Building Details

Buildings 21

Listing Agency: A-1 Agency a***@msn.com Show Phone

Listed By: Brian Borchardt · License #IL 471004534

Source: Crexi

Added: May 4 Changed: Aug 30 Last Checked: Sep 1 at 3:30AM

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Investment Insights

Based on property information with market context.

This multifamily portfolio includes 24 properties and is reported as 100% leased. The portfolio is associated with 707-709 West Elk Street in Freeport, Illinois.

Key Highlights

• 24‑property multifamily portfolio
• 100% leased
• Associated with 707‑709 West Elk Street, Freeport, IL 61032

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Catering Service (Bike/Boat/Book/etc) Store Acupuncture Florist 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

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

1,121

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

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Fully leased multifamily portfolio comprising 24 properties.

Where is this multifamily property located?

The property is located at 707-709 West Elk Street Freeport, IL.

What is the asking price?

The asking price for this property is $2,134,700.

What are key features of this property?

This property features: 24‑property multifamily portfolio; 100% leased; Associated with 707‑709 West Elk Street, Freeport, IL 61032