Search
Duplex Requiring Rehabilitation
New
For Sale
Contact for pricing

308 N Cherry, Freeport, IL 61032

Two-level residential income property requires substantial renovation before occupancy.

Property Size1,072 SF
Price / SF$18.56
Days on Market4

Property Features for 308 N Cherry

General Information

Standard status Active
Size 1,072 SF
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence considerable rehab

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $558

Building Details

Buildings 1
Stories 2
Listing Agency: A-1 AGENCY
Listed By: BRIAN BORCHARDT · License #471004534
Source: Exprealty
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 3:05PM

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 A-1 AGENCY

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This up-and-down duplex contains 1,072 square feet and needs considerable rehabilitation. The property is being offered in as-is condition, with no repairs to be completed by the seller.

Key Highlights

  • Two‑level duplex configuration
  • 1,072 square feet
  • Offered in as‑is condition

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

103
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

Frequently Asked Questions

What type of property is this?
Duplex - Two-level residential income property requires substantial renovation before occupancy.
Where is this duplex located?
The property is located at 308 N Cherry Freeport, IL.
What are key features of this property?
This property features: Two‑level duplex configuration; 1,072 square feet; Offered in as‑is condition
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved