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Curtis Crotty

curtis@thecrottygroup.com +1(847) 602-3296

$ 45,000

Est. payment -/mo

Save

New

553 N Warren AVE Freeport, IL 61032

2 Beds

1 Bath

836 SqFt

UPDATED:

01/07/2025 08:09 PM

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 836 sqft

Price per Sqft $53

MLS Listing ID 12263141

Style Ranch

Bedrooms 2

Full Baths 1

Year Built 1900

Annual Tax Amount $943

Tax Year 2023

Lot Size 10,890 Sqft

Lot Dimensions 80 X 141 X 80 X 141

Property Description

**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!

Location

State IL

County Stephenson

Area Freeport

Rooms

Basement Full, English

Interior

Interior Features First Floor Bedroom, First Floor Full Bath

Heating Natural Gas, Forced Air

Cooling None

Equipment Ceiling Fan(s), Water Heater-Gas

Fireplace N

Appliance Double Oven, Refrigerator, Cooktop

Exterior

Roof Type Asphalt

Building

Dwelling Type Detached Single

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 145 , 145, 145

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Listed by John Juliano • Berkshire Hathaway HomeServices Crosby Starck Real