IL > Freeport
Freeport, IL 61032,553 N Warren AVE
Freeport, IL 61032,553 N Warren AVE
Freeport, IL 61032,553 N Warren AVE
12
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$42,300
$45,000 6.0%
Est. payment /mo
2 BD
1 BA
836 SqFt
Sold on 02/24/2025

553 N Warren AVE Freeport, IL 61032

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Kate Gaffey
Kate Gaffey

+1(630) 290-6800

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Key Details

Sold Price $42,300

Property Type Single Family Home

Sub Type Detached Single

Listing Status Sold

Purchase Type For Sale

Square Footage 836 sqft

Price per Sqft $50

MLS Listing ID 12263141

Sold Date 02/24/25

Style Ranch

Bedrooms 2

Full Baths 1

Year Built 1900

Annual Tax Amount $943

Tax Year 2023

Lot Size 10,890 Sqft

Lot Dimensions 80 X 141 X 80 X 141

Property Sub-Type Detached Single

Property 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!

Location

State IL

County Stephenson

Area Freeport

Rooms

Basement Full, English

Interior

Interior Features First Floor Bedroom, First Floor Full Bath

Heating Natural Gas, Forced Air

Cooling None

Equipment Ceiling Fan(s), Water Heater-Gas

Fireplace N

Appliance Double Oven, Refrigerator, Cooktop

Exterior

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 145 , 145, 145

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Juliano • Berkshire Hathaway HomeServices Crosby Starck Real
Bought with Brian Borchardt • A-1 Agency

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agent

Kate Gaffey

+1(630) 290-6800

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553 N Warren AVE