No photo
456 LATHROP Terrace South Beloit, IL $ 145,000
456 LATHROP Terrace
$ 145,000
Recently Listed
Share Save

456 LATHROP Terrace

South Beloit, IL, 61080
$ 145,000
Bedrooms3 Baths2.0 Sq 1,628

Monthly Estimate*

$ 1,001

​

Multi-Family Home for sale in South Beloit, IL

for $145,000 with 3 bedrooms and 2 full baths. This 1,628 square foot home was built in 1945.

Investor Alert! Fantastic Investment Opportunity! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this two-unit property offers great possibilities! Conveniently located near schools, parks, restaurants, and with easy access to I-90, this property provides a desirable location for tenants and owner-occupants alike! The main-level unit features a spacious living room, one bedroom, a full bath, and a kitchen with convenient access to the backyard and two-car garage. This unit is currently occupied by a long-term tenant, offering an established rental opportunity! The upper-level unit features two bedrooms, a full bath, and comfortable living space with plenty of possibilities. Looking to grow your investment portfolio? This property can also be purchased as part of a package with four additional properties, providing an excellent opportunity to expand your rental holdings! Whether you're a seasoned investor or just getting started, don't miss this opportunity!

See more

Multi-Family Active

Price

$ 145,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,546

Style

Year Built

1945

Town/City

South Beloit

County/Region

Winnebago

MLS | Web ID

12789676

Features
General
Sewer Public Sewer
Heating Gas
Possession Closing Tenant's Rights
Zoning MULTI
Garage Spaces 2
Construction Materials Frame
Year Built 1945
Township Rockton
Tax Year 2025
Ownership Fee Simple
County Winnebago
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions N ON HWY 251 W ON GARDNER S ON WHEELER W ON LATHROP
High School South Beloit Sr High School
City South Beloit
High School District 320
MLS Area South Beloit
Elementary School Clark Elementary School
Tax Annual Amount 1546.38
Middle/Junior High School South Beloit Junior High School
Standard Status Active
Middle/Junior School District 320
Elementary School District 320
See more
Interior
Basement Unfinished Full
Total Bedrooms 3
Total Baths 2
Bedrooms Possible 3
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
See more
Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 50X50X140X140
Waterfront Y/N N
See more
* Excluded Features
List By
Dickerson & Nieman Realtors - Rockford

Broker

jayneragan@gmail.com

Email

Affordability Calculator

$1,130
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,001
Monthly Property Taxes
$129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
5448568 Elementary School
3629941 Middle School
South Beloit Sr High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2026$145,000 Listed Price

Map


See all

456 LATHROP Terrace, South Beloit, IL, 61080 is a Multi-Family Home for sale at $145,000 with 1,628 sqft. 456 LATHROP Terrace has 3 bedrooms, 2.0 baths, and was built in 1945. The property's zip code is 61080 which is in South Beloit, IL