$283,399Average Value$103Average Price per Sq Ft2Homes For Sale
'Pretzel City' approaches another economic reinvention
Freeport is a Northwest Illinois city of around 23,000 residents with a proud past and an uncertain future. “Like so many communities this size that had a lot of manufacturing, we’ve lost a lot of industries and businesses,” says Pete Norman, a lifelong Freeport resident and retired Highland Community College athletic director. “It impacts the schools, the tax base, the people that live here. But there’s still a lot of great things, too.”
It is not the first time this city has reckoned with economic reinvention. Bolstered by a significant German immigrant population, Freeport’s pretzel-making prowess propelled the economy in the late 19th century and earned it the nickname “Pretzel City.” Prohibition banned the beer that paired so well with the pretzels and cratered that industry locally, but the nickname still lives on more than a century later.
Freeport’s pretzel-making prowess propelled the economy in the late 19th century.
Freeport City Hall takes care of it's 23,000 residents located in the downtown area.
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Reminders of former manufacturing might remain
Freeport isn’t actually a port city. Though on the banks of the Pecatonica River, the name is attributed to a wisecrack made by the wife of city founder Tutty Baker since he didn’t charge money to ferry travelers across the river.
The Helm Group, a construction contractor, and The Morse Group, an electrical contractor, are two of Freeport’s biggest employers today. FHN Hospital and Freeport School District No. 145 are also major employers. Of the four Honeywell plants that once operated here, only one remains fully up and running.
U.S. Route 20 runs 25 miles east to Rockford, and Illinois Route 26 leads 20 miles north to the Wisconsin state line. Chicago O’Hare International Airport is 100 miles from downtown Freeport.
Honoring Lincoln, Douglas and Wrigley Field
Abraham Lincoln and Stephen A. Douglas held the second debate of their 1858 U.S. Senate campaign in Freeport, and historians cite it as a key factor in Lincoln’s eventual victory in the 1860 presidential election. Lincoln-Douglas Debate Square, later visited by President Theodore Roosevelt in 1903, commemorates the spot of their verbal jousting.
Little Cubs Field, a Little League replica of Wrigley Field complete with bricks and ivy on the outfield wall and built with the Chicago Cubs blessing, is located at Read Park. Krape Park, highlighted by a vintage carousel and a 44-foot-tall waterfall, is the city’s most picturesque greenspace. The city has two public golf courses: Park Hills and The Freeport Club.
Read Park features a miniature replica of Wrigley Field baseball field.
Lincoln-Douglas Debate Square in Freeport is where the namesake debate took place in 1858.
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Estate homes sell for less than national median price
Freeport’s median home price of around $120,000 is significantly under the national median price of around $400,000. Move-in ready bungalows and Craftsman homes can start around $50,000. Houses within the city limits rarely exceed $350,000, including a 5,600-square-foot Mediterranean-inspired 1920s estate bordering Krape Park that sold in 2024.
Home prices are the lowest in neighborhoods on Freeport’s west side, where the Pecatonica River has flooded more than a half-dozen times since 2017, causing more than $1 million in damages.
A resident walks past a split-level home in Freeport.
Bungalows in Freeport are a common sight in the neighborhood.
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Pretzels provide Freeport pride
Freeport School District No. 145 receives a B-minus rating on Niche. Freeport High School’s nickname is the Pretzels. The football stadium is affectionately known as The Pretzel Bowl, and the team’s slogan is “You can eat us, but you can’t beat us.” Community support for the Pretzels is strong across all sports.
Highland Community College is a popular two-year option for many students in the region.
Freeport High School is a public secondary school located in Freeport, Illinois.
Highland Community College is a popular two-year option for many students in Freeport, IL.
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Historic Lindo Theatre remains a downtown gem
The Lindo Theater, named in honor of the Lincoln-Douglas debate when it opened in 1922, is downtown Freeport’s crown jewel and most recognizable landmark. With plenty of other historic buildings in the vicinity, the hope is that Freeport has the infrastructure to key a full-blown shopping and dining revival. Norman says the Greater Freeport Partnership is making progress. “They’re trying to make downtown a calling card, and they’re doing great work,” he says. “People are trying their hearts out to get things going.”
The Lindo Theater is downtown Freeport’s crown jewel and most recognizable landmark.
St. Joseph Catholic Church in Freeport is a historic building that soars above the skyline.
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Pretzel City Brewfest and other events energize downtown
Events are another key element of Freeport's downtown revival. The winter Arctic Ale and Art Walk, springtime Pretzel Fest, summertime Music on Chicago concerts and early autumn Pretzel City Brewfest are among the events adding to the atmosphere.
Burglary rate exceeds national rate
The rate for most property and violent crimes in Freeport is below the national rates. An exception is burglary, which was about 1.5 times higher than the national rate in 2023.
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Alex Hickey
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GreatSchools:
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On average, homes in Freeport, IL sell after 61 days on the market compared to the national average of 70 days. The median sale price for homes in Freeport, IL over the last 12 months is $99,900, up 54% from the median home sale price over the previous 12 months.
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