1300 E South St, Freeport, IL 61032

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Building Details:

1300 E South St is located in Freeport, IL.

Freeport Plaza Hotel is a 90-room hotel situated on a 5.77 acre lot in downtown Freeport with easy access to Hwy 20. The hotel is not currently in operation, but has excellent facilities for banquets and business meetings. Additional features include an indoor pool & spa, restaurant facilities, banquet hall, business center, fitness center, on-site lounge, and handicap accommodations.

List price is $495,000 with an Opening Bid of $195,000 if no offer received prior to auction on 9/28/13. Call for details. “Buyer’s Fee” of 2% or $2,000, whichever is greater, will be added to high bid to determine final sale price. Nonrefundable EM of 5% of the high bid/sales price due from high Bidder on day of auction/offer. Cash closing, no contingencies. Offers are subject to seller approval. Property is being sold “as-is, “where is”. Firm: Micoley.com LLC #481.011994. Broker: Amy Wick #471.013801.

Directions: S Galena Ave to east onto E South St/Bus 20-E to property on the left.