USAILFreeport404-406 E Prospect Ter
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404-406 E Prospect Ter, Freeport, IL

Real Estate

For Sale

Listed price in listed location currency (USD).
$200,000

002

MLS® 202601322

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2560 sqft
Garage No
Taxes $1,501
Days Active 1
Lot Size 
Approx. Age 1897
Avg. Price Per Sqft $78
MLS® Number 202601322

Property Address: 404-406 E Prospect Ter, Freeport, IL, 61032-5673

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number202601322
Laundry LevelLaundry in Unit
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1897
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$200,000List Price
  • Commute

Commute

Starting Address
Destination Address
404-406 E Prospect Ter, Freeport, IL

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