Highlights
- Separate dining room
- Hardwood flooring
- New vinyl plank flooring
- Main floor laundry hookups
- Living room
- Dining room
Nearby rentals
Renter hub
Property management
The property features a separate dining room, hardwood and new vinyl plank flooring, and main floor laundry hookups, enhancing its appeal. Conveniently located within walking distance to a top-rated elementary school and accessible transit options, it promotes an active social life. Additionally, the presence of numerous photos effectively showcases the home, inviting prospective renters to explore its offerings.
Things you’ll love
Great for
Apartment Amenities
| Forced Air | Hardwood Floor |
Appliances
| In-Unit Laundry |
Building
| Business Center | Onsite Laundry |
| Roof Type: Shingle |
Grounds
| 2 Parking Spaces |
Other
| Exterior Type: Stucco | None (Cooling) |
One-time.
One-time. Refundable.
Property Status: Active Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Two-story duplex featuring 2 bedrooms and 1 bathroom in each unit. The main floor unit offers a spacious living room and separate dining room with hardwood flooring, plus a kitchen with new vinyl plank flooring and main floor laundry hookups. The upper unit features a light-filled living room, separate dining room, and kitchen with new vinyl plank flooring. Property also includes separate basement access, separate utilities, and updated 100-amp service. Great opportunity for an owner-occupant or investor. 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: $200,000 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. Office Phone: (815) 315-1111 Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 404406 E Prospect Ter compares to other nearby properties.
Positives
| Zip code | 61032 |
|---|---|
| Type | Apartment for rent |
studio apartments at 404406 E Prospect Ter cost about 179% more than the average rent price for studio apartments in Freeport.
| Month | Median Rent |
|---|---|
| April 2024 | $575 |
| May 2024 | $575 |
| June 2024 | $575 |
| July 2024 | $531 |
| August 2024 | $415 |
| September 2024 | $400 |
| October 2024 | $400 |
| November 2024 | $400 |
| December 2024 | $400 |
| January 2025 | $400 |
| February 2025 | $400 |
| March 2025 | $400 |
| April 2025 | $462 |
| May 2025 | $560 |
| June 2025 | $643 |
| July 2025 | $600 |
| August 2025 | $600 |
| September 2025 | $600 |
| October 2025 | $582 |
| November 2025 | $595 |
| December 2025 | $550 |
| January 2026 | $537 |
| February 2026 | $500 |
| March 2026 | $500 |
Can I afford to live at 404406 E Prospect Ter?
Bedrooms
StudioRent-to-income ratio
30%
$55,800/yr
718 e illinois st
freeport, IL, 61032