NOT LISTED FOR SALE

105 W Main St Freeport, IL 61032

-- Bed
-- Bath
6,000 Sq Ft
4,792 Sq Ft Lot

Last Sold May 24, 2023

Last sale price $310,000 $52 Per Sq Ft

53 Days on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Balcony
  • Patio

About This Home

As of May 2023

HISTORIC BUILDING WITH ENDLESS OPPORTUNITIES! Dating back to 1892 & once home to Freeport Hardware, this property offers 2 floors of finished commercial space plus an apartment & 3rd floor waiting to be finished. In 2000 this property underwent a major renovation: new aluminum storefront, windows, HVAC, electrical, plumbing, lighting & restoration of many original features including woodwork. The first floor currently serves as a retail space & yoga studio with several private massage/practitioner rooms. The second floor is home to a longstanding architecture firm with office space, conference room, kitchenette area & 2 bathrooms. There is additional income from the lovely & modern 900 sq ft apartment, remodeled in 2003, with separate entrance, utilities & terrace with downtown views. The 3rd floor is currently a blank canvas waiting for your income generating ideas.

Last Agent to Sell the Property

Rebecca Hazzard

Re/Max of Rock Valley License #471019445 Listed on: 02/24/2023

Re/Max of Rock Valley

Last Buyer's Agent

Kimberly Taylor

NextHome First Class License #471013351

NextHome First Class

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1892

Lot Details

  • 4,792

Parking

  • 1 Car Parking Space

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • 3-Story Property
  • Basement

Kitchen

  • Stove
  • Range

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Freeport Elementary School
  • Freeport Jr High Middle School
  • Freeport High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 3 Units
  • 4-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 3000
  • Front: 40
  • General Features: Balcony, Deck, Patio
  • Grid: Freeport
  • Legal Description: Per Title.
  • Lvt Date: 02/24/2023
  • Rear: 40
  • Side 1: 120
  • Side 2: 120
  • Style: 3+ Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 4
  • Number Of Tenants In Bldg: 3
  • Number Of Units In Bldg: 3
  • Agent Only_ L A1 User Code: 10340
  • Elementary School: Freeport
  • Estimated Total Finished Sq Ft: 6000
  • Hold Earnest Money Y N: No
  • Pertinent Facts: HISTORIC BUILDING WITH ENDLESS OPPORTUNITIES! Dating back to 1892 & once home to Freeport Hardware, this property offers 2 floors of finished commercial space plus an apartment & 3rd floor waiting to be finished. In 2000 this property underwent a major renovation: new aluminum storefront, windows, HVAC, electrical, plumbing, lighting & restoration of many original features including woodwork. The first floor currently serves as a retail space & yoga studio with several private massage/practitioner rooms. The second floor is home to a longstanding architecture firm with office space, conference room, kitchenette area & 2 bathrooms. There is additional income from the lovely & modern 900 sq ft apartment, remodeled in 2003, with separate entrance, utilities & terrace with downtown views. The 3rd floor is currently a blank canvas waiting for your income generating ideas.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 6000
  • L O1 Brokerage Number: 478026891
  • S O1 Brokerage Number: 478026952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 51.67
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Concrete
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Freeport 145
  • Elementary School: Freeport
  • Middle School: Freeport Jr High
  • High School: Freeport High

Building Info

  • Year Built: 1892

Tax Info

  • Year: 2020
  • Taxes: 4800

MLS Schools

  • HighSchool: Freeport High
  • School District: Freeport 145
  • Middle School: Freeport Jr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
May 25, 2023
Sold by
Fye Christopher
Bought by
Harmon Brandon
Seller's Agent
Rebecca Hazzard
Re/Max of Rock Valley
Buyer's Agent
Kimberly Taylor
NextHome First Class
List Price
$349,000
Sold Price
$310,000
Premium/Discount to List
-$39,000
-11.17%
Views
78
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harmon Brandon $310,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $310,000 0.0% $52 / Sq Ft
05/24/2023 05/24/23 Sold $310,000 -11.2% $22 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/10/2023 04/10/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $349,000 0.0% $24 / Sq Ft
02/24/2023 02/24/23 For Sale $349,000 +12.6% $58 / Sq Ft
02/21/2023 02/21/23 Off Market $310,000 -- --
11/01/2022 11/01/22 Price Changed $349,000 0.0% $24 / Sq Ft
11/01/2022 11/01/22 For Sale $349,000 +12.6% $24 / Sq Ft
10/26/2022 10/26/22 Off Market $310,000 -- --
03/14/2022 03/14/22 For Sale $399,000 -- $28 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,862 $40,393 $4,785 $35,608
2023 $4,842 $38,078 $4,511 $33,567
2022 $4,726 $38,078 $4,511 $33,567
2021 $4,829 $36,890 $4,370 $32,520
2020 $4,800 $36,890 $4,370 $32,520
2019 $4,863 $36,888 $4,371 $32,517
2018 $4,748 $35,941 $4,371 $31,570
2017 $4,749 $35,941 $4,371 $31,570
2016 $4,694 $35,941 $4,371 $31,570
2015 $4,628 $35,941 $4,371 $31,570
2013 $4,533 $37,906 $4,610 $33,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202300783

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-254-003