416 S Van Buren Avenue, Freeport, IL 61032

Building Details

Year Built 1857 More

Listing Agency: Rockford

Listed By: Olga Kampmeier Show Phone

Source: Kw

Added: Dec 24, 2025 Changed: Nov 4 Last Checked: Nov 8 at 8:44AM

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Investment Insights

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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

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Lease Details

3

Residential units

Location Intelligence

Trade Area within ½ mile

901

Businesses Nearby

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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?

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