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Two-Level Duplex
For Sale
$37,000

916 S Walnut Avenue, Freeport, IL 61032

Tenant-occupied duplex with distinct main-floor and upper-level living areas.

Property SizeContact for details
Days on Market264

Property Features for 916 S Walnut Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Forced Air
Refrigerator
Stove/Cooktop
Yes, Shingle

Building Details

Year Built 1900
Listing Agency: Rockford
Listed By: Olga Kampmeier · License #475
Source: Kw
Added: Jan 3 Changed: Sep 23 Last Checked: Sep 22 at 9:46PM

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.

Located at 916 S Walnut Avenue in Freeport, Illinois, this two-level duplex provides separate residential areas across the main and upper floors. The main floor includes 3 bedrooms and 1 bathroom, while the upper floor offers 2 bedrooms and 1 bathroom.

The property is occupied by tenants and is offered as part of a portfolio package. Interior features include forced-air heating, a refrigerator, and a stove/cooktop. The building was constructed in 1900 and has a shingle exterior.

Key Highlights

  • 3 bedrooms and 1 bathroom on the main floor
  • 2 bedrooms and 1 bathroom on the upper floor
  • Tenant‑occupied property offered as part of a portfolio package

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Catering Service (Bike/Boat/Book/etc) Store Acupuncture Butcher Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

828
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Tenant-occupied duplex with distinct main-floor and upper-level living areas.
Where is this duplex located?
The property is located at 916 S Walnut Avenue Freeport, IL.
What is the asking price?
The asking price for this property is $37,000.
What are key features of this property?
This property features: 3 bedrooms and 1 bathroom on the main floor; 2 bedrooms and 1 bathroom on the upper floor; Tenant‑occupied property offered as part of a portfolio package
More about this property
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