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Four-Unit Apartment Building
For Sale
$90,000

311-315 1/2 E Pleasant Street, Freeport, IL 61032

Multifamily property with forced-air heating, refrigerator, and oven appliances.

Property SizeContact for details
Days on Market237

Property Features for 311-315 1/2 E Pleasant Street

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

Forced Air
Refrigerator
Oven
Yes, Shingle

Building Details

Year Built 1897
Listing Agency: Rockford
Listed By: Olga Kampmeier · License #475
Source: Kw
Added: Jan 2 Changed: Aug 25 Last Checked: Aug 26 at 4:01PM

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 Rockford

Investment Insights

Based on property information with market context.

This four-unit multifamily property includes a consistent layout of two bedrooms and one bathroom per unit. Interior features include forced-air heating, refrigerators, and ovens, while the exterior is finished with shingles. The building was constructed in 1897.

Located at 311-315 1/2 E Pleasant Street in Freeport, Illinois, the property is being offered as part of a portfolio package.

Key Highlights

  • 4 residential units with 2 bedrooms and 1 bathroom per unit
  • Forced‑air heating
  • Refrigerator and oven appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Catering Service (Bike/Boat/Book/etc) Store Acupuncture Cafe & Coffee Shop Butcher

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

939
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Multifamily property with forced-air heating, refrigerator, and oven appliances.
Where is this quadplex located?
The property is located at 311-315 1/2 E Pleasant Street Freeport, IL.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 4 residential units with 2 bedrooms and 1 bathroom per unit; Forced‑air heating; Refrigerator and oven appliances
More about this property
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