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24 property portfolio in Freeport IL 1 Multifamily Properties Offered at $2,911,005 CAD in Freeport, IL



Investment Highlights
- 100 % occupied
- Owner will divide
- Diverse portfolio
Executive Summary
This is a rare opportunity to acquire a well-maintained 24-property rental portfolio located in the affordable and investor-friendly market of Freeport, Illinois. The portfolio consists of 18 single-family homes and 3 duplexes (totaling 24 units), offering a balanced mix of stable residential income streams.
The properties are described as very well maintained, with many benefiting from ongoing updates, professional management, and solid tenant occupancy—making this an ideal turnkey or near-turnkey investment.
Several of the duplex assets—similar to other listings in the area—are often part of larger bundled portfolios and can be sold individually or collectively, providing flexibility for both small and large investors .
Investment Highlights
24 total units: 18 single-family homes + 3 duplexes
Diversified asset mix reduces vacancy risk
Strong in-place cash flow with existing tenants (typical for portfolios in this market)
Well-maintained condition minimizes immediate capex
Scalable acquisition – owner willing to divide portfolio
Market Advantage – Freeport, IL
Freeport is known for its low entry price point, with many properties trading near or even below $100K, especially for multifamily and rental units
The properties are described as very well maintained, with many benefiting from ongoing updates, professional management, and solid tenant occupancy—making this an ideal turnkey or near-turnkey investment.
Several of the duplex assets—similar to other listings in the area—are often part of larger bundled portfolios and can be sold individually or collectively, providing flexibility for both small and large investors .
Investment Highlights
24 total units: 18 single-family homes + 3 duplexes
Diversified asset mix reduces vacancy risk
Strong in-place cash flow with existing tenants (typical for portfolios in this market)
Well-maintained condition minimizes immediate capex
Scalable acquisition – owner willing to divide portfolio
Market Advantage – Freeport, IL
Freeport is known for its low entry price point, with many properties trading near or even below $100K, especially for multifamily and rental units
Property Facts
| Price | $2,911,005 CAD | Number of Properties | 24 |
| Price / SF | $980.80 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 10% | Total Building Size | 2,968 SF |
| Sale Type | Investment | Total Land Area | 0.09 AC |
| Status | Active |
| Price | $2,911,005 CAD |
| Price / SF | $980.80 CAD / SF |
| Cap Rate | 10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 24 |
| Individually For Sale | 0 |
| Total Building Size | 2,968 SF |
| Total Land Area | 0.09 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 428 W Homer St, Freeport, IL 61032 | Multifamily | 2,968 SF | 1907 | - |
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24 property portfolio in Freeport IL
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