30 Photos

$550,000

11 State Street

Wallaces Add, Freeburg, Illinois, 62243

MLS® 26057884 · Listed by RE/MAX Preferred

0 bedroomsCommercial Sale0 days on marketBuilt 1960Lot 30056.40$7,334 taxes (2025)

About this property

Prime commercial opportunity in the heart of Freeburg! Located at 11 S State Street, this property sits on approximately 0.69 acres across two parcels and features a 2,800 sq. ft. building, a large paved lot, and excellent visibility along State Street. Currently used as a car dealership, the property offers a flexible layout with a spacious showroom/reception area, office space, restroom, and an attached garage/service area with two overhead doors. The expansive paved lot provides plenty of room for vehicle inventory, customer parking, equipment, or a variety of other business needs. Call for more info! Whether you're looking for an automotive sales or service location, retail space, showroom, office, or another commercial use, this property offers the space, visibility, and versatility to make it your own. A great opportunity to establish or expand your business in a well-known Freeburg location!

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MLS® data for this listing last updated Sep 8, 2026.

Market snapshot

The Wallaces Add, Freeburg market

Closed sales in Wallaces Add, Freeburg over the last 12 months.

$234,250

Median sold price

109

Avg. days on market

4

Homes sold

Median sold price by month

Median sold price trend from Oct 2025 ($228,500) to Mar 2026 ($204,000)Oct 2025Mar 2026