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4 Properties Within 0.5 miles of: 4340 Lori, Rockford

4340 Lori
Rockford, IL 61114

  • 8 Beds
  • Built In 1975
Price

$390,000

Est Payment
$2,562 / month (details)  
Taxes
$7,783  
Beds
8  
Rooms
20  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
120x142x120x142  
Built
1975  
Neighborhood
Rockford  
MLS
#12535085
Status
Active (1 day)

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
4 Garage Spaces, Yes, Garage Owned, Attached, Garage
Schools
Guilford High School (205), Eisenhower Middle School (205), Clifford P Carlson Elementary Sc (205)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

12-19-2025 Listed at $400,000
Last Modified 12/19/25 10:58 AM

Nearby Transportation

  • I 90 East 3.4 mi
  • Hwy 51 South 3.4 mi
  • I 39 South 3.4 mi
  • I 90 West 3.6 mi
  • Hwy 51 North 3.6 mi
  • I 39 North 3.6 mi
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