19 % pro forma return on a nice brick tri-plex ! 14,000 + /year annual income ! 3 unit all brick building, tenants pay all utilities. owner pays taxes and insurance only 2 long term tenants, one unit vacant.
Sold for $69,000 on 11/13/23
$69,000
510-512 S Cherry Ave, Freeport, IL 61032
--beds
--baths
2,760sqft
3 - 4 Units
Built in 1923
-- sqft lot
$93,700 Zestimate®
$25/sqft
$1,166 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 13, 2023 at 01:02pm
Listed by:
BRIAN BORCHARDT 815-238-2015,
A-1 Agency
Bought with:
BRIAN BORCHARDT, 471004534
A-1 Agency
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202305032
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Oven, Natural Gas Water Heater
- Laundry: In Unit
Features
- Basement: Full
Interior area
- Total structure area: 2,760
- Total interior livable area: 2,760 sqft
- Finished area above ground: 2,760
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Dimensions: 34 x 82 x 54 x 99
Details
- Additional parcels included: no
- Parcel number: 181431328007
- Zoning: R-7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 - 4 Units
Materials
- Brick/Stone
- Roof: Shingle
Condition
- Year built: 1923
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & neighborhood
Location
- Region: Freeport
- Subdivision: IL