404-406 Prospect Terrace, Freeport, Illinois 61032
$200,000
|
For Sale
|
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1897 |
| Property Taxes: | $1,501 |
| Days On Market: | 23 |
| Lot Size: | 0,25 |
Description
Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Two-story duplex featuring 2 bedrooms and 1 bathroom in each unit. The main floor unit offers a spacious living room and separate dining room with hardwood flooring, plus a kitchen with new vinyl plank flooring and main floor laundry hookups. The upper unit features a light-filled living room, separate dining room, and kitchen with new vinyl plank flooring. Property also includes separate basement access, separate utilities, and updated 100-amp service. Great opportunity for an owner-occupant or investor. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $200,000 purchase price with payments as low as $1,395/month. Security deposit may be applied toward the down payment, and the first month's rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity.
Property Specifics
| Multi-unit | |
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| — | |
| 1897 | |
| — | |
| — | |
| No | |
| 0.25 |
| Stephenson | |
| — | |
| — / — | |
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| — | |
| 12590298 | |
| 18143147803300 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 11 Mar, 2026 | Listed for sale | $200,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 80X134 | |
| — | |
| — | |
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| Not in DB | |
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| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $1,501 |
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Listing Provided By
Keller Williams Realty Signature
