4340 Lori Drive, Rockford, IL 61114

Local realty services provided by:ERA Naper Realty
4340 Lori Drive,Rockford, IL 61114
$390,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: tina tendall, amanda clark
Office: gambino realtors
MLS#:12535085
Source:MLSNI

Price summary

  • Price:$390,000

About this home

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

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Home facts

  • Year built:1975
  • Listing ID #:12535085
  • Added:9 day(s) ago
  • Updated:December 29, 2025 at 08:58 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1975
  • Lot area:0.39 Acres

Schools

  • High school:Guilford High School
  • Middle school:Eisenhower Middle School
  • Elementary school:Clifford P Carlson Elementary Sc

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$390,000
  • Tax amount:$7,783 (2024)
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