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    Forreston, IL Residential Income Properties for Sale

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    Shannon, IL Lake Carroll, IL Freeport, IL
    Forreston Land with Income Potential
    $1,050,000
    1.20 Acres

    Forreston Land with Income Potential

    407 N Ash Ave, Forreston, IL

    Land with income potential in Forreston, Illinois.

    • Ability to achieve a cash‑on‑cash return of 21.46% by year three
    • Potential to achieve a total operating income of $225,158 by year five
    • Estimated value in year three of ~$2,200,000 based on our underwriting at a 7.00% cap rate
    • Partial seller financing available: $115k amount, 6.00% interest rate, 3‑5 year term
    • Stabilized community with upside through infilling the remaining five vacant sites
    Updated: Apr 24, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Forreston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Well-Maintained Duplex Near Downtown
    $169,900

    Well-Maintained Duplex Near Downtown

    Versatile duplex near downtown, riverfront, and hospital.

    324 E 2nd, Dixon, IL 61021
    View details
    Freeport Mixed-Use Investment Opportunity
    $129,900

    Freeport Mixed-Use Investment Opportunity

    Multi-use property in Freeport's Enterprise Zone with commercial and residential units.

    211 E Stephenson Street, Freeport, IL 61032
    View details
    Historic Church and Parsonage
    $165,000
    0.25 Acres

    Historic Church and Parsonage

    Unique property blending community space and residential living.

    103 E Morgan Street, Dixon, IL 61021
    View details
    Duplex on Corner Lot
    $120,000

    Duplex on Corner Lot

    Duplex with recent updates and tenant-paid utilities.

    1002 Oak Avenue S, Freeport, IL 61032
    View details

    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.

    Secluded 2.6 Acre Buildable Lot
    $50,000
    2.60 Acres

    Secluded 2.6 Acre Buildable Lot

    Private 2.6 acre buildable lot in Svoboda Woods.

    1000 Illinois, Oregon, IL 61061
    View details
    Buildable Lot with Hilltop Views
    $37,000
    0.65 Acres

    Buildable Lot with Hilltop Views

    0.65 acre buildable lot with mature wooded surroundings.

    980 Illinois, Oregon, IL 61061
    View details
    Buildable Lot in Svoboda Woods
    $33,000
    0.81 Acres

    Buildable Lot in Svoboda Woods

    0.81 acre buildable lot in peaceful, wooded Oregon, Illinois.

    404 Lillemor, Oregon, IL 61061
    View details
    Buildable Lot in Svoboda Woods
    Contact for pricing
    0.60 Acres

    Buildable Lot in Svoboda Woods

    Large city lot suitable for building a dream home.

    400 Lillemor, Oregon, IL 61061
    View details

    Forreston, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 1 residential income properties for sale in Forreston, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,050,000.

    Sale prices for residential income properties in Forreston, IL start at $1,050,000, averaging $1,050,000, and reaching up to $1,050,000 — 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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