Property Description

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.

Features
: Forced Air
: No
Location
US
IL
FREEPORT
61032
Prospect
404-406
W90° 23' 14.8''
N42° 17' 24.2''
404-406 E Prospect Terrace
Additional Information
ACTIVE and AVAILABLE
$1,501
0
2
City
City
Gas
Kampmeier
Keller Williams Realty Signature
: Stucco
10589
$0
$0
Freeport 145
Freeport 145
Freeport 145
Freeport 145
: Laundry In Unit
03/12/2026
03/12/2026 04:41:03

404 406 Prospect, FREEPORT, Illinois 61032

2 Units For Sale
2,560 Sqft
$200,000

Reference ID: 202601322

Basic Details
Property Type : 2 Units
Price : $200,000
Square Footage : 2,560 Sqft
Agent info

This listing is courtesy of

Olga Kampmeier

Keller Williams Realty Signature

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