NOT LISTED FOR SALE

408 E Iroquois St Freeport, IL 61032

2 Beds
3 Baths
3,680 Sq Ft
1893 Built

Last Sold July 14, 2020

Last sale price $32,500 $9 Per Sq Ft

13 Days on Market

Highlights

  • Brick or Stone Mason
  • Baseboard Heating
  • Wood Siding
  • Forced Air Heating System

About This Home

As of July 2020

Monthly income $1,485! Great location, high traffic and visibility! Opportunity to live and work way below current rental prices. Upstairs has 2 one bedroom apartments with quite a bit of storage, kitchen with dining area, refrigerator, stove and door to covered porch. Main floor has 1 efficiency apartment with Barber shop. Could be all rental or some retail/service space. Main floor has additional salon space with a half bath. Main floor center has retail space that has a full bath. All separate utilities.

Last Agent to Sell the Property

Aubra Palermo

RE/MAX Unites License #471007310 Listed on: 06/19/2020

RE/MAX Unites

Last Buyer's Agent

Tracy Shuman

Re/Max Professional Advantage License #475186887

Re/Max Professional Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $920

Year Built

  • Built in 1893

Home Design

  • Brick or Stone Mason
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 3,680 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Schools

  • Freeport Elementary School
  • Freeport Jr High Middle School
  • Freeport High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • 3 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$920

Year Built

Built in 1893

Listing Details

  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 3680
  • Front: 52
  • Legal Description: to follow in deed
  • Lvt Date: 06/20/2020
  • Rear: 52
  • Side 1: 120
  • Side 2: 120
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 6965
  • Calculate Cap Rate: Yes
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 3
  • Agent Only_ L A1 User Code: 4742
  • Elementary School: Freeport
  • Pertinent Facts: Monthly income $1,485! Great location, high traffic and visibility! Opportunity to live and work way below current rental prices. Upstairs has 2 one bedroom apartments with quite a bit of storage, kitchen with dining area, refrigerator, stove and door to covered porch. Main floor has 1 efficiency apartment with Barber shop. Could be all rental or some retail/service space. Main floor has additional salon space with a half bath. Main floor center has retail space that has a full bath. All separate utilities.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Wood
  • Roof: Rubber

Utilities

  • Cooling: Wall Unit, Window Unit
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Building Info

  • Year Built: 1893

Tax Info

  • Year: 2018
  • Taxes: 920

MLS Schools

  • HighSchool: Freeport High
  • School District: Freeport 145
  • Middle School: Freeport Jr High
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $32,500 -14.2% $9 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $37,900 -- $10 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $877 $7,828 $930 $6,898
2023 $938 $7,380 $877 $6,503
2022 $916 $7,380 $877 $6,503
2021 $936 $7,150 $850 $6,300
2020 $930 $7,150 $850 $6,300
2019 $942 $7,148 $852 $6,296
2018 $920 $6,965 $852 $6,113
2017 $920 $6,965 $852 $6,113
2016 $910 $6,965 $852 $6,113
2015 $897 $6,965 $852 $6,113
2013 $878 $7,346 $899 $6,447
Source: Public Records

Agents Affiliated with this Home

  • Aubra Palermo

    Seller's Agent in 2020

    Aubra Palermo

    RE/MAX Unites

    (815) 297-1778

    242 in this area

    397 Total Sales

    Aubra Palermo
    Section Image
  • Tracy Shuman

    Buyer's Agent in 2020

    Tracy Shuman

    RE/MAX

    (815) 994-0064

    64 in this area

    145 Total Sales

    Tracy Shuman
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202003240

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-293-015

Illinois Stephenson County Freeport 61032

408 E Iroquois St, Freeport, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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