Listing provided courtesy of Keller Williams Realty SignatureNorthWest Illinois Alliance MLS- MLS# 202507288MLS Provider

395 W Cedarville RoadFREEPORT, IL 61032

Single Family · 4 Beds · 2 Full Baths · 2,400 Sq. ft. | 22.00 Acres
$650,000 ACTIVE and AVAILABLE

395 W Cedarville Road Overview

Time on Site:
198 days
Visits:
3

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 Crib 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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395 W Cedarville Road Facts & Features

  • Type Single Family
  • Sq. ft. 2,400
  • Price/Sq.ft. $271
  • Lot 22.00 Acres

Details

General

Association/HOA

  • Association Fee: 0

School Information

  • Elementary School: Freeport
  • Middle Or Junior School: Freeport Jr High
  • High School: Freeport High

Building Information

  • Year Built: 2008

Location/Region

  • County Or Parish: Stephenson County

Tax Information

  • Tax Annual Amount: 18214
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1406200002
  • Property Sub Type: House
  • Property Type: HOUSE

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 2400
  • Below Grade Finished Area: 0

General Information

  • Appliances: Dishwasher,Refrigerator,Stove/Cooktop,Wall Oven,Water Softener
  • Cooling: Central Air,Geothermal
  • Electric: Circuit Breaker
  • Fireplace Features: Wood
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Heating: Geothermal,Propane
  • Interior Features: Attic Storage
  • Living Area: 2400

Exterior

Lot Information

  • Lot Features: Agriculture
  • Lot Size Acres: 22
  • Water Source: Well

Building Exterior/Construction

  • Architectural Style: 2 Story
  • Construction Materials: Brick/Stone,Siding
  • Roof: Shingle,Metal

General Information

  • Exterior Features: Full Exposure,Garden Shed,Horses Allowed,Out Building(s)
  • Road Frontage Type: County/City Road
  • Sewer: Septic

395 W Cedarville Road 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.

395 W Cedarville Road Monthly Cost

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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.

395 W Cedarville Road 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

395 W Cedarville Road History

Date Event Value Agent
6/11/2026Source: NorthWest Illinois Alliance MLS Price Reduction
$650,000 -4.4%
6/8/2026Source: NorthWest Illinois Alliance MLS Status Change
ACTIVE and AVAILABLE
4/29/2026Source: NorthWest Illinois Alliance MLS Status Change
PENDING
12/14/2025Source: NorthWest Illinois Alliance MLS Added to Database
December 14, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022