ClosedPrice Reduced

$625,000

$750,000
395 Cedarville Road, Freeport, IL 61032
4 Beds5 Baths2,400 sqft386 days
395 Cedarville Road·Freeport, IL 61032
4Bedrooms
5Bathrooms
2,400Sq Ft
2008Year Built
About This Home

Want to get out of the City and Relax, live at your own pace? Looking to be your own boss? Ready for a retreat and want to make it your dream come true? This 22 acre property includes a home, a one story business with two decks, an outdoor event center, 5 other outbuildings, a covered bridge and an additional bridge crossing the creek that runs through the property. The west bridge is a covered bridge built with 1840's repurposed barn wood and metal roof. Located on a paved road 1/2 mile E of IL Hwy 26, 4 miles N of IL Hwy 20 and 4 miles W of IL Hwy 75. Opportunity ideas include B&B, cafe, retreat and destination venue. The 2 story home could be a B&B and the owner could convert the 2400 sqft one story plus full walk out LL could be into a home or home and business, more options than we can list here. There are currently no other outdoor wedding facilities in Stephenson County. The 60'x40' one story was built in 2008 all ADA compliant. The main floor includes a vestibule, a 20x40 room w retail shop, Hickory and Cherry custom bar, Hickory solid hardwood floor, a commercial licensed kitchen, 2 handicapped accessible restrooms and an events room with Hickory and Red Elm solid hardwood floor and seating for up to 40. Plus a mop closet and 2 storage closets. The walk out lower level houses a 20x60 open area, a 10x10 office w sink, mechanical room and 2-20x20 temperature controlled enclosed rooms and a half bath. 20x20 attic area also serves as storage. This building had new steel siding added in December 2017. Attached is a 36x40 composite deck with a shade covering and seating for 55. Near the deck is a 14x30 cedar pergola. On the west side is a deck w wood arbor and seating for 28. The grounds include an upper unpaved parking area for 18 cars and a lower area for up to 100 cars. The business has its own separate septic system and well with 2 phase electric with propane. Plus many green features including Passive solar triple pane windows, NuAir Heat Exchanger, SIP building with R-value of 34 for walls and 41 for ceiling. In 2017, an existing farm building, known as The Crib, was remodeled for bar service, seating and includes a stage for performances and ceremonies. A 2,088 sqft shelter was added for seating at tables for up to 100. Ceremony theatre style seating for up to 150. Private events have been held here including rehearsal dinners, bridal and baby showers, birthday and anniversary parties, weddings, memorial services, reunions and corporate meetings. Public events include festivals, cookouts, painting classes, yoga, holiday opens and participation in regional tours. An average of 51 events each year. Customers consistently ask for 1.More food options and 2.More events. Snacks are available and a Sweet & Savory Plate, consisting of local cheeses, meats, crackers, fruits and homemade fudge, is available every day. Lunches and dinners are available by reservation for private events, tour groups or rental groups. Brick 2 story home is 30x40 each floor w new roof 2007, tuckpointing in 2011 plus attic and walk out basement. Home offers deck and covered area to relax and enjoy, mud room porch entry into kitchen with eating area and pantry, formal dining room, large living room is 1/3 of the MF w woodstove, office/bdr w full bath and laundry. Upstairs 4 spacious bedrooms and a 2nd full bath. Both floors have 10' ceilings, unique arched double door, open staircase, original woodwork and floor to ceiling windows throughout. Additional buildings include; Metal Storage/Garage 40x30 w concrete floor, electricity, new roof 2015. Crib 24x34 w wood floor on concrete base, electricity. Shelter attached to Crib 57x35 w concrete floor, metal roof, electricity. Garden Shed 12x12 w concrete floor. Machine Shed 70x36 w dirt floor, electricity. Lower Shed 52x26 is insulated, has concrete floor, electricity. West Shed 40x48 w concrete floor, electricity.

MLS# 10652993Listed March 2, 2020Residential
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms5
Full Baths2
Half Baths3
Total Rooms10

Size & Structure

Living Area2,400 sqft
Garage Spaces4
Fireplaces1
Year Built2008
Lot Size22.000 acres

Location

CountyStephenson
TownshipLancaster
Zip Code61032

Financial

List Price$625,000
Original Price$750,000
Price / Sq Ft$260
Annual Taxes (2019)$13,964
Monthly Tax Est.$1,164
Parcel #07140620000200
Interior Features

Appliances

RangeDishwasherRefrigerator

Flooring

Hardwood

Heating

Natural GasPropaneSep Heating Systems - 2+Geothermal

Cooling

Central AirGeothermal

Basement

UnfinishedFullWalk-Out Access

Laundry

Main Level

Fireplace

Wood Burning Stove

Accessibility

Two or More Access ExitsDoor Width 32 Inches or MoreMain Level Entry
Exterior & Lot

Construction

Steel SidingBrick

Roof

AsphaltMetal

Exterior Features

Balcony

Patio & Porch

DeckPorch
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Electric

Circuit Breakers

Parking

GravelCircular DrivewayOn SiteGarage OwnedDetachedOff StreetGuestDrivewayOwnedGarage
Schools
High School
Freeport High School
District: 145
Tax & Financial
Annual Taxes
$13,964
Tax Year 2019
Monthly Tax Est.
$1,164
per month
Price per Sq Ft
$260
per square foot
Price Reduced by $125,000
Original list price: $750,000
Property Location

395 Cedarville Road, Freeport, IL 61032Stephenson County

$625,000
$260 / sqft
395 Cedarville Road
4 bd5 ba2,400 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
386 days on market
4-car garage
1 fireplace
22.000 acres
$13,964/yr taxes
Price reduced $125,000
$4,448
estimated monthly payment
Principal & Interest
$3,285/mo
Property Tax
$1,164/mo
$625,000
20% — $125,000
3%50%
6.875%
3%12%
Loan Amount
$500,000
Down Payment
$125,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Re/Max Property Source
Agent: Aubra Palermo
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