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Two-Story Tenant-Occupied Duplex

405-407 W Cottonwood Street, Freeport, IL 61032

For Sale
$75,000

Each residence provides three bedrooms, two bathrooms, forced-air heating, and basic kitchen appliances.

Property SizeContact for details
Days on Market325

Property Features for 405-407 W Cottonwood Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

Forced Air
Refrigerator
Stove/Cooktop
Yes, Shingle

Building Details

Year Built 1897
Stories 2
Listing Agency: Rockford
Listed By: Olga Kampmeier
Source: Kw
Added: Dec 22, 2025 Changed: Nov 10 Last Checked: Nov 10 at 12:26PM

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

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Investment Insights

Based on property information with market context.

Built in 1897, this two-story duplex contains two tenant-occupied residences, with each unit offering three bedrooms and two bathrooms. Interior features include forced-air heating, a refrigerator, and a stove/cooktop. The property also has shingle exterior elements.

Located at 405-407 W Cottonwood Street in Freeport, Illinois, the duplex is being sold as part of a portfolio package. Its two-unit layout and existing occupancy provide a straightforward residential income property configuration.

Key Highlights

  • Two‑story duplex with two 3‑bedroom, 2‑bathroom units
  • Both units are tenant occupied
  • Forced‑air heating in each residence

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

898
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
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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 - Each residence provides three bedrooms, two bathrooms, forced-air heating, and basic kitchen appliances.
Where is this duplex located?
The property is located at 405-407 W Cottonwood Street Freeport, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Two‑story duplex with two 3‑bedroom, 2‑bathroom units; Both units are tenant occupied; Forced‑air heating in each residence
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