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$99,900 Just Listed
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Property Description
Welcome to your next smart investment - a charming two-bedroom, one-bathroom home that blends comfortable living with serious income potential. Whether you're a first-time buyer looking for an affordable entry point or a savvy investor hunting for reliable rental returns, this property checks all the right boxes. Step inside and discover a well-maintained layout that makes every square foot count. The two bedrooms offer cozy retreats, while the full bathroom keeps morning routines refreshingly simple. A spacious basement opens up to a storage area. Outside, the generous lot size gives you room to breathe, garden, or simply enjoy an afternoon. Come and check it out.
Full Property Details
Full Property Details for 550 N Waddell Ave
General
- Price: $99,900
- Taxes: $848 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12640496
- Updated: 5/6/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 1
- Parking Features: Yes
Location
- Area: Freeport
- County: Stephenson
- Township: Freeport
- Driving Directions: W on Galena Ave to Waddell Ave
School Information
- School District: 145
- Elem School District: 145
- Midd School District: 145
- High School District: 145
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 720
- Sq. Ft. Source: Assessor
- Year Built: 1951
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.46
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 150 x 135
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1951
- Tax Amount: $848
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 18132535500600
Listed by Angela Schmidt Realty
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Schools
Schools serving 550 N Waddell Ave
School District:Freeport School District 145
| Name | Grades | Distance |
|---|---|---|
Lincoln-Douglas Elementary School 1700 West Laurel Street, Freeport, IL 61032 | PK-4 | 0.4 mi |
Freeport Middle School 701 West Empire Street, Freeport, IL 61032 | 7-8 | 1.4 mi |
Freeport High School 701 West Moseley Street, Freeport, IL 61032 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 N Waddell Ave
Date
Details
Price
Change
Source
5/06/2026
Listed
$99,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 550 N Waddell Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$848
-1%
$13,480
11%
2023
$853
12%
$12,160
—
2022
$765
38%
$12,160
23%
2021
$556
10%
$9,890
—
2020
$506
-12%
$9,890
-4%
2019
$573
-57%
$10,345
2%
2018
$1,335
157%
$10,102
2%
2017
$519
-60%
$9,931
-1%
2016
$1,310
165%
$10,031
2%
2015
$495
—
$9,846
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 550 N Waddell Ave
550 N Waddell Avenue, Freeport, IL 61032 (MLS# 12640496) is a Single Family property with 2 bedrooms and 1 full bathroom. 550 N Waddell Avenue is currently listed for $99,900 and was received on May 06, 2026. Want to learn more about 550 N Waddell Avenue? Do you have questions about finding other Single Family real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

