Four-Unit Apartment
For Sale
$82,000
420-422 1/2 S Adams Avenue, Freeport, IL 61032
Historic multifamily property with four two-bedroom units requiring substantial rehabilitation.
Property SizeContact for details
Days on Market253
Property Features for 420-422 1/2 S Adams Avenue
General Information
Standard status
Active
Property subtype
Multi-Family
Amenities
Forced Air
Yes, Shingle
Building Details
Year Built
1882
Listing Agency:
Rockford
(815) 621-9180
Listed By:
Olga Kampmeier · License #475
(815) 621-9180
Source:
Kw
Added: Dec 22, 2025
Changed: Aug 31
Last Checked: Aug 31 at 1:03AM
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
Investment Insights
Based on property information with market context.
Built in 1882, this four-unit multifamily property contains four apartments, each configured with two bedrooms and one bathroom. The building is currently condemned and requires rehabilitation, making its condition a central consideration for any purchaser.
Existing features include forced-air heating and a shingle exterior. The property is located at 420-422 1/2 S Adams Avenue in Freeport, Illinois.
Existing features include forced-air heating and a shingle exterior. The property is located at 420-422 1/2 S Adams Avenue in Freeport, Illinois.
Key Highlights
- Four‑unit multifamily property
- Each unit includes 2 bedrooms and 1 bathroom
- Currently condemned and requires rehabilitation
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Historic multifamily property with four two-bedroom units requiring substantial rehabilitation.
Where is this quadplex located?
The property is located at 420-422 1/2 S Adams Avenue Freeport, IL.
What is the asking price?
The asking price for this property is $82,000.
What are key features of this property?
This property features: Four‑unit multifamily property; Each unit includes 2 bedrooms and 1 bathroom; Currently condemned and requires rehabilitation
