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    Freeport, IL
    Multifamily

    Freeport, IL Multifamily Properties for Sale

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    Cedarville, IL Eleroy, IL Pearl City, IL Dakota, IL Lena, IL Shannon, IL Forreston, IL Orangeville, IL
    Found 18 multifamily property listings for sale in Freeport, IL, averaging $35/sq ft. Use valuation data to compare deals faster.
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    Duplex with Off-Street Parking
    Updated: Aug 19, 2025
    Duplex with Off-Street Parking

    1258 S Galena Avenue, Freeport, IL 61032

    $125,000
    Duplex with three bedrooms and two bathrooms
    Frame construction built in 1902
    Owned off‑street parking
    Porch and patio features
    Basement included
    View details
    Two-Unit Duplex with Garage
    Updated: Aug 21
    Two-Unit Duplex with Garage

    1101-1101.5 Galena Avenue, Freeport, IL 61032

    $80,000
    1,831 sqft
    Two 2‑bedroom, 1‑bath units
    1,831 square feet across an upper‑level unit and a main‑floor unit
    Full basement with laundry hookups and storage space
    Garage, front porch, and off‑street parking
    Built in 1968; forced‑air heat and shingle roof
    View details
    Renovated Two-Unit Duplex
    Renovated Two-Unit Duplex

    1110 S Oak Ave, Freeport, IL 61032

    $115,000
    2 units  2,710 sqft  1 building
    $21,600 gross income

    Each residence contains three bedrooms, and occupants pay their own utilities.

    2 spaces  2 x 3BR
    View details
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    Duplex Requiring Rehabilitation
    Duplex Requiring Rehabilitation

    308 N Cherry, Freeport, IL 61032

    Contact for pricing
    2 units  1,072 sqft  1 building  2-story

    Two-level residential income property requires substantial renovation before occupancy.

    View details
    3-Unit Multifamily Property
    3-Unit Multifamily Property

    1768 S Hance Dr, Freeport, IL 61032

    $170,000
    3 units  Built 1981
    $900/mo avg rent

    Three second-floor apartments are occupied by month-to-month tenants.

    3 x 2BR/1BA  A/C wall unit  Laundry  Storage
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    24-Property Multifamily Portfolio
    24-Property Multifamily Portfolio

    707-709 West Elk Street, Freeport, IL 61032

    Contact for pricing
    9,782,884 sqft  24 buildings
    100% occupied

    Fully leased multifamily portfolio comprising 24 properties.

    View details
    Four-Unit Apartment Building
    Four-Unit Apartment Building

    414-416 1/2 S Adams Avenue, Freeport, IL 61032

    $120,000
    4 units  Built 1927

    Four residences offer a consistent two-bedroom, one-bathroom layout with forced-air heating and basic kitchen appliances.

    4 x 2BR/1BA
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    Two-Story Duplex with Basements
    Two-Story Duplex with Basements

    23-25 W Iroquois Street, Freeport, IL 61032

    $100,000
    2 units  1 building  2-story  Built 1907

    Side-by-side layout offers separate basements and current tenant occupancy.

    2 x 3BR/1BA
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    4-Unit Quadplex
    4-Unit Quadplex

    225-227 1/2 W Pleasant Street, Freeport, IL 61032

    $130,000
    4 units  Built 1867

    Tenant-occupied quadplex with four two-bedroom apartments and practical in-unit kitchen appliances.

    4 x 2BR/1BA
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    Tenant-Occupied Two-Unit Duplex
    Tenant-Occupied Two-Unit Duplex

    253-253 1/2 W Pleasant Street, Freeport, IL 61032

    $88,000
    2 units  1 building  2-story  Built 1897

    Two-level duplex with separate residential units, existing occupancy, forced-air heating, and stove/cooktop equipment.

    1 x 2BR/1BA  1 x 3BR/1BA
    View details
    Two-Unit Duplex
    Two-Unit Duplex

    9-9 1/2 E Washington Street, Freeport, IL 61032

    $54,000
    2 units  Built 1892

    Each residence provides a two-bedroom, one-bath layout with forced-air heating.

    2 x 2BR/1BA
    View details
    Two-Story Tenant-Occupied Duplex
    Two-Story Tenant-Occupied Duplex

    405-407 W Cottonwood Street, Freeport, IL 61032

    $75,000
    2 units  2-story  Built 1897

    Each residence provides three bedrooms, two bathrooms, forced-air heating, and basic kitchen appliances.

    View details
    Tenant-Occupied Triplex with Garage
    Tenant-Occupied Triplex with Garage

    416 S Van Buren Avenue, Freeport, IL 61032

    $53,000
    3 units  Built 1857

    Tenant-occupied triplex with a detached garage and included refrigerator and stove/cooktop.

    1 space  3 x 1BR/1BA
    View details
    Four-Unit Apartment Building
    Four-Unit Apartment Building

    311-315 1/2 E Pleasant Street, Freeport, IL 61032

    $90,000
    4 units  Built 1897

    Multifamily property with forced-air heating, refrigerator, and oven appliances.

    4 x 2BR/1BA
    View details
    Occupied Quadplex with Garage
    Occupied Quadplex with Garage

    428-434 W Exchange Street, Freeport, IL 61032

    $87,000
    4 units  1 building  Built 1857  brick
    100% occupied

    Brick income property with four two-bedroom units, attached parking, and included kitchen appliances.

    2 spaces  4 x 2BR/1BA
    View details
    Tenant-Occupied Duplex Investment
    Tenant-Occupied Duplex Investment

    211-211 1/2 N West Avenue, Freeport, IL 61032

    $97,000
    2 units  Built 1897

    Duplex offers two two-bedroom, one-bath units, currently tenant occupied and sold as part of a portfolio.

    View details
    Four-Unit Apartment Building
    Four-Unit Apartment Building

    420-422 1/2 S Adams Avenue, Freeport, IL 61032

    $82,000
    Built 1882

    Historic multifamily property with four two-bedroom units requiring substantial rehabilitation.

    View details
    Two-Story Duplex
    Two-Story Duplex

    434 S State Avenue, Freeport, IL 61032

    $79,000
    2 units  2-story  Built 1907

    Two-unit property with one occupied residence and a vacant upper apartment.

    1 x 2BR/1BA  1 x 1BR/1BA
    View details
    18 active listings match your search: Multifamily for sale in Freeport, IL. Based on your search, we've also compiled 1 Potential Opportunity for your consideration: 1 off-market property to explore as potential leads.

    Off-Market Properties in Freeport, IL

    Consider similar Off-Market properties in Freeport, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7 Iroquois St
    Multifamily properties

    7 Iroquois St, Freeport, IL 61032

    Estimated value: by Request
    View details

    Freeport, IL Multifamily Properties Market Trends and Statistics

    Explore 19 multifamily properties for sale in Freeport, IL, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 9,788,497 square feet of properties for sale, with an estimated market value of $1,545,000.

    Sale prices for multifamily properties in Freeport, IL start at $53,000, averaging $96,562, and reaching up to $170,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 10
    Quadplexes 5
    Triplexes 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -2.8%
    Median Household Income $54,179
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

    Identify Freeport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61032 $85.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Stephenson County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    • 61032

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    Realmo connects you with licensed Freeport CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Choice Realty
    718 W Stephenson St Freeport, IL 61032
    Phone: (815) 235-2111
    www.choicerealtyfreeport.com
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