$53,000
SOLD MAR 21, 2025

216 E Washington St Freeport, IL 61032

-- Bed
-- Bath
1,672 Sq Ft
5,532 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

12% Below List Price

279 Days on Market

About This Home

As of March 2025

15 % + pro forma return on this nice maintenance free duplex Consisting of Two 2 BR units with all separate utilities. Lower rented month to month $450 to long term tenant, upper rent vacant and projected at $500. Owner is licensed Illinois real estate broker. Please bring any reasonable offer, property must close this year

Last Agent to Sell the Property

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 04/18/2024

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $974

Year Built

  • Built in 1927

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Outdoor Features

  • Covered Patio or Porch

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$974

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 860
  • General Features: Porch Covered
  • Legal Description: PT LOT 3 BLK 19 ORIG TOWN FREEPORT
  • Lvt Date: 04/18/2024
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1672
  • Hold Earnest Money Y N: No
  • Pertinent Facts: 15 % + pro forma return on this nice maintenance free duplex Consisting of Two 2 BR units with all separate utilities. Lower rented month to month $450 to long term tenant, upper rent vacant and projected at $500. Owner is licensed Illinois real estate broker. Please bring any reasonable offer, property must close this year
  • Designated Managing Broker Y N: Yes
  • Potential Annual Expenses: 1474
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1672
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Utilities

  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1927

Tax Info

  • Year: 2022
  • Taxes: 974

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2003
Current Estimated Value
$60,875
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Executors Deed $21,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $53,000 -11.7% $32 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
12/09/2024 12/09/24 For Sale $60,000 0.0% $36 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $60,000 -9.3% $36 / Sq Ft
04/18/2024 04/18/24 For Sale $66,173 -- $40 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,287 $11,498 $423 $11,075
2023 $1,276 $10,030 $437 $9,593
2022 $966 $7,784 $437 $7,347
2021 $332 $2,538 $423 $2,115
2020 $330 $2,538 $423 $2,115
2019 $303 $2,299 $423 $1,876
2018 $296 $2,244 $423 $1,821
2017 $291 $2,206 $423 $1,783
2016 $291 $2,229 $423 $1,806
2015 $438 $3,404 $422 $2,982
2013 $681 $5,695 $445 $5,250
Source: Public Records

Agents Affiliated with this Home

  • Brian Borchardt

    Seller's Agent in 2025

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    240 in this area

    395 Total Sales

    Brian Borchardt
    Section Image

  • N

    Buyer's Agent in 2025

    NON-NWIAR Member

    NorthWest Illinois Alliance of REALTORS®

    NON-NWIAR Member
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202401757

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-277-008

Illinois Stephenson County Freeport 61032

216 E Washington St, Freeport, IL

Sold

MultiFamily

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