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Two-Story Tenant-Occupied Duplex
For Sale
$75,000

405-407 W Cottonwood Street, Freeport, IL 61032

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

Property SizeContact for details
Days on Market232

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: Signature Real Estate Brokerage, LLC
Listed By: Olga Kampmeier · License #475166479
Source: Kw
Added: Dec 22, 2025 Changed: Aug 11 Last Checked: Aug 10 at 4:48PM

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 Signature Real Estate Brokerage, LLC

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

Current Use

Duplexes

Suggested Use

Top Pick Dental Office HVAC Service (Bike/Boat/Book/etc) Store Catering Service Tech Support Center 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,094
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?
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
More about this property
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