Rockford, IL 61114,4340 Lori DR
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
21
Dec
Mon
22
Dec
Tue
23
Dec
$ 390,000
Est. payment | /mo

8 Beds

4 Baths

0.39 Acres Lot


Save
$ 390,000
Est. payment | /mo
Save

8 Beds

4 Baths

0.39 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12535085

Style Ranch

Bedrooms 8

Year Built 1975

Annual Tax Amount $7,783

Tax Year 2024

Lot Size 0.390 Acres

Lot Dimensions 120x142x120x142

Property Sub-Type Two to Four Units

Property Description

Exceptional 4-Unit Multi-Family Investment Property! Discover a rare opportunity to own a fully occupied 4-unit multifamily offering strong cash flow and extensive recent updates. Perfect for investors seeking a low-maintenance addition to their portfolio, this property combines long-term durability with modern mechanicals for peace of mind. Property Highlights: 4 spacious units with excellent rental history. Newer roof, soffit, fascia, gutters, and downspouts-major exterior updates already done! Updated mechanicals throughout the building, including Newer furnaces, Newer water heaters, Newer central A/C units. Well-maintained interiors with stable tenants. Ample on-site parking. Convenient location right off Alpine Blvd. Ideal Investment: With significant capital improvements already completed, this property offers reduced future maintenance costs and strong long-term rental potential. Whether you're expanding your portfolio or stepping into multifamily investing, this 4-unit is a must-see.

Location

State IL

County Winnebago

Area Rockford

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Equipment Water Heater-Gas

Fireplace N

Exterior

Garage Spaces 4.0

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Clifford P Carlson Elementary Sc

Middle Schools Eisenhower Middle School

High Schools Guilford High School

School District 205 , 205, 205

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Tina Tendall of  Gambino Realtors 
Sebastian Regium

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

4340 Lori DR