404-406 E Prospect Terrace, Freeport, IL 61032
Local realty services provided by:CENTURY 21 Affiliated
404-406 E Prospect Terrace,Freeport, IL 61032
$200,000
- - Beds
- - Baths
- 2,560 sq. ft.
- Multi-family
- Active
Listed by: olga kampmeier
Office: keller williams realty signature
MLS#:202601322
Source:IL_RAAR
Price summary
- Price:$200,000
- Price per sq. ft.:$78.13
About this home
Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Two-story duplex featuring 2 bedrooms and 1 bathroom in each unit. The main floor unit offers a spacious living room and separate dining room with hardwood flooring, plus a kitchen with new vinyl plank flooring and main floor laundry hookups. The upper unit features a light-filled living room, separate dining room, and kitchen with new vinyl plank flooring. Property also includes separate basement access, separate utilities, and updated 100-amp service. Great opportunity for an owner-occupant or investor. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $200,000 purchase price with payments as low as $1,395/month. Security deposit may be applied toward the down payment, and the first month’s rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity....
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Home facts
- Listing ID #:202601322
- Added:98 day(s) ago
- Updated:June 18, 2026 at 01:11 PM
Rooms and interior
- Kitchen Description:Refrigerator, Stove/Cooktop
- Basement Description:Full
- Living area:2,560 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Building area:2,560 sq. ft.
- Construction Materials:Stucco
- Levels:1 Story
Schools
- High school:Freeport 145
- Middle school:Freeport 145
- Elementary school:Freeport 145
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$200,000
- Price per sq. ft.:$78.13
Features and amenities
- Laundry features:Laundry In Unit
- Amenities:Gas Water Heater, Laundry In Unit
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