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305 S Adams Avenue

Freeport, IL 61032
  • $155,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 11764764
$155,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Freeport
Type:
Commercial
Built:
1892
County:
Stephenson
Area:
Freeport

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Description

7 unit building with laundry room. The second floor has 4 units with 2 bedrooms and 1 full bath. The first floor has 3 units with 1 bedroom and 1 full bath. Laundry room with 2 washers & 2 dryers on first floor. 5 units currently have tenants. Rent ranging as $475, 600, 600, 650, and 600. 2 units that need to be remodeled are a 2 bedroom and a 1 bedroom. Total current rent is $2,925. There are 3 parking spots and additional street parking.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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305 S Adams Avenue Freeport, IL 61032

  • Price: $155,000
  • Status: Active
  • On Site: 47 Days
  • MLS #: 11764764
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1892
Built
Neighborhood:
Freeport
County:
Stephenson
Area:
Freeport
Property Description
7 unit building with laundry room. The second floor has 4 units with 2 bedrooms and 1 full bath. The first floor has 3 units with 1 bedroom and 1 full bath. Laundry room with 2 washers & 2 dryers on first floor. 5 units currently have tenants. Rent ranging as $475, 600, 600, 650, and 600. 2 units that need to be remodeled are a 2 bedroom and a 1 bedroom. Total current rent is $2,925. There are 3 parking spots and additional street parking.
Exterior Features

Parking Total 3

Interior Features

Heat Ventilation Forced AirGas Number Of Dryers 2 Number Of Ranges 5 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Gross Income 2975 Gross Scheduled Income 3425 Insurance Expense 300 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 2900 Operating Expense 3000 Tax Annual Amount 1481 Tax Year 2021 Tenant Pays ElectricityHeatSewer Total Monthly Income 2975 Township Freeport Type Multi Family 5+

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Black Castle Properties: 815-708-0141.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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