55-57 Greenfield Drive Freeport, IL $ 135,000
55-57 Greenfield Drive
$ 135,000
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55-57 Greenfield Drive

Freeport, IL, 61032
$ 135,000
Bedrooms3 Baths1.0

Monthly Estimate*

$ 842

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Multi-Family Home for sale in Freeport, IL

for $135,000 with 3 bedrooms and 1 full bath. This home was built in 1970.

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.

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Multi-Family Active

Price

$ 135,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,357

Style

Year Built

1970

Town/City

Freeport

County/Region

Stephenson

MLS | Web ID

12500413

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Tenant's Rights
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1970
Township Freeport
Tax Year 2024
Ownership Fee Simple
County Stephenson
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 4
Status Active
Directions W Stephenson Street to N Greenfield Drive North
City Freeport
High School District 145
MLS Area Freeport
Tax Annual Amount 3357.48
Standard Status Active
Middle/Junior School District 145
Elementary School District 145
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Interior
Basement None
Total Bedrooms 3
Total Baths 1
Bedrooms Possible 3
Full Baths Building 1
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features On Site Garage Owned Attached Garage
Water Source Public
Total Parking 2
Lot Dimensions 75x96x172x180
Waterfront Y/N N
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* Excluded Features
List By
Dickerson & Nieman Realtors - Rockford

Broker

hotprop@aol.com

Email

Affordability Calculator

$1,122
Per Month
75%
25%
0%
Monthly Principal & Interest
$842
Monthly Property Taxes
$280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1539948 Elementary School
1539992 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2025$135,000 Listed Price

Map


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55-57 Greenfield Drive, Freeport, IL, 61032 is a Multi-Family Home for sale at $135,000. 55-57 Greenfield Drive has 3 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 61032 which is in Freeport, IL