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4-Unit Quadplex
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16-18 N Green Avenue, Freeport, IL 61032

Four-unit multifamily property offered in as-is condition with no interior access provided before closing.

Property Size4,075 SF
Days on Market14

Property Features for 16-18 N Green Avenue

General Information

Standard status Active
Size 4,075 SF
Property subtype Residential Income
Zoning MULTI

Additional Details

Asking Price $44,900
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,352

Building Details

Year Built 1902
Buildings 1
Listing Agency: Realhome Services & Solutions, Inc.
Listed By: Val Laborevitch · License #RE-15308
Source: Birdrealtysells
Added: Jul 24 Changed: Aug 4 Last Checked: Aug 5 at 12:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realhome Services & Solutions, Inc.

Investment Insights

Based on property information with market context.

This four-unit multifamily building was constructed in 1902 and contains approximately 4,075 square feet of living space. The property includes six bedrooms and four bathrooms, with a configuration suited to its quadplex classification. MULTI zoning is reported for the site.

Located at 16-18 N Green Avenue in Freeport, Illinois, the building is being conveyed in as-is condition. Interior access will not be provided because of the reported interior condition, and the buyer will be responsible for trash removal after closing. The sale is not subject to repairs, warranties, guarantees, or contingencies.

Key Highlights

  • Four‑unit building with 6 bedrooms and 4 bathrooms
  • Approximately 4,075 square feet of living space
  • MULTI zoning

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Dental Office Hair Salon Catering Service (Bike/Boat/Book/etc) Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,118
Businesses Nearby

Demographics for 61032, IL

29,110
Population
14,685
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
91%
High-School Grad
148.7 sq mi
ZIP Area
196
Density / Sq Mi
$54,179
Median Household Income
$34,893
Median Earnings
$769
Median Rent
$106,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily property offered in as-is condition with no interior access provided before closing.
Where is this quadplex located?
The property is located at 16-18 N Green Avenue Freeport, IL.
What are key features of this property?
This property features: Four‑unit building with 6 bedrooms and 4 bathrooms; Approximately 4,075 square feet of living space; MULTI zoning
More about this property
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