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photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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18 STEPHENSON Street
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Stephenson, US
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Status: Active (For Sale)
Type: Commercial
Year Built: 1877
MLS ID: 10681715


Overview
Photos (18)
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The F.A. Read Center is a Freeport landmark (open for business since 1877), located in the heart of our growing downtown, but within an easy drive for all Freeport residents. There's a steady stream of foot traffic, and three food service businesses within half a block, concentrating that traffic even further. Your customers will have easy access to downtown banks and ATM's as well. Our mall has entrances on both sides of the block (Stephenson and Exchange) and our layout encourages visitors to pass through to other tenants, meaning all their traffic can be yours as well. So, on the first floor, we have 3 vacancies in the Affair with Hair salon (suite6) (belongs to me, has 4 booths, one booth rented already at $297/month). And suite 8 is vacant. Storefront with 2 additional office rooms and its own bathroom and toilet. The other suites: 1, 2, 3, 2B, 4, 5, 7, 9 and 10 are rented. On the second floor, 202, 203, 204, 205, 206 are vacant. 201 is rented to 2 people with alternating schedules and they teach self defense. Third floor is rented to S&R dance studio. However the other tenants who used to be in 202, inconspicuously moved to a room on the third floor, inside S&R and haven't been paying rent. Freeport, Illinois - Open for business since way back in 1877, the F.A. Read Center is a Freeport landmark located in the heart of a growing downtown. This 6,500 commercial property has entrances on both sides of the block (Stephenson and Exchange) and a steady stream of foot traffic flowing to the numerous long standing existing businesses located inside. The F.A. Read Center is the current location of S&R Dance Studio, Freeport Health Club (the oldest running gym in Freeport) along with Progressive Fighting Concepts, two hair salons, a massage therapist and numerous other retail stores. The current F.A. Read management team has been helping businesses succeed at this location for over 30 years.

Courtesy Of: iRealty Flat Fee Brokerage


General Features


List Date:
04/02/2020

Interior Features


Agent Owned/Interest:
No

Exterior Features and Amenities


Area:
Freeport

Financial


Cooperative Compensation:
2.5% LESS $399
List Date Received:
2020-04-02T12:33:57
Listing Type:
Exclusive Right To Sell
Listing Market Time:
171
Market Time:
171
Net Oper Income:
$10,000.00
Possession:
Closing
Status Date:
2020-04-08T05:05:30
Taxes:
4972.04
Update Date:
2020-06-09T10:08:17

Other Features


Zoning Type:
COMMR
Approx Year Built:
1877
Are any property photos virtually staged?:
No


Directions


RT 20 TO RT 75 - RT 75 TURNS INTO STEPHENSON STREET.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2024-09-22
.

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