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Listed by Aubra Palermoof RE/MAX Unites
$ 85,000
Est. payment | /mo
3 Beds
6,534 Sqft Lot
$ 85,000
Est. payment | /mo
3 Beds
6,534 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12533109
Bedrooms 3
Year Built 1867
Annual Tax Amount $1,236
Tax Year 2024
Lot Size 6,534 Sqft
Lot Dimensions 60x106
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Stephenson
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
Elementary Schools Blackhawk Elementary School
Middle Schools Freeport Junior High School
High Schools Freeport High School
School District 145, 145, 145
Others
Ownership Fee Simple
Special Listing Condition None
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