404-406 E Prospect Terrace, Freeport, IL 61032
Local realty services provided by:CENTURY 21 North East
404-406 E Prospect Terrace,Freeport, IL 61032
$200,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: olga kampmeier
Office: keller williams realty signature
MLS#:12590298
Source:MLSNI
Price summary
- Price:$200,000
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
- Year built:1897
- Listing ID #:12590298
- Added:2 day(s) ago
- Updated:March 14, 2026 at 11:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement:Yes
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1897
- Lot area:0.25 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$200,000
- Tax amount:$1,501 (2024)
Parking
- Total parking spaces:2
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