553 Warren Avenue, Freeport, Illinois 61032
$42,300
|
Sold
|
|
| Status: | Closed |
| Sqft: | 836 |
| Cost/Sqft: | $54 |
| Beds: | 2 |
| Baths: | 1 |
| Year Built: | 1900 |
| Property Taxes: | $943 |
| Days On Market: | 508 |
| Lot Size: | 0,25 |
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 | |
| — | |
| — | |
| 1900 | |
| — | |
| — | |
| No | |
| 0.25 |
| Stephenson | |
| — | |
| 0 / Not Applicable | |
| — | |
| — | |
| — | |
| 12263141 | |
| 18132538302000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 24 Feb, 2025 | Sold | $42,300 | MRED MLS |
| 8 Jan, 2025 | Under contract | $45,000 | MRED MLS |
| 6 Jan, 2025 | Listed for sale | $45,000 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
| — | |
| — | |
| Dirt,Gravel | |
| — | |
| — | |
| 80 X 141 X 80 X 141 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $943 |
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Listing Provided By
Berkshire Hathaway HomeServices Crosby Starck Real
