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550 N Waddell Ave, Freeport, IL, 61032

2beds
1baths
720sqft
$99,900
$139price/sqft
$904/moest. monthly cost
$36,160/yrincome needed

About This Home

Welcome to your next smart investment — a charming two-bedroom, one-bathroom home that blends comfortable living with serious income potential. Whether you're a first-time buyer looking for an affordable entry point or a savvy investor hunting for reliable rental returns, this property checks all the right boxes. Step inside and discover a well-maintained layout that makes every square foot count. The two bedrooms offer cozy retreats, while the full bathroom keeps morning routines refreshingly simple. A spacious basement opens up to a bonus storage area. Outside, the generous lot size gives you room to breathe, garden, or simply enjoy a lazy afternoon without feeling like you're intruding on the neighbors' personal space. Dedicated parking ensures you'll never circle the block like a lost satellite, a convenience that both homeowners and future tenants genuinely appreciate. Come and check it out.

Getting Around

70
WalkingVery Walkable
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

3/10
Freeport Middle SchoolGrades 7-81.4 mi
1/10
Freeport High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1951

Materials

  • Roof: Shingle
  • Construction materials: Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Stove/Cooktop,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Full Exposure

Bedroom2

  • Level: Main
  • Area: 88

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 35

Features

  • Window features: Window Treatments
  • Attic: Storage
  • Finished area below ground: 0
  • Finished area above ground: 720

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 720
  • Total interior livable area: 720 sqft

Kitchen

  • Level: Main
  • Area: 80

Living Room

  • Level: Main
  • Area: 209

Master Bedroom

  • Level: Main
  • Area: 91

Property

Details

  • Parcel number: 181325355006

Features

  • Patio & porch: Patio

Lot

  • Lot size: 0.46 Acres
  • Features: City/Town

Parking

  • Parking features: None