Stephenson County property record for 428 W Exchange St, Freeport, IL 61032
| Property Type | Apartment House (2-4 Units) |
|---|---|
| Details | 10 bd · 4 ba · 5,070 sqft · built 1857 |
| Lot Size | 0.13 acres (5,663 sqft) |
| Owner | Company Name on File |
| Last Sale | $45,000 (Oct 2014) |
| Tax Bill | $2,662 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 18-14-31-154-020 |
| Primary APN | 18-14-31-154-020 |
|---|
| Bedrooms | 10 Beds |
|---|---|
| Full Baths | 4 Baths |
| Stories | 2 Stories |
| Building Area | 5,070 sqft Total Area |
| Year Built | Built 1857 |
|---|---|
| Effective Year Built | Effective 1857 |
| Exterior Material | Brick |
| Construction Type | Brick |
| Lot Area | 5,663 sqft (0.13 acres) |
| Garage Type | Attached |
| Garage Area | 400 sqft |
| Parking Spaces | 2 Parking Spaces |
| Street Address | 428 W EXCHANGE ST |
|---|---|
| City | FREEPORT |
| State | IL |
| Zip | 61032-4031 |
| Property Category | Commercial |
| Property Type | Residential > Multi-Unit > Apartment House (2-4 Units) |
| Legal Description | PT LOT 1 BLK 67 ORIG TOWN FREEPORT & PT LOT 16 SUB OF PT SECS 30,31 & 32 |
| Legal Subdivision | BLK 67 ORIG TOWN FREEPORT & PT |
| Legal Block | 67 |
| Legal Lot Number | 1,16 |
| Jurisdiction | STEPHENSON IL |
| Township / Civil Division | FREEPORT |
| Census Block Group | 1 |
| Census Block | 1004 |
| Census Tract | 1200 |
428 W Exchange St, a residential property, is owned by a company that bought it in October 2014.
Source: Stephenson County records, as of July 6, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 1 MID AMERICA PLZ, OAKBROOK TERRACE, IL 60181-4450 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 1, 2014 · Amount on File |
| Deed Sale | Oct 1, 2014 · Amount on File |
| Deed Document Number | 20142302 |
| Record Updated | Sep 20, 2026 |
The 2025 property tax bill for 428 W Exchange St was $2,662, up 4% from the year before.
Source: Stephenson County assessment roll, as of July 6, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Stephenson County |
| County Subdivision | Freeport Township |
| Municipality | Freeport City |
| Unified School District | Freeport School District 145 (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $2,662.00 (+3.98%) | $22,867 (-) Land $1,208 Building $21,659 | $68,601 (-) Land $3,624 Building $64,977 |
| 2024 | $2,560.00 | $22,867 Land $1,208 Building $21,659 | $68,601 Land $3,624 Building $64,977 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 428 W Exchange St in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective March 16, 2015
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
The area around 428 W Exchange St has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | FREEPORT private · serves 23,930 people · EPA ID IL1770200 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Oct 2025 |
| Lead | 4 ppb (2026–2028) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.
Source: FCC Broadband Data Collection, based on 634 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Surf Internet Fiber | 8,000 / 8,000 |
| Xfinity Cable | 2,000 / 250 |
| Verizon Fixed Wireless | 300 / 20 |
| JCWIFI.com Fixed Wireless | 200 / 200 |
May also be available: AaroBand.
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