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Improved Mixed-Use Land for Sale in Freeport, Illinois

Stephenson County, Freeport, IL 61032

$680,000
22 acres
Active
ago
Est $4,850/mo

Check out this one of a kind property and escape the city and become your own boss with this unparalleled 22-acre income-generating property, perfectly suited for use as a B&B, cafe, retreat, or premier destination wedding venue. This unique offering combines a historic brick home, a modern ADA-compliant commercial building, and an established outdoor event center. The Commercial Building is a 60'x40' facility built in 2008, featuring a commercial licensed kitchen, a retail area with a custom bar, an events room, and a walk-out lower level with temperature-controlled rooms. This building boasts green features including Passive Solar, a NuAir Heat Exchanger, and high R-value SIP construction. Fiber internet has also been recently installed. The Outdoor Event Center includes the remodeled "Crib" with bar service and a stage, attached to a 2,088 sqft shelter, and has a proven track record, averaging 51 events annually. The business includes dedicated parking for up to 100 cars and separate infrastructure including its own well and septic system. The Residential Component is a two-story brick home (approx. 2,400 sqft, built 1860) with 4 bedrooms and 2 baths, featuring 10-foot ceilings, original woodwork, and floor-to-ceiling windows, offering high potential for a B&B conversion. The picturesque 22-acre grounds include a creek, crossed by two bridges, notably a stunning covered bridge built with 1840's repurposed barn wood, and is located on a paved road with easy access to IL Hwys 26, 20, and 75.

1,400
Sq feet
4
Beds
2
Full baths

Location

School district
Freeport 145
Elevation
816 feet
Coordinates
42.3739, -89.6194

Property details

Acreage
22 acres
MLS #
RAAR 202507288
Posted

Property taxes

2025
$18,214

Parcels

  • 1406200002

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Keller Williams Realty

Exterior

Parking Spaces
4
Parking
Garage
Structures
Packing Shed, Shed(s)
Features
Full Exposure, Garden Shed, Out Building(s)

Structure

Stories
2
Heating
Fireplace(s), Geothermal, Propane
Cooling
Central Air
Materials
Brick, Stone
Roof
Metal, Shingle

Interior

Rooms
Basement, Bathroom x 2, Bedroom x 4, Kitchen, Office
Appliances
Cooktop, Dishwasher, Refrigerator, Softener Water, Washer
Features
Horses Allowed

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
FreeportElementaryFreeport 145
Freeport JR HighMiddleFreeport 145
Freeport HighHighFreeport 145

Listing history

DateEventPriceChangeSource
Dec 15, 2025New listing$680,000RAAR
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This 22-acre property is located in Freeport, IL 61032. The property is available for sale for $680,000. It has a 1,400 sq ft 4 bedroom, 2 bath house.

Checked 1 hour ago — Updated

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