Bought with ASHLEY HEILMAN • Welcome Home NW Illinois, Inc.
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418-420 N Van Buren Freeport, IL 61032
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Key Details
Sold Price $76,000
Property Type Multi-Family
Sub Type 2 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,648 sqft
Price per Sqft $28
Subdivision Il
MLS Listing ID 202501485
Sold Date 05/01/25
Style 2 Story
Bedrooms 6
Annual Tax Amount $1,741
Tax Year 2023
Property Sub-Type 2 Units
Property Description
This side-by-side duplex is a fantastic investment opportunity, featuring two spacious 3-bedroom, 1-bath units in a true non-conversion layout—meaning it was originally built as a duplex, not converted from a single-family home. Each unit offers a comfortable and functional floor plan with generous living spaces, well-sized bedrooms, and ample storage. The property is currently under-rented, presenting a prime opportunity for significant rent increases to boost cash flow. With market-rate adjustments, this duplex has strong income potential. Whether you're looking to owner-occupy one side and rent out the other or expand your investment portfolio, this property is a solid choice with room for increased profitability.
Location
State IL
County Stephenson County
Area Freeport
Interior
Hot Water Gas
Heating Forced Air, Natural Gas
Cooling None
Exterior
Exterior Feature Siding
Roof Type Shingle
Building
Sewer City
Water City
Schools
Elementary Schools Freeport 145
Middle Schools Freeport 145
High Schools Freeport 145
School District Freeport 145
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