Two-Story Duplex Income
404-406 E Prospect Terrace Freeport, IL 61032
404-406 E Prospect Terrace, Freeport, IL, 61032
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For Sale
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Two-story duplex offers two 2-bedroom, 1-bath units with separate basement access and updated 100-amp service.
Days on Market134
Property Features for 404-406 E Prospect Terrace
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1897
Listing agency
Keller Williams Realty Signature
(815) 621-9180
Listed by
Olga Kampmeier · License #475.166479
Source
Crexi
Added: Mar 10 Updated: Jul 20 at 7:09PM Checked: Jul 21 at 1:19PM
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Investment Insights
Based on property information with market context.
This two-story duplex contains two separate units, each with two bedrooms and one bathroom. The main floor unit features a spacious living room and separate dining room with hardwood flooring, along with a kitchen with new vinyl plank flooring and main floor laundry hookups. The upper unit includes a light-filled living room, separate dining room, and a kitchen with new vinyl plank flooring.
The property provides separate basement access and separate utilities, and includes updated 100-amp service. As a residential income property, it can support both owner-occupant and investor ownership strategies.
Additional details provided include a homeownership program intended to help qualifying renters transition to ownership with minimal upfront cash and a simplified approval process; specific availability and terms vary and approvals are subject to income verification and underwriting guidelines.
The property provides separate basement access and separate utilities, and includes updated 100-amp service. As a residential income property, it can support both owner-occupant and investor ownership strategies.
Additional details provided include a homeownership program intended to help qualifying renters transition to ownership with minimal upfront cash and a simplified approval process; specific availability and terms vary and approvals are subject to income verification and underwriting guidelines.
Key Highlights
- Two‑story duplex built in 1897 featuring two 2‑bedroom, 1‑bath units
- Main floor unit includes a spacious living room, separate dining room, hardwood flooring, and kitchen with new vinyl plank flooring
- Upper unit offers a light‑filled living room, separate dining room, and kitchen with new vinyl plank flooring
Property Analytics
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FAQs
What type of property is this?
Duplex - Two-story duplex offers two 2-bedroom, 1-bath units with separate basement access and updated 100-amp service.
Where is this duplex located?
The property is located at 404-406 E Prospect Terrace Freeport, IL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two‑story duplex built in 1897 featuring two 2‑bedroom, 1‑bath units; Main floor unit includes a spacious living room, separate dining room, hardwood flooring, and kitchen with new vinyl plank flooring; Upper unit offers a light‑filled living room, separate dining room, and kitchen with new vinyl plank flooring