731 Midwest CT Freeport, IL 61032

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 5,307 sqft

Price per Sqft $329

MLS Listing ID 12734303

Year Built 1982

Annual Tax Amount $9,379

Tax Year 2025

Lot Size 2.330 Acres

Lot Dimensions 182 X 556

Property Sub-Type Retail/Stores

Property 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.

Location

State IL

County Stephenson

Area Freeport

Zoning COMMR

Interior

Cooling None

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Brick,Block

Listed by M Aurelio Mancini of @properties Christie's International Real Estate

Nearby School & Business

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106