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Multifamily

Freeport SFH Portfolio

118 N Harlem Ave, Freeport, IL 61032

Listing Price: $5,800,000

Cap Rate
7.42%
Number of Units
104
Occupancy
91.0%
Price/Unit
$55,769

Investment Overview

Marcus & Millichap – is pleased to present this rare single family home real estate opportunity in the city of Freeport, Illinois. The subject portfolio is located about 114 miles northwest of Chicago, 30 miles west of Rockford and 60 miles south of Madison, Wisconsin. The unit mix for the subject portfolio consists of 31 two-bedroom units that measure 1,150 square feet on average; 59 three-bedroom units that measure 1,350 square feet on average and 11 four-bedroom units that measure 1,600 square feet on average.

Investment Highlights

  • 81 Buildings; 100 Units; Built in 1900
  • Tenant Paid Water, Sewer, Electric, Gas
  • Vinyl Plank, Carpet, and Tile; Washer/Dryer Hookups; Range, Refrigerator

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Multifamily

Freeport SFH Portfolio

Listing Price: $5,800,000

Cap Rate
7.42%
Number of Units
104
Occupancy
91.0%
Price/Unit
$55,769

Investment Highlights

  • 81 Buildings; 100 Units; Built in 1900
  • Tenant Paid Water, Sewer, Electric, Gas
  • Vinyl Plank, Carpet, and Tile; Washer/Dryer Hookups; Range, Refrigerator

Investment Overview

Marcus & Millichap – is pleased to present this rare single family home real estate opportunity in the city of Freeport, Illinois. The subject portfolio is located about 114 miles northwest of Chicago, 30 miles west of Rockford and 60 miles south of Madison, Wisconsin. The unit mix for the subject portfolio consists of 31 two-bedroom units that measure 1,150 square feet on average; 59 three-bedroom units that measure 1,350 square feet on average and 11 four-bedroom units that measure 1,600 square feet on average.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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