7
See all 7 photos
$61,000
Est. payment /mo
3 BD
2 BA
New
512 N Warren AVE Freeport, IL 61032
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UPDATED:
01/07/2025 08:06 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12263982
Bedrooms 3
Year Built 1897
Annual Tax Amount $1,470
Tax Year 2023
Lot Dimensions .21
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
Heating Steam
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 145 , 145, 145
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Juliano • Berkshire Hathaway HomeServices Crosby Starck Real