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328 W Douglas St
Freeport, IL 61032
Multifamily Property For Sale
·
2 Units
Investment Highlights
- 2 HOuses on 1 parcel
- You pay taxes and insurance only
Executive Summary
Two houses on 1 parcel.
211 Cherry 3 BR 2 bath 1162 SF Rent $750
328 W Douglas 3 BR 1 bath , 1921 SF, rent $695.
Larger portfolio available
211 Cherry 3 BR 2 bath 1162 SF Rent $750
328 W Douglas 3 BR 1 bath , 1921 SF, rent $695.
Larger portfolio available
Property Facts Under Contract
| Price Per Unit | $52,450 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 15.71% | Building Size | 2,300 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price Per Unit | $52,450 |
| Sale Type | Investment |
| Cap Rate | 15.71% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,300 SF |
| No. Stories | 2 |
| Year Built | 1954 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $722.50 | 1,138 - 1,162 |
Property Taxes
| Parcel Number | 18-14-31-133-008 | Improvements Assessment | $12,644 |
| Land Assessment | $1,434 | Total Assessment | $14,078 |
Property Taxes
Parcel Number
18-14-31-133-008
Land Assessment
$1,434
Improvements Assessment
$12,644
Total Assessment
$14,078
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