55-57 Greenfield DR, Freeport, IL 61032 - MLS#12500413

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Jorel Kilcullen

jorelkilcullen@gmail.com +1(815) 790-4276

$135,000

Est. payment - /mo

3 Beds

1 Bath

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12500413

Bedrooms 3

Year Built 1970

Annual Tax Amount $3,357

Tax Year 2024

Lot Dimensions 75x96x172x180

Property Sub-Type Two to Four Units

Property Description

Discover this charming duplex investment opportunity that delivers steady rental income. This 3-bedroom, 1-bathroom property features an up-and-down floor plan that maximizes space and privacy for tenants. Built in 1970, this 1.5-story garden-style apartment building sits proudly on a generous third-of-an-acre lot, offering plenty of room for outdoor activities and parking. Currently generating $1,300 monthly from both units at $650 each. The thoughtful duplex design ensures each unit maintains its independence while sharing the benefits of a well-maintained building. The spacious lot provides excellent curb appeal and potential for future improvements or simply enjoying the extra space. The garden-style architecture offers single-story living comfort with the efficiency of multi-unit ownership. Each unit provides comfortable living space with practical layouts that tenants appreciate. The established rental rates demonstrate market acceptance and provide immediate cash flow for savvy investors.

Location

State IL

County Stephenson

Area Freeport

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

School District 145 , 145, 145

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Diane Dowd of Dickerson & Nieman Realtors - Rockford

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Jorel Kilcullen

+1(815) 790-4276

Broker | License ID: 478.026444

Broker License ID: 478.026444

55-57 Greenfield DR Freeport, IL 61032

Jorel Kilcullen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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