5870 Garrett Lane, Rockford, Illinois 61107
$425,000
|
For Sale
|
|
| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1964 |
| Property Taxes: | $8,392 |
| Days On Market: | 3 |
| Lot Size: | 0,39 |
Description
Incredible investment opportunity! There are four 2-bed, 1-bath units, each with 1 shared garage parking spot. All of the units have been updated since 2017 with the most recent, unit 4, being finished in March of 2026. Each unit has a private basement with laundry hooks-ups. New roof in 2018. Hardwood floors in all bedrooms, laminate/LVP/ceramic tile, in kitchens and living rooms. Currently two units are occupied with rents of $950 and $1,000. All units have slightly different updates. Three units have central A/C. Separate gas and electric paid by tenants. Water, sewer, and garbage are paid by owner. All brick siding.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1964 | |
| — | |
| — | |
| No | |
| 0.39 |
| Winnebago | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12594296 | |
| 1221427018 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Brookview Elementary School |
205 | — | |
|
Middle School
Eisenhower Middle School |
205 | Not in DB | |
|
High School
Guilford High School |
205 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Dec, 2016 | Sold | $97,500 | MRED MLS |
| 3 Nov, 2016 | Under contract | $100,000 | MRED MLS |
| 26 Oct, 2016 | Listed for sale | $100,000 | MRED MLS |
| 17 Mar, 2026 | Listed for sale | $425,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 4 | |
| — | |
| — | |
| — | |
| — | |
| 100X145X100X145 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
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| — | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2016 | $7,114 |
| 2026 | $8,392 |
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Listing Provided By
Dickerson & Nieman Realtors - Rockford


