For Sale â?? Mixed-Use Investment / Owner-User Opportunity Freeport, IL Well-located three-story brick commercial building offering a compelling blend of stable income and owner-user potential. Situated in a visible corridor of Freeport, this classic structure features four residential apartments and a street-level commercial space, making it ideal for investors or business owners seeking to occupy while collecting rental income. The residential component consists of four apartments, with three units currently leased, providing immediate, reliable cash flow. Units are well-configured and appeal to the areaâ??s steady demand for affordable housing, a common driver of consistent occupancy in the Freeport market . The main-floor commercial space is currently vacant, presenting a prime opportunity for an owner-user or value-add investor. With strong street presence, large storefront windows, and flexible layout, the space is well-suited for a variety of uses including retail, office, service business, or studio. Visibility and accessibility make it an attractive location for a business looking to establish or expand locally. Constructed of solid brick, the building offers classic architectural character along with long-term durability. Separate utilities (typical in similar properties in the area) and straightforward management contribute to operational efficiency . Highlights: 3-story brick mixed-use building 4 residential units (3 occupied / 1 potential upside) Vacant commercial space ideal for owner-user Income-producing with additional lease-up potential Strong visibility and central location Opportunity to offset occupancy costs with rental income This is a rare chance to acquire a partially stabilized asset with both immediate cash flow and upside through commercial occupancy or rent growthâ??perfect for an investor or business owner looking to control their space while building equity.
Courtesy: RE/MAX Professional Advantage
815-234-4663
Behold, a dazzling duplex delight! Unit 1 boasts 3 bedrooms, a full bath, a living room, and a dining room, plus a snazzy back deck. Freshly painted and remodeled, it's practically begging for a housewarming party! Unit 1 is occupied! Unit 2 charms with 2 bedrooms, a cozy living room, a dining room, and its own back deck, currently occupied by an awesome tenant. Full basement that is separted to have both units utilize for a washer and dryer and storage space. Nestled near the hospital, school, and parks, it's location, location, location! A 2-car garage is currently the seller's domain but could be a goldmine for extra rental income.
Behold, a dazzling duplex delight! Unit 1 boasts 3 bedrooms, a full bath, a living room, and a dining room, plus a snazzy back deck. Freshly painted and remodeled, it's practically begging for a housewarming party! Unit 2 charms with 2 bedrooms, a cozy living room, a dining room, and its own back deck. Full basement that is separted to have both units utilize for a washer and dryer and storage space. Nestled near the hospital, school, and parks, it's location, location, location! A 2-car garage is currently the seller's domain but could be a goldmine for extra rental income.
Courtesy: Keller Williams Realty Signature
815-315-1111
Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Two-story duplex featuring 2 bedrooms and 1 bathroom in each unit. The main floor unit offers a spacious living room and separate dining room with hardwood flooring, plus a kitchen with new vinyl plank flooring and main floor laundry hookups. The upper unit features a light-filled living room, separate dining room, and kitchen with new vinyl plank flooring. Property also includes separate basement access, separate utilities, and updated 100-amp service. Great opportunity for an owner-occupant or investor. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $200,000 purchase price with payments as low as $1,395/month. Security deposit may be applied toward the down payment, and the first month's rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity.
Courtesy: Realty of America, LLC
708-768-7412
Great investment opportunity! This well-maintained duplex features a 2 bed/1 bath unit on the first floor and a 1 bed/1 bath unit on the second floor. Perfect for investors or owner-occupants looking to live in one unit and rent the other. Recent updates include new siding and updated gutters (2022). Roof is in good condition. Don't miss your chance to make this property yours today!
Courtesy: Brick Stone International Inc.
312-999-0217
Need a complete rehab 2 family unit with 3 bedrooms each unit 8 rooms 2 car garage as is price to sell cash-only 6 BEDROOM 2 BATHROOM RAISED DUPLEX FOR SALE. THIS HOME NEEDS A FULL REHAB BUT IS THE BEST DEAL IN FREEPORT! LOCATED ON A NICE BLOCK WITH PEACEFUL SURROUNDINGS, THIS HOME IS READY FOR A NEW OWNER. SOLD AS-IS. THIS IS NOT A BANK SHORT SALE OR FORECLOSURE. GREAT OPPORTUNITY FOR OWNERSHIP
Courtesy: RE/MAX Professional Advantage
815-234-4663
2-Unit Multifamily Property - Tenants Responsible for Utilities! An Excellent Investment Opportunity! This duplex presents a reliable source of rental income with significant potential for growth. Both units are equipped with central air conditioning, and tenants are responsible for all utility payments, ensuring a hassle-free investment experience. Unit 1: A spacious 3-bedroom, 1-bathroom unit featuring an open floor plan, an updated kitchen, and an abundance of natural light. Unit 2: A charming 1-bedroom, 1-bathroom unit with a functional layout and modern finishes. Whether you are a seasoned investor or just beginning your journey, this property would make a valuable addition to any investment portfolio
2-Unit Multifamily Property â?? Tenants Responsible for Utilities! An Excellent Investment Opportunity! This duplex presents a reliable source of rental income with significant potential for growth. Both units are equipped with central air conditioning, and tenants are responsible for all utility payments, ensuring a hassle-free investment experience. Unit 1: A spacious 3-bedroom, 1-bathroom unit featuring an open floor plan, an updated kitchen, and an abundance of natural light. Unit 2: A charming 1-bedroom, 1-bathroom unit with a functional layout and modern finishes. Whether you are a seasoned investor or just beginning your journey, this property would make a valuable addition to any investment portfolio
Courtesy: Welcome Home NW Illinois Inc
815-291-2330
Looking for an investment property, look no further. This up down duplex with each unit featuring 2 bedrooms and 1 bath with separate utilities. The basement has amply storage and washer and dryer hookup for each unit. In the rear there is a garage with one area for parking and the rest for storage so the tenant can keep all there outdoor maintenance items in. Make this one make money for you with room for property updates and increased rents.
Courtesy: RE/MAX Unites
815-297-1778
Great two-flat investment property with each unit offering nearly 1,000 square feet of living space. Both units feature a living room, one to two bedrooms, and a full bath, along with ample off-street parking. The property generates $1,600 per month in rental income, with tenants responsible for all utilities except water and sewer, supporting strong cash flow and reduced owner expenses. The main-floor unit offers excellent owner-occupant potential and includes a large 16' x 14' deck, spacious kitchen, and laundry hookups, making it ideal for a buyer looking to live in one unit while renting the other. A solid opportunity for investors or owner-occupants seeking rental income, mortgage offset, and long-term value. Let the tenants help pay your mortgage while you build equity.
Courtesy: A.P. Realty Group, Inc.
630-551-8399
Prime 2 flat in the heart of Freeport-just minutes from transit, shopping, and schools. Each unit offers 2 bedrooms and 1 bath with recent upgrades: new roof, siding, flooring, and fresh paint within the last 3 years. Ideal investment opportunity with steady rental demand, minimal maintenance, and strong potential for long-term value appreciation
Courtesy: Berkshire Hathaway HomeServices Starck Real Estate
847-515-1200
1002 S. OAK AVE. & 205 W. JOHN ST. - DUPLEX on a Corner Lot Tenant pays Gas and Electric utilities. Updates in Nov & Dec 2021 - New Kitchen in Main Floor, Electric Updated, Furnaces serviced, Some More New Windows & Both water heaters New 9/2021. Steel Roof.
Courtesy: Beycome brokerage realty LLC
804-656-5007
This well maintained duplex Available for purchase individually or as part of a larger portfolio of single family homes, duplexes and triplexes.
Great three-unit property with separate gas and electric. Lower unit has been remodeled, and roof is like new. Property was just re-zoned Residential Multi Family. All updates were just finished and approved for a FHA loan for someone that would like to live there and rent the other two apartments.
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Freeport is located in Illinois. Freeport, Illinois has a population of 24,087. Freeport is less family-centric than the surrounding county with 19.87% of the households containing married families with children. The county average for households married with children is 22.59%.
The median household income in Freeport, Illinois is $41,831. The median household income for the surrounding county is $53,806 compared to the national median of $69,021. The median age of people living in Freeport is 43.5 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 11.8 degrees. The average rainfall is approximately 36.8 inches per year, with 32.6 inches of snow per year.
