Freeport, IL Residential income properties for sale

Updated: Aug 22

Mixed-Use Building with Loft

222 West Exchange Street, Freeport, IL 61032

$440,000

0.33 AC lot

21 individual rentable commercial spaces
Second‑level residential loft apartment with five bedrooms
Functional elevator within the building
0.33‑acre downtown Freeport property
On‑site parking

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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

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Renovated Two-Unit Duplex

1110 S Oak Ave, Freeport, IL 61032

$115,000

2,710 sqft

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

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Mixed-Use Building With Elevator

222 W Exchange St, Freeport, IL 61032

$440,000

17,353 sqft

Downtown property pairs a residential loft with multiple commercial rental spaces across several finished levels.

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24-Property Multifamily Portfolio

707-709 West Elk Street, Freeport, IL 61032

Contact for pricing

9,782,884 sqft

Fully leased multifamily portfolio comprising 24 properties.

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Four-Unit Apartment Building

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

$120,000

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

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Two-Story Duplex with Basements

23-25 W Iroquois Street, Freeport, IL 61032

$100,000

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

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4-Unit Quadplex

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

$130,000

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

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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-Unit Duplex

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

$54,000

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

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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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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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Two-Level Duplex

916 S Walnut Avenue, Freeport, IL 61032

$37,000

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

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Four-Unit Apartment Building

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

$90,000

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

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Occupied Quadplex with Garage

428-434 W Exchange Street, Freeport, IL 61032

$87,000

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

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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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Four-Unit Apartment Building

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

$82,000

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

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Two-Story Duplex

434 S State Avenue, Freeport, IL 61032

$79,000

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

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Two-Unit Duplex with Detached Garage

526 E Jefferson St, Freeport, IL 61032

$99,900

Up-and-down layout with basement laundry hookups, a detached two-stall garage, and a yard.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Freeport, IL, we suggest to view alternatives - similar 1 Off-Market properties 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.

Multifamily properties

7 Iroquois St, Freeport, IL 61032

Estimated value:

No data

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Freeport, IL Residential Income Properties Market Trends and Statistics

Explore 20 residential income properties for sale in Freeport, IL, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 9,802,947 square feet of properties for sale, with an estimated market value of $2,311,900.

Sale prices for residential income properties in Freeport, IL start at $37,000, averaging $128,438, and reaching up to $440,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
61032	$132K

Neighborhood

Average Price

61032

$132K