559 N Warren Avenue
Freeport, IL 61032
- 1 bed
- 1 bath
- 540 sqft
- 11,326 sqft lot
- $87 per sqft
- 1966 build
- – on site
**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!
Listing courtesy of MRED / Berkshire Hathaway HomeServices Crosby Starck Real as distributed by MLS GRID
Last checked:
Checking…
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Last updated Jan 7, 2025
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MLS# 12263863 —
Upcoming Open Houses
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Saturday, 1/25
12pm-2pm -
Sunday, 1/26
12pm-2pm
The Building
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Year Built:1966
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Rebuilt:No
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New Construction:false
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Architectural Style:Ranch
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Roof:Asphalt
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Basement:Full, English
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Disability Access:No
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Other Equipment:Ceiling Fan(s), Water Heater-Gas
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Total SqFt:540
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Total SqFt:540
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Main SqFt:540
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Living Area Source:Estimated
Interior
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Room Type:No additional rooms
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Rooms Total:2
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Interior Features:First Floor Bedroom
Room Dimensions
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Living Area:540
Location
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Directions:Turn left onto N Mulford Rd. Turn right onto Harrison Ave. Turn left onto S Alpine Rd. Use the right lane to merge onto US-20 W via the ramp to Freeport. Take the IL-26 exit toward Freeport/Monroe. Turn left onto IL-26 S (signs for Freeport). Turn right onto W Galena Ave. Turn right onto N Warren Ave.
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Location:25121
The Property
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Parcel Number:18132538300200
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Property Type:Residential
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Lot Size Dimensions:80 X 141 X 80 X 141
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Lot Size Acres:0.26
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (815) 397-4040
- Office phone:
- (815) 397-4040
Taxes
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Tax Year:2023
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Tax Annual Amount:1328
Beds
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Bedrooms Total:1
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Bedrooms Possible:1
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers
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Water Source:Public
Appliances
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Appliances:Range, Cooktop
Schools
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Elementary School District:145
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Middle Or Junior School District:145
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High School District:145
The Community
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:3
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Parking Features:Driveway
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Parking Onsite:Yes
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Parking Ownership:Owned
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Garage Type:Attached
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Garage Spaces:1
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Garage Onsite:Yes
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Garage Ownership:Owned
Monthly cost estimate
Asking price
$47,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$251
|
Taxes | $110 |
Insurance | $12 |
Utilities | $103 See report |
Total | $476/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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1/6/25
Jan 6, 2025
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Listed / Active | MRED | $47,000 |