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1027 S Chicago Avenue Freeport, IL 61032 Residential - Single Family New

New - 36 Hours Ago
  • 1027 S Chicago Avenue , Freeport, IL 61032 Main Photo

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Description

Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Updated 2-story home with 3-bedroom and 2-bathrooms with main floor laundry! Features include new vinyl plank flooring, updated bathroom, vinyl windows on main floor, and 100-amp electrical service. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $175,000 purchase price with payments as low as $1,395/month. Security deposit may be applied toward the down payment, and the first month's rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. 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.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,488
Built in 1897
School District: District 145

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 1,488
County: Stephenson
Listed By:
Keller Williams Realty Signature 815-315-1111
MRED MLS

Room Information

Bedroom 2: 13X14
Bedroom 3: 10X11
Dining Room: 11X13
Kitchen: 10X19
Living Room: 13X14
Primary Bedroom: 11X11
$175,000
Est. $1,150/mo
3beds
2baths
1,488sqft
New to the Market New
BEDS3 BATHS2 full SQUARE FEET1,488 MLS#12581735
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 145

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1027 S Chicago Avenue , Freeport, IL 61032.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $175,000$175,000$175,000
Down Payment $35,000$6,125$43,750
Monthly Mortgage Amount $806$1,003$1,046
Taxes $244$244$244
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$77$0
Monthly Estimated Total $1,150$1,424$1,390

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