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Listing provided courtesy of Realty of America, LLCMREDas Distributed by MLSGrid- MLS# 12583543MLS Provider

302 E Prospect TerraceFreeport, IL 61032

Multi-Family · 3 Beds
$109,900 Active

302 E Prospect Terrace Overview

Time on Site:
115 days
Visits:
1

Great investment opportunity! This well-maintained duplex features a 2 bed/1 bath unit on the first floor and a 1 bed/1 bath unit on the second floor. Perfect for investors or owner-occupants looking to live in one unit and rent the other. Recent updates include new siding and updated gutters (2022). Roof is in good condition. Don't miss your chance to make this property yours today!

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302 E Prospect Terrace Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 145

Building Information

  • New Construction: No
  • Year Built: 1892

Location/Region

  • County Or Parish: Stephenson
  • MLS Area Major: Freeport
  • Township: Freeport

Tax Information

  • Tax Annual Amount: $1,130.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 18143147802300
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bedrooms Possible: 3
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Partial
  • Heating: Natural Gas
  • Rooms Total: 8

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Dimensions: 2948
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Shingle Siding

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 650
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 700
  • Beds Total: 2
  • Baths Total: 1

302 E Prospect Terrace Neighborhood

Community

61032 (Freeport) Demographics

45
Median Age
199
Population Density (per sq. mile)
29%
College Educated
$43,853
Estimated Median Income
8,593
Estimated Total Home Owners
4,894
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

302 E Prospect Terrace Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

302 E Prospect Terrace Market Data

Based on the last 30 days in this zip code

$219,177
Average List Price
$105
Average Price per Square Foot
43
Properties Sold
97
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

302 E Prospect Terrace History

Date Event Value Agent
3/11/2026Source: MRED Status Change
Active
3/11/2026Source: NorthWest Illinois Alliance MLS Added to Database
March 11, 2026
3/6/2026Source: MRED Added to Database
March 06, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022
3/9/2022Source: MRED Status Change
Closed
2/14/2022Source: MRED Status Change
Contingent