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$650,000   Price Analysis
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2088 W Galena Ave
Freeport, IL 61032
Unknown bed None bath 7,776 SqFt ($83/SqFt)
Built 1964
Listed 2023-12-26		✓ USDA Eligible
near Freeport, IL
 Restrictions may apply
due to home size

A real money maker in Freeport !

* Sale Pending *

Property consists of Twelve 1 Br apartments in main section ( 6 on each floor ) and an additional 3 Br unit in the basement. Newer roof and central boiler. Coinop laundry, clean phase I, over 10 % pro forma return.

Call for additional details. Rent roll and list of expenses available with NDA and proof of financil ability. Seller is a licensed IL broker but is not associated with listing office.


Presented by Brian Borchardt at
A-1 Agency.
Listing Agent Photo

Property MLS #202307253 from NorthWestILAlliance

Refrigerator
Stove/Cooktop

Basement Features: Full

Cooling Features: Wall Unit
Heating Features: Natural Gas

Brick/Stone

Parking Total: 30

Elementary School: Freeport 145
High School: Freeport 145
Middle School: Freeport 145
School District: Freeport 145

Freeport High School is a public high school located approximately 1.9 miles away.
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Lincoln-Douglas Elementary School is a public elementary school located approximately 0.4 miles away.
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Willowglen-Brewster is a private elementary, middle and high school located approximately 0.6 miles away.
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Freeport Alternative High School is a public middle and high school located approximately 1.9 miles away.
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Number of Units: 13
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 3
Total Rooms in Unit-5: 3
Total Rooms in Unit-6: 4
Unit-1 Square Feet: 432
Unit-2 Square Feet: 432
Unit-3 Square Feet: 432
Unit-4 Square Feet: 432
Unit-5 Square Feet: 400
Unit-6 Square Feet: 864
Unit 1 Total Actual Rent: 600
Unit 3 Total Actual Rent: 600
Unit 4 Total Actual Rent: 600
Unit 5 Total Actual Rent: 600
Unit 6 Total Actual Rent: 1000

Maintenance Expense: 1

Balcony
Laundry in Building
Annual Tax Amount: 11077
Source Listing Status: Pending No Show
County: Stephenson County
Tax Year: 2022
Source Property Type: MULTIFAMILY
Insurance Expense: 1
Area: Freeport
Source Neighborhood: Freeport
Parcel Number: 181326426027
Professional Management Expense: 1
Property Subtype: 5+ Units
Source System Name: C2C

Price Changed 2024-02-27
$650,000
NorthWestILAlliance
Price Changed 2024-01-26
$675,000
NorthWestILAlliance
Listed 2023-12-26
$725,000
NorthWestILAlliance
Listing removed 2009-02-01
$399,900
Freeport
Listed 2008-06-30
$399,900
Freeport

Total Square Feet Living: 7776
Year Built: 1964
Above Grade Finished Area: 5184
BelowGradeFinishedArea: 2592
Property Age: 60
Roof: Shingle
Levels or Stories: 2 Story
House Style: 2 Story
Total Above Grade Sqft Area: 2592
Total Area Main: 2592

Electric: Circuit Breaker
Sewer: City
Water Source: City

Other Equipment: Gas
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