team for the past 22 consecutive years. We invite you to come out for a day and let one of our experienced brokers show you around our Lake community. See how it can offer the right fit for you and your family. Looking to tour our great lake community. Just call or e-mail one of our brokers for your own, private tour!

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