549 Warren Avenue, Freeport, Illinois 61032


$49,200

Sold
Status: Closed
Sqft: 930
Cost/Sqft: $56
Beds: 2
Baths: 1
Year Built: 1948
Property Taxes: $1,461
Days On Market: 557
Lot Size: 0,13
Map
Street View

Description

**Exceptional Investment Opportunity: Fully Leased 11-Property Portfolio!** Don't miss your chance to own this remarkable investment portfolio comprising a well-maintained duplex, nine single-family homes, and an additional lot zoned for a duplex, creating the potential for 14 total units. All properties are conveniently located within three blocks of each other for streamlined management. With an average price of just 46,000 USD per unit, this is a rare opportunity to capture a slice of the booming Rockford-Freeport area housing market recognized by Forbes and the Wall Street Journal as one of the nation's top markets, due to their high demand for affordable housing. The Pro Forma rental estimates are based on current market conditions and verified through Zillow for each property, ensuring you have the data needed to make an informed investment decision. A rental property Pro Forma and Rent Roll are available upon request. Take this investment opportunity before it's gone!

Property Specifics

Single Family
1948
No
0.13
Stephenson
0 / Not Applicable
12263064
18132538300400

Property History

DATE: EVENT: PRICE: SOURCE:
24 Feb, 2025 Sold $49,200 MRED MLS
8 Jan, 2025 Under contract $52,000 MRED MLS
6 Jan, 2025 Listed for sale $52,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 1
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

40 X 141 X 40 X 141
Not in DB

Tax History

Year Property Taxes
2025 $1,461

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Listing Provided By

Berkshire Hathaway HomeServices Crosby Starck Real