55-57 Greenfield Drive, Freeport, IL, 61032

$135,000

3

Beds

1

Bath

About 55-57 Greenfield Drive

Discover this charming duplex investment opportunity that delivers steady rental income. This 3-bedroom, 1-bathroom property features an up-and-down floor plan that maximizes space and privacy for tenants. Built in 1970, this 1.5-story garden-style apartment building sits proudly on a generous third-of-an-acre lot, offering plenty of room for outdoor activities and parking. Currently generating $1,300 monthly from both units at $650 each. The thoughtful duplex design ensures each unit maintains its independence while sharing the benefits of a well-maintained building. The spacious lot provides excellent curb appeal and potential for future improvements or simply enjoying the extra space. The garden-style architecture offers single-story living comfort with the efficiency of multi-unit ownership. Each unit provides comfortable living space with practical layouts that tenants appreciate. The established rental rates demonstrate market acceptance and provide immediate cash flow for savvy investors.

Additional Information: This property is located in the Freeport neighborhood, IL. This 3 bedrooms two to four units property is priced at $135,000.

Facts & Features

MLS® # 12500413
Price $135,000
Bedrooms 3
Bathrooms 1.00
Taxes $3,357
Acres 0.00
Year Built 1970
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 55-57 Greenfield Drive
Area Freeport
City Freeport
County Stephenson
State IL
Zip Code 61032

Amenities

Parking Spaces 2
Parking On Site, Garage Owned, Attached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement None

Exterior

Exterior Vinyl Siding

School Information

District 145

Additional Information

Days on Market 10
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $3,357

Listing Details

OfficeDickerson & Nieman Realtors - Rockford
Contact Info815-227-5900

Listing Map

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