Prime Downtown Freeport Investment Opportunity – 14 Residential Units + 1 Commercial Space | 11% Pro Forma Return Located in theheart of historic downtown Freeport, IL, this mixed-use building offers an outstanding opportunity for investors seeking strong, stable cashflow in a revitalizing urban core. The property includes 14 residential units—a mix of efficiencies and 1-bedroom apartments—plus 1street-level commercial space, providing diverse income streams and long-term value. Property Highlights: Total Units: 15 (14Residential + 1 Commercial) Location: Centrally located in downtown Freeport – close to dining, retail, and public amenities Unit Mix: Acombination of efficiency and 1-bedroom units – high demand among students, professionals, and downtown workers CommercialSpace: Ideal for retail, office, or service use – strong foot traffic and visibility Condition: Solid, well-maintained structure with updatedsystems and appealing curb appeal Pro Forma Return: 11% projected annual return based on current market rents and realistic expenseassumptions