For Sale
$8,000,000

7 Iroquois St Freeport, IL 61032

272 Units, Freeport Area, $8M

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a portfolio of 272 units across various properties in Freeport, Illinois, and surrounding towns including Polo, Forreston, Ridott, Mount Carroll, and Warren. The portfolio comprises a mix of single-family homes and duplexes, strategically located throughout Stephenson and Ogle Counties. Properties are situated at various addresses within the specified towns, offering a diversified geographic footprint. The portfolio generates a substantial monthly gross income exceeding $140,000, with rental rates ranging from $408 to $1200 per month. This presents a compelling opportunity for investors seeking significant scale and income potential in a stable market. The asking price for this substantial multifamily portfolio is $8,000,000. The portfolio includes 191 mixed properties. All properties are located in Illinois, with zip codes ranging from 61014 to 61087. This diverse portfolio offers a unique opportunity for significant returns. The portfolio's location in Freeport and surrounding areas provides access to a strong rental market. The mix of single-family homes and duplexes provides flexibility and diversification for investors. The substantial monthly income stream offers a strong return on investment. This is a rare opportunity to acquire a large-scale multifamily portfolio in a desirable location. The portfolio's size and income potential make it an attractive investment for experienced real estate investors. The opportunity to acquire a portfolio of this size and quality is rare and should not be missed.

Property Details for 7 Iroquois St

Property type
Residential income homes
Units
272

Location Insight

City
Freeport
County
Stephenson
State
Illinois
Latitude
42.2940053
Longitude
-89.6159864

FAQs

What type of property is this?
Residential income home - 272 Units, Freeport Area, $8M
Where is the residential income home located?
The property is located at 7 Iroquois St Freeport, IL.
What is the asking price?
The asking price for this property is $8,000,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7 Iroquois St
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