Stop Renting. Start Owning & Investing!
Unique homeownership and investment opportunity designed for renters ready to transition into ownership! This spacious three-unit (triplex) property offers the perfect chance to "house hack"live in one unit and let the other two pay your mortgage! Located in the heart of Freeport, this 2-story frame home features a versatile layout with a total of 4 bedrooms and 3 bathrooms across approximately 2,037 sq. ft..
Property Highlights:
Unit 1: Large 3-bedroom, 1-bathroom unit (5 total rooms).
Unit 2: 1-bedroom, 1-bathroom unit (4 total rooms).
Unit 3: Efficient studio/1-bedroom unit with 1 bathroom (3 total rooms).
Bonus Space: Full 1,367 sq. ft. unfinished basement, perfect for tenant storage or laundry facilities.
Outdoor Living: Includes a classic open front porch and sits on a generous 75' x 115' rectangular lot.
Owner-Focused Features:
This property is equipped with Forced Warm Air (FWA) heating and individual air units for comfort. It is a value-add gem; while it is in "Fair" condition, it offers the perfect canvas for your personal updates to build immediate equity.
Program Opportunity:
This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process.
Purchase Price: $225,000. Estimated payments as low as $1,595/month.
Financial Flexibility: Your security deposit may be applied toward the down payment, and your first month's rent can become your first mortgage payment.
This program is designed for hardworking buyers, including the self-employed, 1099 earners, small business owners, ITIN holders, and those rebuilding credit. 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.
OWN THIS HOME Don't Just Rent It!
5-bed, 2-bath charming 2-story home with 2,672 sqft of character-filled living space. Beautiful hardwood floors throughout, central air conditioning, forced air heating, and a 1-car garage. Located on a tree-linedstreet in Freeport with classic Midwestern charm.
OWNERSHIP OPPORTUNITY: This property qualifies for the Pied Piper Group Homeownership Program a simplified path to ownership with minimal upfront cash.
Example terms:
- Purchase price: $225,000
- Monthly payments as low as $1,595/month
- Security deposit applies toward your down payment
- First month's rent becomes your first mortgage payment
Program designed for hardworking buyers self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants welcome. If you qualify to rent, you may qualify to own.
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Apartment for rent
$1,625+/mo
Fees may apply
1219 1/2 S Chicago Ave, Freeport, IL 61032
5beds
2,672sqft
Price may not include required fees and charges. Learn more|
Apartment
Available now
What's special
Central air conditioningClassic open front porchForced air heatingBeautiful hardwood floors throughout
- 93 days |
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Zillow last checked:
Listing updated:
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Let’s turn your rent into credit progress
Build credit history with every on-time payment and get credit for the payment you’re already making.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total interior livable area: 2,672 sqft
Property
Parking
- Details: Contact manager
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Building
Details
- Building name: 1217-1219 1/2 S Chicago Ave - 1219.5
Community & HOA
Location
- Region: Freeport
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for rent | $1,625+40.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/10/2026 | Listing removed | $1,155 |
Source: Zillow Rentals Report a problem | ||
| 2/4/2026 | Listed for rent | $1,155 |
Source: Zillow Rentals Report a problem | ||
Neighborhood: 61032
Nearby schools
GreatSchools rating
- 3/10Empire Elementary SchoolGrades: PK-4Distance: 1.6 mi
- 3/10Freeport Middle SchoolGrades: 7-8Distance: 0.7 mi
- 1/10Freeport High SchoolGrades: 9-12Distance: 0.8 mi




