NOT LISTED FOR SALE

440 W Exchange St Freeport, IL 61032

-- Bed
-- Bath
3,662 Sq Ft
1857 Built

Last Sold February 28, 2014

Last sale price $47,900 $13 Per Sq Ft

171 Days on Market

About This Home

As of February 2014

25 % + retur on A real cash machine ! Stately 4 unit building consisting of: Two 1 BR units and Two 2 BR units. Owner pays heat ( new boiler in 2012) and water, tenants pay electric. Two long term tenants ( one 7 years and one 13 years ) . Leases available. Annual expenses are: Taxes $1954; Water $1900; Gas $2850; Common electric $300. Rents could be raised considerably. This is a very long term owner selling for health reasons. Don't miss out on this one !

Last Listed By

Brian Borchardt

A-1 AGENCY License #471004534 Listed on: 08/18/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,952

Year Built

  • Built in 1857

Home Design

  • Shingle Roof

Interior Spaces

  • 3,662 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Range

Schools

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

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Septic System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,952

Year Built

Built in 1857

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 29
  • Grid: Freeport
  • Rear: 29
  • Side 1: 137
  • Side 2: 137
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 17907
  • Number Of Units In Bldg: 4
  • Potential Income: 20100
  • Agent Only_ L A1 User Code: F_5
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 3662
  • Pertinent Facts: 25 % + retur on A real cash machine ! Stately 4 unit building consisting of: Two 1 BR units and Two 2 BR units. Owner pays heat ( new boiler in 2012) and water, tenants pay electric. Two long term tenants ( one 7 years and one 13 years ) . Leases available. Annual expenses are: Taxes $1954; Water $1900; Gas $2850; Common electric $300. Rents could be raised considerably. This is a very long term owner selling for health reasons. Don't miss out on this one !
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: 7400
  • Separate Electric: Yes
  • Separate Heat: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • L O1 Brokerage Number: 481000348
  • S O1 Brokerage Number: 478005994
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 13.08
  • Basement: Yes

Exterior Features

  • Exterior: Aluminum
  • Roof: Shingle

Utilities

  • Heating: Natural Gas
  • Sewer: Septic
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Freeport 145
  • Elementary School: Freeport 145
  • Middle School: Freeport 145
  • High School: Freeport 145

Building Info

  • Year Built: 1857

Tax Info

  • Year: 2012
  • Taxes: 1952

MLS Schools

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

Range of Values:

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Sold Price
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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 Change Sq Ft Price
02/28/2014 02/28/14 Sold $47,900 -20.0% $13 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
08/18/2013 08/18/13 For Sale $59,900 -- $16 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Borchardt

    Seller's Agent in 2014

    Brian Borchardt

    A-1 AGENCY

    (815) 238-2015

    475 Total Sales

    Brian Borchardt
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 125954

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-31-154-019

Illinois Stephenson County Freeport 61032

440 W Exchange St, Freeport, IL

Homes for Sale in Freeport, IL

This home is located at 440 W Exchange St, Freeport, IL 61032 since 18 August 2013. This property was built in 1857. 440 W Exchange St is a home located in Stephenson County with nearby schools including Freeport High School and Aquin Elementary School.

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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