Listing Agency: Beycome Brokerage Realty LLC c***@beycome.com Show Phone

Listed By: Herve Barbera · License #REB.0018814

Source: Crexi

Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 10:20AM

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Investment Insights

Based on property information with market context.

This four-unit apartment building is currently occupied by long-term tenants, providing an established multifamily configuration. The property has received many recent updates, while interior photos were taken during periods between tenant occupancy.

Residents are responsible for all utilities. The building is located at 609-611 W Cottonwood Street in Freeport, Illinois.

Key Highlights

• Four‑unit apartment building
• All 4 units are currently occupied
• Long‑term tenants in place

Property Analytics

Property Profile

Current Use

Quadplexes

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

4

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

1,094

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

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Fully occupied multifamily property with recent updates and tenants responsible for all utilities.

Where is this quadplex located?

The property is located at 609-611 W Cottonwood Street Freeport, IL.

What are key features of this property?

This property features: Four‑unit apartment building; All 4 units are currently occupied; Long‑term tenants in place