Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

328 W Douglas St
Freeport, IL 61032
 Multifamily Property For Sale · 2 Units

Apartment Buildings Illinois Freeport 328 W Douglas St, Freeport, IL 61032

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 2 HOuses on 1 parcel
  • You pay taxes and insurance only

EXECUTIVE SUMMARY

Two houses on 1 parcel.
211 Cherry 3 BR 2 bath 1162 SF Rent $750
328 W Douglas 3 BR 1 bath , 1921 SF, rent $695.
Larger portfolio available

PROPERTY FACTS

Price Per Unit $73,216 CAD Building Class C
Sale Type Investment Lot Size 0.15 AC
Cap Rate 15.71% Building Size 2,300 SF
No. Units 2 No. Stories 2
Property Type Multifamily Year Built 1900
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low-Rise
Price Per Unit $73,216 CAD
Sale Type Investment
Cap Rate 15.71%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 2,300 SF
No. Stories 2
Year Built 1900
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $1,009 CAD 1,138 - 1,162
 

  • Listing ID: 37821859

  • Date on Market: 2025-09-25

  • Last Updated:

  • Address: 328 W Douglas St, Freeport, IL 61032

The Multifamily Property at 328 W Douglas St, Freeport, IL 61032 is currently available for Sale. Contact A-1 Agency for more information.

1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
328 W Douglas St, Freeport, IL for sale Primary Photo- Image 1 of 3
328 W Douglas
328 W Douglas St, Freeport, IL for sale Building Photo- Image 2 of 3
211 N Cherry

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.