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$200,000
1 Day On Site

404-406 E Prospect Terrace
Freeport, IL 61032

For Sale|Multi Family|Active
4
Beds
2
Total Baths
1897
Built
County:
Stephenson
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams Realty Signature
Call Now: (847) 331-5221
Is this the listing for you? We can help make it yours.
(847) 331-5221
404-406 E Prospect Terrace404-406 E Prospect Terrace404-406 E Prospect Terrace404-406 E Prospect Terrace
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Mortgage Calculator

Monthly Payment (Est.)

$912
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Two-story duplex featuring 2 bedrooms and 1 bathroom in each unit. The main floor unit offers a spacious living room and separate dining room with hardwood flooring, plus a kitchen with new vinyl plank flooring and main floor laundry hookups. The upper unit features a light-filled living room, separate dining room, and kitchen with new vinyl plank flooring. Property also includes separate basement access, separate utilities, and updated 100-amp service. Great opportunity for an owner-occupant or investor. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $200,000 purchase price with payments as low as $1,395/month. Security deposit may be applied toward the down payment, and the first month's rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity.

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Listing Snapshot
Price 
$200,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.25 Acres
Year Built 
1897
MLS® Number 
12590298
Status 
Active
Property Tax 
$1,501
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
23 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.25
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
UnfinishedFull
Heating 
Forced Air
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Exterior Features
Construction Details 
Stucco
Community Features
MLS Area 
Freeport
School District 
145
Township 
Freeport
Schools
School District
145
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams Realty Signature



Based on information submitted to the MLS GRID as of 2026-03-13 08:08 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-03-13 08:08 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Call Pete Deja, Broker, Cross County Realty

Let the team at Cross County Realty remove the stress from buying and selling in Chicagoland.

 MRED/MLS #18739
 Brokers License #475.131065
 State License #478.011528

 (847) 331-5221
 (866) 246-8684
 petedeja@gmail.com

Tak, cieszę się, że mówię po polsku!