731 Midwest Court,Freeport, IL 61032
Freeport, IL 61032
Description
An exceptional opportunity to acquire a substantially repositioned, income-producing commercial asset in a highly visible Freeport location. Strategically situated directly across from the high-traffic Farm & Fleet retail center, this established operation combines prominent exposure, significant recent capital investment, modernized infrastructure, and turnkey functionality; creating a compelling acquisition opportunity for investors and owner-operators alike. Under current ownership, the property has undergone an extensive capital improvement program designed to elevate operational performance, customer experience, asset longevity, and overall marketability. The result is a professionally maintained commercial property that has already absorbed many of the major expenditures commonly associated with acquiring and repositioning an established operating asset. Recent improvements include a brand-new Soft Touch Automatic system and state-of-the-art TouchFree Automatic, providing multiple automated service platforms and enhanced revenue-generating capability. A WashCard Credit Card System has been incorporated to accommodate contemporary cashless transactions and improve customer convenience. Critical mechanical infrastructure has also been upgraded, including a new boiler and dedicated heater servicing the touchless system. Additional capital improvements include new roll-up doors, updated interior and exterior paint, high-efficiency LED lighting, enhanced exterior signage, and numerous property-level improvements intended to support operational reliability and presentation. Ownership has further invested in the exterior site through comprehensive parking-lot repairs and professional resealing, along with the installation of post-and-chain systems at the entrance and exit to better define traffic circulation and property access. Three self-service bays have additionally been upgraded with new quarter acceptors, expanding functionality across the operation. This property represents substantially more than the acquisition of real estate. It is an opportunity to acquire an established commercial operation supported by a strategically positioned physical asset, extensive recent capital expenditures, upgraded systems, and infrastructure designed for continued performance. For investors evaluating replacement-cost exposure, deferred-maintenance risk, and immediate capital requirements, the property presents a particularly compelling proposition: much of the heavy lifting has already been completed. With its prominent commercial location, established operating history, modernized equipment package, significant recent investment, and turnkey positioning, this asset offers the characteristics sophisticated investors seek durable real estate, operational infrastructure, multiple revenue-generating components, and the opportunity for continued long-term value creation. A rare opportunity to acquire one of Freeport's most comprehensively improved commercial properties and an established business operation positioned for its next chapter of ownership.
Details
| MLS # | 12734303 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 24 |
| Listing Provided By | @properties Christie's International Real Estate | M Aurelio Mancini |
Features
| SQ Feet | 5,307 |
|---|---|
| Story(s) | 1 |
| Zoning | COMMR |
| Acreage | 2.33 |
Interior
| Cooling | None |
|---|
Exterior
| Construction Materials | Brick, Block |
|---|
Utilities
| Electric | Service - 201 to 600 Amps |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 9379 |
Area Information
| State | IL |
|---|---|
| County | Stephenson |
| City | Freeport |
| Zip Code | 61032 |
| Area | Freeport |
| Listing VS Median (in 61032) | |
Price: $1,750,000 low | high Med: $182,500 sqft: 5,307 low | high Med: 2,165 $ / sqft: $330 low | high Med: $96 On site: 24 low | high Med: 85 | |
Market Activity 61032
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Learn More About This Property
| State | IL |
|---|---|
| County | Stephenson |
| City | Freeport |
| Zip Code | 61032 |
| Area | Freeport |
| Listing VS Median (in 61032) | |
Price: $1,750,000 low | high Med: $182,500 sqft: 5,307 low | high Med: 2,165 $ / sqft: $330 low | high Med: $96 On site: 24 low | high Med: 85 | |
 | $1,750,000731 Midwest CourtFreeport, IL 61032 |