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    Freeport, IL
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    Freeport, IL Multifamily Properties for Sale

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    West Terre Haute, IN Cedarville, IL Eleroy, IL Dakota, IL Pearl City, IL Lena, IL Shannon, IL Orangeville, IL
    12 properties
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    Two-Unit Duplex With Detached Garage
    Updated: Aug 5
    Two-Unit Duplex With Detached Garage

    1650 S Oak Avenue, Freeport, IL 61032

    $70,000
    2,188 sqft
    2,188 square feet of total living space
    Each unit includes 2 bedrooms, 1 full bathroom, and in‑unit laundry
    0.45‑acre lot with a large detached garage
    Natural gas forced‑air heating and central air
    Built in 1907 with a basement, shingle roof, woodwork, and some hardwood floors
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    Tenant-Occupied Triplex with Outbuildings
    Updated: Jul 16
    Tenant-Occupied Triplex with Outbuildings

    2143 - 2145 West Galena Avenue, Freeport, IL 61032

    $319,900
    Triplex built in 1948 with long‑term tenants
    51' x 96' commercial building constructed in 1997
    Commercial building features 12' ceilings
    24' x 30' storage building
    20' x 30' Quonset building with 14' ceiling
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    Frame Duplex with Porch and Patio
    Frame Duplex with Porch and Patio

    1258 S Galena Avenue, Freeport, IL 61032

    $125,000

    Well-maintained duplex with a porch and patio, frame construction, public water and public sewer.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Mixed-Use Income Property
    Downtown Mixed-Use Income Property

    211 East Stephenson Street, Freeport, IL 61032

    $110,000
    2,400 sqft

    Multi-use building with a large commercial office suite plus four residential units across the second and third floors.

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    4-Unit Quadplex
    4-Unit Quadplex

    16-18 N Green Avenue, Freeport, IL 61032

    $44,900
    4,075 sqft

    Four-unit multifamily property offered in as-is condition with no interior access provided before closing.

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    Mixed-Use Retail and Residential Building
    Mixed-Use Retail and Residential Building

    202-204 E Main St, Freeport, IL 61032

    Contact for pricing
    8,800 sqft

    Brick mixed-use building includes first-floor retail/manufacturing, first-floor warehouse, and second-floor apartments.

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    Duplex on Corner Lot
    Duplex on Corner Lot

    1002 Oak Avenue S, Freeport, IL 61032

    $120,000

    Duplex with recent updates and tenant-paid utilities.

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    Mixed-Use Building with Residential Loft
    Mixed-Use Building with Residential Loft

    222 W Exchange Street, Freeport, IL 61032

    $459,900

    Multi-level property combines commercial suites with an upper-level residential loft and elevator access.

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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

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

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    Two-Story Tenant-Occupied Duplex
    Two-Story Tenant-Occupied Duplex

    405-407 W Cottonwood Street, Freeport, IL 61032

    $75,000

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

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    Tenant-Occupied Triplex with Garage
    Tenant-Occupied Triplex with Garage

    416 S Van Buren Avenue, Freeport, IL 61032

    $53,000

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

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    Tenant-Occupied Duplex Investment
    Tenant-Occupied Duplex Investment

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

    $97,000

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

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 12 Active listings in Freeport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Side-by-Side Duplex for Investment
    Side-by-Side Duplex for Investment

    1420 9th Street, Monroe, WI 53566

    $280,000
    2,600 sqft

    Remodeled side-by-side duplex on a corner lot with two off-street parking stalls and separate utilities for each unit.

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    Mixed-Use Apartment Building with Office Space
    Mixed-Use Apartment Building with Office Space

    102 E Market Street, Mount Carroll, IL 61053

    $399,000
    6,638 sqft

    Brick apartment building offers commercial office space plus multiple residences, with a main-level unit added in 2018 under permit.

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    Downtown Mixed-Use Building with Apartments
    Downtown Mixed-Use Building with Apartments

    101 West Market Street, Mount Carroll, IL 61053

    $214,000
    7,768 sqft

    Corner building includes open retail space on the main level and four upstairs apartments.

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    All-Brick Side-by-Side Duplex
    All-Brick Side-by-Side Duplex

    W6110 County Road B, Monroe, WI 53566

    Contact for pricing

    All-brick side-by-side duplex with two one-bedroom, one-bath units, each with in-unit laundry and private entrances.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

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    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

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    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

    Value Estimation by Request
    View details

    Freeport, IL Multifamily Properties Market Trends and Statistics

    Explore 13 multifamily properties for sale in Freeport, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 17,463 square feet of properties for sale, with an estimated market value of $1,562,700.

    Sale prices for multifamily properties in Freeport, IL start at $44,900, averaging $142,063, and reaching up to $459,900 — 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 6
    Quadplexes 2
    Triplexes 2
    Apartment buildings 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 $137.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Stephenson County

    New Delisted

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