Closed

$45,000

523 Warren Avenue, Freeport, IL 61032
1 Beds1 Baths614 sqft3 days
523 Warren Avenue·Freeport, IL 61032
1Bedrooms
1Bathrooms
614Sq Ft
1932Year 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# 12263038Listed January 6, 2025ResidentialRanch
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms2

Size & Structure

Living Area614 sqft
Garage Spaces2
Fireplaces0
Year Built1932
Lot Size0.120 acres

Location

CountyStephenson
TownshipFreeport
Zip Code61032

Financial

List Price$45,000
Price / Sq Ft$73
Annual Taxes (2023)$971
Monthly Tax Est.$81
Parcel #18132538300900
Interior Features

Appliances

RangeRefrigeratorCooktop

Heating

Natural GasForced Air

Cooling

Central Air

Basement

UnfinishedFullDaylight
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None
Tax & Financial
Annual Taxes
$971
Tax Year 2023
Monthly Tax Est.
$81
per month
Price per Sq Ft
$73
per square foot
Property Location

523 Warren Avenue, Freeport, IL 61032 — Stephenson County

$45,000
$73 / sqft
523 Warren Avenue
1 bd1 ba614 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
3 days on market
2-car garage
0.120 acres
$971/yr taxes
$0 HOA (not applicable)
$317
estimated monthly payment
Principal & Interest
$236/mo
Property Tax
$81/mo
$45,000
20% — $9,000
3%50%
6.875%
3%12%
Loan Amount
$36,000
Down Payment
$9,000

* 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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