559 Warren Avenue, Freeport, Illinois 61032


$44,300

Sold
Status: Closed
Sqft: 540
Cost/Sqft: $87
Beds: 1
Baths: 1
Year Built: 1966
Property Taxes: $1,328
Days On Market: 644
Lot Size: 0,26
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
—
—
1966
—
—
No
0.26
Stephenson
—
0 / Not Applicable
—
—
—
12263863
18132538300200

Property History

DATE: EVENT: PRICE: SOURCE:
24 Feb, 2025 Sold $44,300 MRED MLS
8 Jan, 2025 Under contract $47,000 MRED MLS
6 Jan, 2025 Listed for sale $47,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 1
Bedrooms Above Ground: 1
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
First 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

1
—
—
—
—
80 X 141 X 80 X 141
—
—
—
—
Not in DB
—
—
—
—

Tax History

Year Property Taxes
2025 $1,328

Nearby Similar Homes

732 Warren Avenue, Freeport, Illinois 61032
For Sale
$59,900
2 beds / 1.0 baths / 920 ft2
Single Family / Built: 1928
68

731 Waddell Avenue, Freeport, Illinois 61032
For Sale
$135,000
2 beds / 1.0 baths / 1,304 ft2
Single Family / Built: 1959
7

2057 Il Rte, Freeport, Illinois 61032
For Sale
$200,000
3 beds / 2.0 baths / 2,000 ft2
Single Family / Built: 1968
119

1227 Stephenson Street, Freeport, Illinois 61032
For Sale
$200,000
5 beds / 2.0 baths / 3,028 ft2
Single Family / Built: 1897
32

Nearby Sold Comparables

549 Warren Avenue, Freeport, Illinois 61032
Sold
$52,000
2 beds / 1.0 baths / 930 ft2
Single Family / Built: 1948
644

553 Warren Avenue, Freeport, Illinois 61032
Sold
$45,000
2 beds / 1.0 baths / 836 ft2
Single Family / Built: 1900
644

560 Turner Avenue, Freeport, Illinois 61032
Sold
$72,000
2 beds / 2.1 baths / 1,244 ft2
Single Family / Built: 1907
644

523 Warren Avenue, Freeport, Illinois 61032
Sold
$45,000
1 beds / 1.0 baths / 614 ft2
Single Family / Built: 1932
644

518 Warren Avenue, Freeport, Illinois 61032
Sold
$64,000
3 beds / 1.0 baths / 1,318 ft2
Single Family / Built: 1951
647

1220 Galena Avenue, Freeport, Illinois 61032
Sold
$32,900
3 beds / 1.0 baths / 1,344 ft2
Single Family / Built: 1907
2037


Contact Agent

Listing Provided By

Berkshire Hathaway HomeServices Crosby Starck Real