$390,000

beds

baths

4340 Lori Drive

Rockford, Illinois 61114

Price Change / MLS #12535085 / Multiple Unit (2-4) / Rockford

Listing information updated 12/19/2025 at 11:23am

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.

Full Features

Architecture Style:

Ranch

Exterior Type:

Brick

Basement:

Unfinished,Full

Beds Above Grade:

Heating System:

Natural Gas, Forced Air

Pool:

Age:

41-50 Years

Roof Type:

Asphalt

Parking Type:

Garage - Yes,Garage Owned,Attached,Garage

Parking Spaces:

Garage:

Attached

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

.25-.49 Acre

Acreage:

0.39

Taxes & Assessments

Tax Amount:

$7,783

Tax Year:

2024

Location

Zip Code:

61114

City:

Rockford

County:

Winnebago

Schools

School District(s):

205

Elementary School:

Clifford P Carlson Elementary Sc

Middle School:

Eisenhower Middle School

High School:

Guilford High School

Architecture Style:

Ranch

Exterior Type:

Brick

Basement:

Unfinished,Full

Beds Above Grade:

Heating System:

Natural Gas, Forced Air

Pool:

Age:

41-50 Years

Roof Type:

Asphalt

Parking Type:

Garage - Yes,Garage Owned,Attached,Garage

Parking Spaces:

Garage:

Attached

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

.25-.49 Acre

Acreage:

0.39

Tax Amount:

$7,783

Tax Year:

2024

Zip Code:

61114

City:

Rockford

County:

Winnebago

School District(s):

205

Elementary School:

Clifford P Carlson Elementary Sc

Middle School:

Eisenhower Middle School

High School:

Guilford High School

Listing Office: Gambino Realtors

Listing Office Phone: 815.623.5555

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/19/2025 at 11:23am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.