4340 Lori Drive Rockford, IL $ 400,000
4340 Lori Drive
$ 400,000
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4340 Lori Drive

Rockford, IL, 61114
$ 400,000
Baths0.0 Sq 3,600

Monthly Estimate*

$ 2,495

4340 Lori Drive, Rockford, IL 61114 - Image 1
Studio

Multi-Family Home for sale in Rockford, IL

for $400,000. This home is 3,600 square feet.

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.

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Multi-Family Active

Price

$ 400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,783

Style

1 Story

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

202507413

Features
General
Sewer City
Heating Forced Air Natural Gas
Cooling Central Air
Utilities 1460
Possession Closing
Roof Shingle
Water City
Water Heater Natural Gas
Electric Circuit Breaker
Style 1 Story
Class MULTIFAMILY
Type 3 - 4 Units
Parcel Number 1208126026
HUD No
Tax Year 2024
Basement Type Full
Status ACTIVE and AVAILABLE
Subdivision IL
Sale/Rent For Sale
Status Detail 0
Short Sale No
Primary City Rockford
Year Built 1975
High School Guilford High
City ROCKFORD
Taxes 7783
School District Rockford 205
Elementary School Clifford P Carlson Elementary
Middle School Eisenhower Middle
Legal Description PEPPER HILLS SUB NW 1/4 SEC 8-44-2 32-215 LOT 013
DOM 7
Postal Code 61114
Price Per Sq Ft Total AG 111.11
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Exterior
Exterior Brick/Stone
Parking Spaces 4
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Interior
# of Units 4
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* Excluded Features
List By
Amanda Clark

Listing Agent

Gambino Realtors

Broker

amanda@gogambino.com

Email

Affordability Calculator

$3,144
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$649
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2138201 Elementary School
2138252 Middle School
Guilford High High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$400,000 Listed Price

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4340 Lori Drive, Rockford, IL, 61114 is a Multi-Family Home for sale at $400,000 with 3,600 sqft. 4340 Lori Drive is a studio with 0.0 baths. The property's zip code is 61114 which is in Rockford, IL