photo of
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
220 Galena Avenue
Freeport, IL 61032
$30,000.00 listing calculator

Listing Description


Prime downtown commercial lot offering excellent visibility and development potential. Located in an area where over 1,000 employees work downtown and benefiting from approximately 8,000 vehicles per day in traffic exposure, this 120' x 120' site presents a strong opportunity for investors or owner-users. The property is zoned B-2-1 commercial and located within a federally designated Opportunity Zone, providing potential tax advantages for redevelopment or long-term investment. Site features include a two-sided illuminated sign, city utilities available, concrete sidewalks, and alley access, supporting a variety of commercial uses including retail, office, service business, restaurant, or mixed-use development. With strong visibility, downtown workforce proximity, and flexible commercial zoning, this site offers a compelling opportunity for businesses or developers seeking exposure and accessibility in a growing commercial corridor.