Freeport, IL Residential income properties for sale

Freeport Duplex: Owner-Occupant Opportunity

$200,000

2,560 SF

Freeport Duplex: Owner-Occupant Opportunity

404-406 E Prospect Terrace, Freeport, IL 61032

Two-story duplex with separate utilities, ideal for owner-occupants.

Two‑story duplex with 2 bedrooms and 1 bathroom in each unit
Main floor unit includes a separate dining room and hardwood flooring
Kitchens feature new vinyl plank flooring (main floor and upper unit)
Main floor laundry hookups available and appliances include refrigerator and stove/cooktop
Separate basement access and separate utilities for each unit

Updated: Mar 11

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$459,900

Freeport Mixed-Use Investment Opportunity

222 West Exchange Street, Freeport, IL 61032

Downtown Freeport multi-level property with residential and commercial spaces.

Multiple Income Streams: Diversified revenue from residential loft and 21 commercial spaces.
Prime Downtown Location: High visibility and proximity to dining, retail, and civic amenities.
Residential Loft Apartment: Five‑bedroom loft suitable for executive housing, rental, or owner occupancy.
Functional Elevator: Enhances accessibility for all tenants and customers.
Ample On‑Site Parking: Convenient for tenants and customers.

Updated: Dec 11, 2025

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$45,000

1,652 SF

Two-Unit Duplex With One Vacant Unit

Two-story duplex with one occupied 2-bed unit and one vacant 1-bed unit, sold as-is.

251 W Homer Street, Freeport, IL 61032

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Freeport Commercial Building and Triplex

$319,900

4,900 SF

Freeport Commercial Building and Triplex

Commercial building and triplex with long-term tenants for sale.

2143 - 2145 West Galena Avenue, Freeport, IL 61032

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$125,000

Freeport IL Duplex For Sale

Well-maintained duplex, part of a larger portfolio opportunity.

1258 S Galena Avenue, Freeport, IL 61032

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Freeport Duplex: Rehab Opportunity

Two-unit duplex in Freeport, Illinois, needs complete renovation.

105 W Pleasant Street, Freeport, IL 61032

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Freeport Three-Unit Residential Property

$124,900

2,300 SF

Freeport Three-Unit Residential Property

Three-unit property with separate utilities and remodeled lower unit.

602 S West Avenue, Freeport, IL 61032

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$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

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$120,000

Duplex on Corner Lot

Duplex with recent updates and tenant-paid utilities.

1002 Oak Avenue S, Freeport, IL 61032

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 9 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.

$538,000

0.24 Acres

Like-New Duplex with 1-Car Garage

Like-new duplex with modern interior features, main-floor laundry, and a full basement for flexible additional living space.

1423 - 1425 21st Street, Monroe, WI 53566

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$214,000

7,768 SF

Downtown Mixed-Use Corner Building

Corner mixed-use building combines main-floor retail with four upstairs apartments and a walkout lower level.

101 W Market Street, Mount Carroll, IL 61053

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$399,000

6,638 SF

Mixed-Use Brick Office and Apartments

Brick mixed-use building with soundproof office spaces and multiple renovated apartments, including a main-level unit with permit requirements.

102 E Market Street, Mount Carroll, IL 61053

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$375,000

Turnkey Multifamily in Monroe, WI

Four-unit multifamily property in Monroe, Wisconsin, ideal for investors.

1322 17th Avenue, Monroe, WI 53566

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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.

$59,000

2.65 Acres

Vacant Lot in Lena, IL

Build your dream home in a charming small town.

9648 W Royal Oaks Court, Lena, IL 61048

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$51,000

2.11 Acres

Vacant Lot in Lena, Illinois

Ideal vacant lot in a charming small town.

9623 W Deerfield Lane, Lena, IL 61048

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$49,000

2.11 Acres

Vacant Lot in Lena, IL

Ideal vacant lot in a charming small town.

9717 W Deerfield Lane, Lena, IL 61048

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$42,000

2.00 Acres

Vacant Lot in Lena, IL

Build your dream home in a charming small town.

5314 N Timber Ridge Road, Lena, IL 61048

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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.

Multifamily properties

Value Estimation by Request

7 Iroquois St, Freeport, IL 61032

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Freeport, IL Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Freeport, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 11,412 square feet of properties for sale, with an estimated market value of $689,800.

Sale prices for residential income properties in Freeport, IL start at $45,000, averaging $172,450, and reaching up to $319,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
61032	$174.4K

Neighborhood

Average Price

61032

$174.4K