Residential Income

Freeport, IL Residential Income Properties for Sale

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10 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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Commercial Income Property
Updated: Jul 16
Commercial Income Property

2143 - 2145 West Galena Avenue, Freeport, IL 61032

$319,900
Commercial property with 51' x 96' main building and 12' ceilings, built in 1997
Includes a 24' x 30' storage building
Includes a 20' x 30' Quonset building with 14' ceiling, erected in 1961
Triplex built in 1948 with long‑term tenants
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Mixed-Use Income Building with Elevator
Mixed-Use Income Building with Elevator

222 West Exchange Street, Freeport, IL 61032

$459,900

Multi-level building includes a second-level five-bedroom loft apartment and 21 rentable commercial spaces.

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4-Unit Quadplex
4-Unit Quadplex

16-18 N Green Avenue, Freeport, IL 61032

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4,075 sqft

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

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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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Downtown Mixed-Use Income Property
Downtown Mixed-Use Income Property

211 East Stephenson Street, Freeport, IL 61032

$129,900
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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Two-Story Duplex Income Property
Two-Story Duplex Income Property

404-406 E Prospect Terrace, Freeport, IL 61032

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Two-story duplex offers two 2-bedroom, 1-bath units with separate basement access and updated 100-amp service.

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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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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 19 Potential Opportunities for your consideration. Besides 10 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.

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

101 West Market Street, Mount Carroll, IL 61053

$265,500
7,768 sqft

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

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

1420 9th Street, Monroe, WI 53566

$299,000
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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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.

Vacant Lot in Lena, IL
Vacant Lot in Lena, IL

9648 W Royal Oaks Court, Lena, IL 61048

$59,000
2.65 AC lot

Build your dream home in a charming small town.

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Vacant Lot in Lena, Illinois
Vacant Lot in Lena, Illinois

9623 W Deerfield Lane, Lena, IL 61048

$51,000
2.11 AC lot

Ideal vacant lot in a charming small town.

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Vacant Lot in Lena, IL
Vacant Lot in Lena, IL

9717 W Deerfield Lane, Lena, IL 61048

$49,000
2.11 AC lot

Ideal vacant lot in a charming small town.

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Vacant Lot in Lena, IL
Vacant Lot in Lena, IL

5314 N Timber Ridge Road, Lena, IL 61048

$42,000
2.00 AC lot

Build your dream home in a charming small town.

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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
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Freeport, IL Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Freeport, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 8,663 square feet of properties for sale, with an estimated market value of $1,374,700.

Sale prices for residential income properties in Freeport, IL start at $53,000, averaging $171,837, 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

Multifamily properties 8
Duplexes 4
Quadplexes 2
Triplexes 2

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 $183.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stephenson County

New Delisted

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