Freeport Illinois Freeport, IL 61032

This exceptional investment opportunity presents a portfolio of seven single-family homes located in Freeport, Illinois, zip code 61032, Stephenson County. Offered at $420,000, this fee-simple mixed-use property boasts a strong pro-forma NOI of $45,640, translating to an attractive pro-forma cap rate of 10.87%. Each of the seven buildings houses a single rental unit, all currently occupied and exhibiting a positive rental history. The properties are situated at various locations within Freeport. Many of the homes feature newer roofs, siding, and windows, minimizing immediate maintenance needs and maximizing long-term value. This is an ideal investment for those seeking a stable, cash-flowing portfolio in a desirable Illinois market. The properties are not subject to a ground lease. This is a turnkey investment opportunity with significant potential for future appreciation and consistent rental income. The properties are located in Freeport, Illinois, a city in Stephenson County. The geographic coordinates are 42.2966861 latitude and -89.6212271 longitude. This package offers a rare chance to acquire a well-maintained, income-producing asset with a proven track record.