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Retail/Stores · Freeport, IL
$1,750,000
beds · baths
731 Midwest Court, Freeport, IL, 61032
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

2.33-acre lot
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.
— the listing agent’s description

The home

Built in 1982
2.33-acre lot
Retail/Stores

What it’ll cost

$9,379 taxes / yr
No HOA
New today

Estimated monthly payment

$10,597/mo
Principal & interest$9,305
Property taxes$782
Homeowners insurance$510
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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New today
Price history
Listed for sale
Aug 16, 2026
$1,750,000
Earlier records
Listed
Aug 7, 2026
$1,750,000
Listed
Jul 31, 2025
$1,800,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$9,379/yr
From county records — verify with the assessor.

Features

NoneBrickBlock
Neighborhood
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MLS listing dataMRED
Listed by M Aurelio Mancini · @properties Christie's International Real Estate
Listing last updated Aug 16, 2026 · data refreshed from the MLS Aug 16, 2026, 10:56 AM CT
Based on information submitted to the MLS GRID as of Aug 16, 2026, 10:56 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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