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Fred Venturini

[email protected] +1(618) 322-9764

$ 45,000

Est. payment -/mo

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Pending

523 N Warren AVE Freeport, IL 61032

1 Bed

1 Bath

614 SqFt

OPEN HOUSE

Sat Jan 25, 12:00pm - 2:00pm

Sun Jan 26, 12:00pm - 2:00pm

UPDATED:

01/10/2025 03:40 PM

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Pending

Purchase Type For Sale

Square Footage 614 sqft

Price per Sqft $73

MLS Listing ID 12263038

Style Ranch

Bedrooms 1

Full Baths 1

Year Built 1932

Annual Tax Amount $971

Tax Year 2023

Lot Size 5,227 Sqft

Lot Dimensions 40 X 133 X 40 X 133

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

Heating Natural Gas, Forced Air

Cooling Central Air

Equipment Water Heater-Gas

Fireplace N

Appliance Range, Refrigerator, Cooktop

Exterior

Parking Features Detached

Garage Spaces 2.0

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

Fred Venturini

Broker | License ID: 475.179117

+1(618) 322-9764

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