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    Freeport Duplex: Owner-Occupant Opportunity

    404-406 E Prospect Terrace Freeport, IL 61032

    404-406 E Prospect Terrace, Freeport, IL, 61032
    $200,000
    For Sale
    Claim this Listing
    $200,000

    MULTI_FAMILY - FREEPORT, IL

    Property Size2,560 SF
    Price / SF$78.13
    AddedMar 11
    Days on Market127
    Last RefreshJul 15 at 10:06 am

    Property Features for 404-406 E Prospect Terrace

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Bathroom 2, Basement, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1
    Parking
    2
    Appliances
    Refrigerator, Stove/Cooktop
    Standard status
    Active
    APN
    181431478033
    Size
    2,560 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    PT LOT 4 BLK 1 GUITEAU'S ADD
    Tax Annual Amount
    1501

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1897
    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle

    Listing agent Olga Kampmeier License #475166479

    Listing office Keller Williams Realty Signature 4201 Galleria Dr., Loves Park, IL

    Listing date Mar 11, 2026

    MLS# 202601322 Listing URL

    Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This two-story duplex in Freeport, IL, presents a unique homeownership opportunity. Each unit features 2 bedrooms and 1 bathroom. The main floor unit includes a spacious living room, a separate dining room with hardwood flooring, a kitchen with new vinyl plank flooring, and main floor laundry hookups. The upper unit offers a light-filled living room, a separate dining room, and a kitchen also featuring new vinyl plank flooring. The property includes separate basement access and separate utilities. Updated 100-amp service is in place. The property, totaling 2560 square feet, is suitable for both owner-occupants and investors. It may also qualify for a homeownership program designed to help renters transition to ownership.

    Key Highlights

    • Two‑story duplex built in 1897 with 2 bedrooms and 1 bathroom in each unit
    • Main‑floor unit has a spacious living room and separate dining room with hardwood flooring
    • Main‑floor kitchen includes new vinyl plank flooring and main floor laundry hookups

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Dental Office Pharmacy Cafe & Coffee Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Two-story duplex with separate utilities, ideal for owner-occupants.
    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 with 2 bedrooms and 1 bathroom in each unit; Main‑floor unit has a spacious living room and separate dining room with hardwood flooring; Main‑floor kitchen includes new vinyl plank flooring and main floor laundry hookups
    Contact an agent
    (815) 621-9180
    We can help!
    Contact an agent
    Olga Kampmeier
    Olga Kampmeier
    Real Estate License ID: 475166479
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