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395 W Cedarville Road

FREEPORT, IL 61032
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$650,000 $2,740/Mo
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Bed 4

Bed

Bath 2

Bath

SqFt2,400

Sqft

Acres22

Acres(Lot)

Check out this one of a kind property and escape the city and become your own boss with this unparalleled 22-acre income-generating property, perfectly suited for use as a B&B, cafe, retreat, or premier destination wedding venue. This unique offering combines a historic brick home, a modern ADA-compliant commercial building, and an established outdoor event center. The Commercial Building is a 60'x40' facility built in 2008, featuring a commercial licensed kitchen, a retail area with a custom bar, an events room, and a walk-out lower level with temperature-controlled rooms. This building boasts green features including Passive Solar, a NuAir Heat Exchanger, and high R-value SIP construction. Fiber internet has also been recently installed. The Outdoor Event Center includes the remodeled "C rib" with bar service and a stage, attached to a 2,088 sqft shelter, and has a proven track record, averaging 51 events annually. The business includes dedicated parking for up to 100 cars and separate infrastructure including its own well and septic system. The Residential Component is a two-story brick home (approx. 2,400 sqft, built 1860) with 4 bedrooms and 2 baths, featuring 10-foot ceilings, original woodwork, and floor-to-ceiling windows, offering high potential for a B&B conversion. The picturesque 22-acre grounds include a creek, crossed by two bridges, notably a stunning covered bridge built with 1840's repurposed barn wood, and is located on a paved road with easy access to IL Hwys 26, 20, and 75.

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Detail Ic Property Details

Property Type : Residential

Price : $650,000

AD Id : 77750754

MLS Id : 202507288

Beds : 4

Lot Size : 22 Acres

Living Area Size : 2,400

Year Built : 2008

Garage : 4

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Full

  • Roofing Information

    Metal, Shingle

  • Interior Features

    Roof: Metal, Shingle Appliances: Gas Cooktop, Dishwasher, Refrigerator, Oven, Water Softener, Gas Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Geothermal, Propane Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2008 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 22

  • Listing Price Information

    Listing Price: $650000 Original Price: $680000

  • Tax Information

    Parcel Number: 1406200002 Tax Year: 2025 Annual Tax: $18214 Tax Legal Desc: Per Title

  • Parking Information

    Detached

    Garage Information

    Has Garage: Yes Garage Space: 4

  • School Information

    Elementary School: Freeport
    Junior High School: Freeport Jr High
    Senior High School: Freeport High

  • Location Information

    WaterSource: Well, Private
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6844 Us Highway 20 Road, Freeport, IL, 61032 $349,900 3 2 1,584 1,584 SqFt
317 N Grove Avenue, Freeport, IL, 61032 $99,000 4 2 1,408 1,408 SqFt
240 Park Crest Drive, Freeport, IL, 61032 $244,900 3 2 1,836 1,836 SqFt
916 W Stephenson Street, Freeport, IL, 61032 $200,000 4 4 2,914 2,914 SqFt
913 S 15th Avenue, Freeport, IL, 61032 $80,000 2 1 864 864 SqFt
1315 S Rotzler Avenue, Freeport, IL, 61032 $60,000 4 2 1,994 1,994 SqFt
3444 Daren Drive #3444, Freeport, IL, 61032 $170,000 2 2 1,306 1,306 SqFt
922 E Shawnee Street, Freeport, IL, 61032 $79,900 3 1 1,562 1,562 SqFt
1216 S Rotzler Avenue, Freeport, IL, 61032 $39,000 4 1 1,344 1,344 SqFt
527 Timber Hills Drive, Freeport, IL, 61032 $225,000 3 2 2,300 2,300 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the NorthWest Illinois Alliance of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 NorthWest Illinois Alliance of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/16/2026 @ 00:11

MLS: 202507288 LISTED BY: David Larson, Keller Williams Realty Signature 815-315-1111 SOURCE: NorthWest Illinois Alliance of REALTORS

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