717 W Pleasant Street, Freeport, IL 61032

• 3 beds |
• 2 baths

Property Description

Great two-flat investment property with each unit offering nearly 1,000 square feet of living space. Both units feature a living room, one to two bedrooms, and a full bath, along with ample off-street parking. The property generates $1,600 per month in rental income, with tenants responsible for all utilities except water and sewer, supporting strong cash flow and reduced owner expenses. The main-floor unit offers excellent owner-occupant potential and includes a large 16' x 14' deck, spacious kitchen, and laundry hookups, making it ideal for a buyer looking to live in one unit while renting the other. A solid opportunity for investors or owner-occupants seeking rental income, mortgage offset, and long-term value. Let the tenants help pay your mortgage while you build equity.

Listing Status:

Active

Data Last Updated:

April 4, 2026 at 10:19PM

Listing Office:

RE/MAX Unites : 815-297-1778

Listing Agent:

Aubra Palermo : 815-275-6610

MLS ID:

12533109

Interior

• Basement: UnfinishedFull
• Heating: Natural GasForced Air

Exterior

• Other Structures: Shed(s)
• Parking: Off StreetDrivewayYesOwnedParking spaces: 2

Construction

• Roofing: Asphalt

Location

• Originating MLS: mred
• School District: 145
• County: Stephenson

Lot

• Zoning: MULTI18143130201100

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple