Three-unit multifamily offering excellent potential with some TLC. The main-floor unit features 3 bedrooms and 1.5 bathrooms, while the two additional units each offer 1 bedroom and 1 bathroom. Detached 2-car garage plus an additional shed provide ample storage. Great opportunity for investors or owner-occupants looking to add value. Sold as-is.
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: RE/MAX Unites
815-297-1778
4 doors and over 4,000 sqft. Rental income estimator $2,800 per month, yes $33,600 per year! Bring your plans and make this one cash flow quickly! 4 units this grand home could be amazing again. 2 units are two bedrooms, 2 units are 1 bedrooms. Approx 1,000 sqft per unit these are very spacious with tons of opportunity. Living room in two units is 22' x 14' with bedrooms 14' x 12'.
Very nice brick and vinyl duplex consisiting of two Spacious 2 BR units, all separate utlities, 1 car garage included in lower rent ( section 8) and a separate 3 car garage. Property had roof issues but roof was new to the rafters in 2024, and building sports front and back staircases, walk-up attic and natural woodwork for that old world charm feeling.
Courtesy: NextHome First Class
815-232-4433
Up and Down Duplex - Upstairs unit is vacant, Main Floor is occupied by long term Sec 8 tenant. Seller pays gas. Roof about 11 years ago, Some new doors, windows.
Welcome to this up-and-down duplex featuring separate utilities for each unit. The property offers covered front and rear porches, off-street parking, and a functional layout. Enter through the covered front porch into the entryway. The hallway leads to the first bedroom and opens into a comfortable living room. Off the living room, youâ??ll find the second bedroom complete with a closet and built-in dresser. Toward the back of the home is a full bathroom that also provides access to a third bedroom featuring a mirrored closet and a second closet (formerly the stairway to the upper level). The spacious eat-in kitchen includes a walk-in pantry, access to the shared basement with washer and dryer hookups, and a door leading to the covered rear porch. Access the upper unit via the exterior rear staircase or front enclosed stairs. Upon entering through the front, you arrive at a landing that opens into the living room. To the front of the unit is the first bedroom, while also off the living room are the full bathroom and the second bedroom. At the rear of the unit is the third bedroom that includes laundry hookups, attic access, and a door to the back porch. The layout is completed by a eat-in kitchen, also with access to the rear porch. Upper unit is awaiting your finishing touches. Tenant occupied 48 hrs notice to show
Courtesy: Dickerson & Nieman Realtors - Rockford
815-227-5900
Discover this charming duplex investment opportunity that delivers steady rental income. This 3-bedroom, 1-bathroom property features an up-and-down floor plan that maximizes space and privacy for tenants. Built in 1970, this 1.5-story garden-style apartment building sits proudly on a generous third-of-an-acre lot, offering plenty of room for outdoor activities and parking. Currently generating $1,300 monthly from both units at $650 each. The thoughtful duplex design ensures each unit maintains its independence while sharing the benefits of a well-maintained building. The spacious lot provides excellent curb appeal and potential for future improvements or simply enjoying the extra space. The garden-style architecture offers single-story living comfort with the efficiency of multi-unit ownership. Each unit provides comfortable living space with practical layouts that tenants appreciate. The established rental rates demonstrate market acceptance and provide immediate cash flow for savvy investors.
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
2 Houses on one parcel, one tax bill, great cash flow. 48 hour notice to show Both tenants are month to month.
Courtesy: Welcome Home NW Illinois Inc
815-291-2330
Take a look at this 3 unit building with two recently remodeled units. 309 unit - Walk into entry then into the unit with bathroom to the left and into the eat in kitchen. off the kitchen is the living room and one bedroom. 309 1/2 unit - take the stairs up to the unit with the living room to the right with large walk in closet. then down hallway you will find the eat in kitchen, bathroom, hall closet, and bedroom. 311 unit - walk in to the eat in kitchen and then into the studio space with bathroom off this space. Tenant occupied 48 hr notice to show.
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: Berkshire Hathaway HomeServices Starck Real Estate
847-515-1200
Duplex with both units vacant ready for new ownership at closing. Live in both, live in one with the other as an income property, or have income from both. Both units are three bedrooms and one full bath all located on the second floor; with basement access located on main floor. Main floor has the living room, dining room in the center, kitchen in the rear with access to the shared porch. Both units have similar layout, Buyers to verify all information and measurements. All finishes and remaining appliances, items, and mechanics to be conveyed in AS-IS condition.
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.
Prime Downtown Freeport Investment Opportunity â?? 14 Residential Units + 1 Commercial Space 11% Pro Forma Return Located in the heart of historic downtown Freeport, IL, this mixed-use building offers an outstanding opportunity for investors seeking strong, stable cash flow in a revitalizing urban core. The property includes 14 residential unitsâ??a mix of efficiencies and 1-bedroom apartmentsâ??plus 1 street-level commercial space, providing diverse income streams and long-term value. Property Highlights: Total Units: 15 (14 Residential + 1 Commercial) Location: Centrally located in downtown Freeport â?? close to dining, retail, and public amenities Unit Mix: A combination of efficiency and 1-bedroom units â?? high demand among students, professionals, and downtown workers Commercial Space: Ideal for retail, office, or service use â?? strong foot traffic and visibility Condition: Solid, well-maintained structure with updated systems and appealing curb appeal Pro Forma Return: 11% projected annual return based on current market rents and realistic expense assumptions
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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.
