Closed

$61,000

512 Warren Avenue, Freeport, IL 61032
3 Beds2 Baths3 days
512 Warren Avenue·Freeport, IL 61032
3Bedrooms
2Bathrooms
1897Year Built
About This Home

**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!

MLS# 12263982Listed January 6, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Total Rooms10

Size & Structure

Year Built1897
Lot Size.21

Location

CountyStephenson
TownshipFreeport
Zip Code61032

Financial

List Price$61,000
Annual Taxes (2023)$1,470
Monthly Tax Est.$123
Parcel #18132538201200
Interior Features

Heating

Steam

Basement

UnfinishedFullDaylight
Exterior & Lot

Construction

Other

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off StreetOn Site
Tax & Financial
Annual Taxes
$1,470
Tax Year 2023
Monthly Tax Est.
$123
per month
Property Location

512 Warren Avenue, Freeport, IL 61032 — Stephenson County

$61,000
512 Warren Avenue
3 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
3 days on market
.21
$1,470/yr taxes
$443
estimated monthly payment
Principal & Interest
$321/mo
Property Tax
$123/mo
$61,000
20% — $12,200
3%50%
6.875%
3%12%
Loan Amount
$48,800
Down Payment
$12,200

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Berkshire Hathaway HomeServices Crosby Starck Real
Agent: John Juliano
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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