43-45 W Iroquois Freeport, IL 61032

Unit 43 is tenant occupied and they occupied 43 and 43 1/2 for $850 a month and pay all utilities in lease until 2/28/26. If rented separately there are not separate utilities for each unit. 45 is stand alone unit with separate utilities. Brand New flat roof - inside ceilings not repaired since new roof Property located in the Enterprise Zone. Zoned R-7 Seller will be doing at 1031 exchange Earnest Money to Security First Title Company Discover this unique investment opportunity featuring two homes on one lot.. Each building provides its own charm and functionality, with off-street parking and a storage shed. 43 Building enter through the main front door into a shared entryway providing access to two distinct units. The left unit step into an open living area with a step-down to a full bathroom with a shower. Continue to the eat-in kitchen, which offers direct access to the back patio. The right unit features a comfortable living room with stairs leading to two upstairs bedrooms. On the rest of the main floor, you'll find a full bathroom with shower only and an eat-in kitchen located at the rear of the home with access to back patio. Currently, both sides are being utilized as one single-family residence, but they can easily be converted back into two separate units for rental or dual occupancy. The second structure includes an attached garage and a one-bedroom living space. Enter through the garage into the living room, which connects to a smaller room currently set up for laundry with washer and dryer hookups and crawl space access. Off the living room is a full bathroom with a shower only. The entryway also leads to an eat-in kitchen, with the bedroom located toward the front of the unit. This rare multi-unit property offers versatility and income potential in one convenient package-perfect for investors or homeowners seeking a flexible living arrangement. Tenant occupied 48 hrs notice to show.