1101 S Galena Ave Freeport, IL 61032
4
Beds
2
Baths
--
Sq Ft
7,405
Sq Ft Lot
About This Home
As of May 2025Investors' Dream Opportunity! Situated on a major street leading to downtown Freeport. This property features a 2-3 unit duplex, consisting of two 2-bedroom units, each with 1 bathroom. There is a garage on the premises currently rented out to a long-term tenant since 2009. The basement was previously a unit and has the potential to be converted back. The upper unit received new flooring and paint in 2023, and a new water heater and Furnace was installed in 2024. Both units are vacant, allowing for convenient showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,468
Year Built
- Built in 1967
Lot Details
- Lot Dimensions are 140x140x95x95
- Paved or Partially Paved Lot
Home Design
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- Driveway
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Insurance Expense $500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2023
Closed on
Jun 2, 2023
Sold by
Ar Avid Homes Llc
Bought by
Quarzenski Jason
Seller's Agent
Ashley Heilman
Welcome Home NW Illinois, Inc.
Buyer's Agent
Faye Heilman
WELCOME HOME NW ILLINOIS, INC.
List Price
$58,000
Sold Price
$40,000
Premium/Discount to List
-$18,000
-31.03%
Views
131
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.11%
Purchase Details
Listed on
Dec 16, 2021
Closed on
Jan 27, 2022
Sold by
Tess Properties Llc
Bought by
Ar Avid Homes Llc
Seller's Agent
Brian Borchardt
A-1 AGENCY
Buyer's Agent
Brian Borchardt
A-1 AGENCY
List Price
$43,369
Sold Price
$36,970
Premium/Discount to List
-$6,399
-14.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Purchase Details
Closed on
Jan 9, 2009
Similar Home in Freeport, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $38,500 | -- | |
| Deed | $36,970 | -- | |
| Warranty Deed | $22,604 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Rent | $900 | 0.0% | -- |
| 05/12/2025 05/12/25 | Sold | $54,000 | -10.0% | -- |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | Price Changed | $60,000 | +7.1% | -- |
| 04/17/2025 04/17/25 | For Sale | $56,000 | +40.0% | -- |
| 05/30/2023 05/30/23 | Sold | $40,000 | -7.0% | $23 / Sq Ft |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | Price Changed | $43,000 | -10.4% | $25 / Sq Ft |
| 03/05/2023 03/05/23 | Price Changed | $48,000 | -17.2% | $28 / Sq Ft |
| 01/30/2023 01/30/23 | For Sale | $58,000 | +56.9% | $33 / Sq Ft |
| 01/26/2022 01/26/22 | Sold | $36,970 | -14.8% | $17 / Sq Ft |
| 12/31/2021 12/31/21 | Pending | -- | -- | -- |
| 12/16/2021 12/16/21 | For Sale | $43,369 | -- | $19 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,368 | $12,215 | $419 | $11,796 |
| 2023 | $1,468 | $11,543 | $432 | $11,111 |
| 2022 | $1,100 | $8,860 | $432 | $8,428 |
| 2021 | $484 | $3,698 | $419 | $3,279 |
| 2020 | $481 | $3,698 | $419 | $3,279 |
| 2019 | $497 | $3,771 | $419 | $3,352 |
| 2018 | $485 | $3,673 | $419 | $3,254 |
| 2017 | $476 | $3,605 | $419 | $3,186 |
| 2016 | $476 | $3,645 | $419 | $3,226 |
| 2015 | $625 | $4,851 | $417 | $4,434 |
| 2013 | $781 | $6,535 | $440 | $6,095 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2025
Tracy Shuman
RE/MAX
-
A
Seller's Agent in 2023
Ashley Heilman
Welcome Home NW Illinois, Inc.
-
F
Buyer's Agent in 2023
Faye Heilman
WELCOME HOME NW ILLINOIS, INC.
-
B
Seller's Agent in 2022
Brian Borchardt
A-1 AGENCY
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12334628
APN: 18-14-31-479-013
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