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Tenant-Occupied Triplex with Garage
For Sale
$53,000

416 S Van Buren Avenue, Freeport, IL 61032

Tenant-occupied triplex with a detached garage and included refrigerator and stove/cooktop.

Property SizeContact for details
Days on Market227

Property Features for 416 S Van Buren Avenue

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multi-Family

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Amenities

Forced Air
Refrigerator
Stove/Cooktop
Shingle

Building Details

Year Built 1857
Listing Agency: Signature Real Estate Brokerage, LLC
Listed By: Olga Kampmeier · License #MRD71693
Source: Kw
Added: Dec 22, 2025 Changed: Aug 5 Last Checked: Aug 5 at 3:55AM

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.

This three-unit residential property offers a one-bedroom, one-bathroom layout in each unit. The building includes forced-air heating, a refrigerator, and a stove/cooktop, with shingle exterior construction and original 1857 construction. A detached one-car garage provides additional on-site utility.

The property is tenant occupied and is being sold as part of a portfolio package. It is located at 416 S Van Buren Avenue in Freeport, Illinois, within ZIP Code 61032.

Key Highlights

  • 3‑unit property with one bedroom and one bathroom in each unit
  • Detached one‑car garage
  • Tenant occupied

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Hair Salon HVAC Service Nail Salon Big Box & Wholesale Store Cafe & Coffee Shop

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

901
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Tenant-occupied triplex with a detached garage and included refrigerator and stove/cooktop.
Where is this triplex located?
The property is located at 416 S Van Buren Avenue Freeport, IL.
What is the asking price?
The asking price for this property is $53,000.
What are key features of this property?
This property features: 3‑unit property with one bedroom and one bathroom in each unit; Detached one‑car garage; Tenant occupied
More about this property
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