For sale

$124,500

211 N Grove Ave, Freeport, IL 61032

--beds

--baths

3,840sqft

Est.: Get pre-qualified

3 - 4 Units

Built in 1897

-- sqft lot

$98,800 Zestimate^®

$32/sqft

$-- HOA

What's special

All one-bedroom unitsAdditional lot

Excellent investment opportunity in the heart of Freeport! This 4-unit apartment building offers strong income potential with all one-bedroom units and separate utilities including water and sewer for each unit. The property also includes an additional lot, providing added value and future possibilities for parking, expansion, or outdoor space. There is opportunity to increase value and rental income with improvements. Conveniently located near downtown Freeport, shopping, dining, and local amenities. This multi-family property is packed with potential!

4 days

212

11

Tour with a local agent

Facts & features

Interior

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Refrigerator, Stove/Cooktop, Gas Water Heater

Features

Basement: Full

Interior area

Total structure area: 3,840
Total interior livable area: 3,840 sqft
Finished area above ground: 2,560
Finished area below ground: 1,280

Property

Parking

Total spaces: 4
Parking features: Additional Parking

Features

Levels: Two
Stories: 2
Patio & porch: Deck

Details

Parcel number: 1431110067

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 - 4 Units

Materials

Siding
Roof: Shingle

Condition

Year built: 1897

Utilities & green energy

Electric: Circuit Breakers
Sewer: City
Water: City
Utilities for property: Separate Utilities

Community & HOA

Community

Subdivision: IL

Location

Region: Freeport

Financial & listing details

Price per square foot: $32/sqft
Tax assessed value: $52,149
Annual tax amount: $1,946
Price range: $124.5K - $124.5K
Date on market: 5/28/2026

Estimated market value

$98,800

$70,000 - $130,000

$1,337/mo

Price history

Date	Event	Price
5/28/2026	Listed for sale	$124,500$32/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202603073 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,946 -5%	$17,383 +1.7%
2023	$2,048 +28.6%	$17,088 +33.1%
2022	$1,593 +1.2%	$12,836 +3.4%
2021	$1,574 +0.6%	$12,413 +3.2%
2020	$1,565 -1.2%	$12,026 +0.1%
2019	$1,584 +6.3%	$12,013 +6.5%
2018	$1,490 +1.9%	$11,281 +1.9%
2017	$1,463 +0.1%	$11,073 -1.1%
2016	$1,462 -16.5%	$11,196 -17.7%
2015	$1,752 -15.7%	$13,607 -21.7%
2013	$2,079	$17,382 -14.2%
2010	--	$20,254 -1.6%
2009	--	$20,575
2008	--	$20,575

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 61032

Getting around

69 / 100

Somewhat Walkable

51 / 100

Bikeable

Nearby schools

GreatSchools rating

3/10
Empire Elementary School
Grades: PK-4Distance: 1.2 mi
3/10
Freeport Middle School
Grades: 7-8Distance: 0.8 mi
1/10
Freeport High School
Grades: 9-12Distance: 0.7 mi

Schools provided by the listing agent

Elementary: Empire Elementary
Middle: Freeport Jr High
High: Freeport High
District: Freeport 145

Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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