Listing provided courtesy of Engel & Voelkers ChicagoMREDas Distributed by MLSGrid- MLS# 12410438MLS Provider

731 Midwest CourtFreeport, IL 61032

Commercial · 5,307 Sq. ft.
$1,800,000 Active

731 Midwest Court Overview

Time on Site:
333 days
Visits:
15

Presenting an exceptional investment opportunity in the heart of Freeport, Illinois-an ultra-premium, fully renovated commercial property offering unmatched visibility, seamless functionality, and proven profitability. Located directly across from the high-traffic Farm & Fleet retail center, this turnkey business commands attention and consistently delivers strong cash flow, making it an ideal acquisition for discerning investors seeking long-term value and stable returns. From the moment of ownership, no expense has been spared in elevating this property to the highest standard of commercial excellence. Under professional ownership and meticulous maintenance, the site has undergone a complete transformation, seamlessly blending sophisticated infrastructure with best-in-class automation. The result is a fully modernized, revenue-generating asset designed to exceed operational efficiency and client expectations alike. Recent upgrades reflect a commitment to quality and innovation at every level. Enhancements include the installation of a brand new Soft Touch Automatic system and a state-of-the-art TouchFree Automatic, offering customers both convenience and versatility. The addition of a WashCard Credit Card System ensures seamless, cashless transactions for modern consumers. Essential mechanical components such as a new boiler and a dedicated heater for the touchless system further reinforce the durability and reliability of operations. Aesthetic and structural improvements include the installation of new roll-up doors, fresh painting throughout, striking new signage for elevated visibility, and high-efficiency LED lighting that enhances both safety and curb appeal. The property's exterior has been thoughtfully upgraded with a fully repaired and professionally resealed parking lot, as well as the installation of post-and-chain systems at the entrance and exit to guide customer flow and reinforce property boundaries. In the self-serve bays, new quarter acceptors have been added to three units, expanding payment flexibility and enhancing customer satisfaction. This is not just a property-it is a legacy-quality asset, positioned for both immediate profitability and long-term appreciation. This offering represents a rare blend of strategic location, flawless execution, and financial strength. Seize the opportunity to own one of Freeport's most prominent and impeccably maintained commercial properties-where vision, performance, and prestige converge.

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731 Midwest Court Facts & Features

  • Type Commercial
  • Sq. ft. 5,307
  • Price/Sq.ft. $339

Details

General

Income/Expenses

  • Existing Lease Type: N/A
  • Operating Expense: 36616

Business Information

  • Business Name: Kane's Car Wash
  • Business Type: Other

Location/Region

  • County Or Parish: Stephenson
  • MLS Area Major: Freeport

Rent/Lease Information

  • Tenant Pays: Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Sewer

Tax Information

  • Tax Annual Amount: $10,291.00
  • Tax Year: 2024

General Information

  • Parcel Number: 18190630100300
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 5307

General Information

  • Cooling: None
  • Electric: Service - 201 to 600 Amps
  • Stories: 1

Unit Information

  • Unit SqFt.: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 182 X 556
  • Lot Size Square Feet: 101494

731 Midwest Court Neighborhood

Community

61032 (FREEPORT) Demographics

45
Median Age
199
Population Density (per sq. mile)
29%
College Educated
$43,853
Estimated Median Income
8,593
Estimated Total Home Owners
4,894
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

731 Midwest Court Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

731 Midwest Court Market Data

Based on the last 30 days in this zip code

$219,177
Average List Price
$105
Average Price per Square Foot
43
Properties Sold
97
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

731 Midwest Court History

Date Event Value Agent
4/6/2026Source: MRED Status Change
Active
4/1/2026Source: MRED Price Reduction
$1,800,000 -5.3%
4/1/2026Source: MRED Status Change
Price Change
8/6/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Added to Database
July 31, 2025
8/16/2022Source: MRED Status Change
Closed
6/20/2022Source: MRED Added to Database
January 27, 2022
3/19/2022Source: MRED Status Change
Pending