5870 Garrett Lane, Rockford, IL 61107

$425,000
  • 5870 Garrett Lane, Rockford, IL 61107 Main Photo

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Featured Listing New to the Market New
BEDS8 BATHS4 full MLS#12594296
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 205

Property 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.

5870 Garrett Lane | MLS# 12594296

This multi-family property located at 5870 Garrett Lane, Rockford, IL 61107 is currently listed for sale by Dickerson & Nieman Realtors - Rockford, with an asking price of $425,000. Garrett Lane is located within the District 205 school district. Search Rockford real estate on www.dickersonnieman.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Exterior Entry, Storage Space, Full
Basement: Yes
Garage: 4
Heating: Natural Gas, Forced Air
Home Style: Ranch
Lot Size: 0.39 Acres
Roof Type: Asphalt
Taxes: $8,391
Year Built: 1964

Feature Descriptions

Exterior: Brick
Lot: Corner Lot
Lot Dimensions: 100X145X100X145
Other Equipment: Water-Softener Rented, CO Detectors
Parcel#: 1221427018
Parking: Yes, Garage Owned, Attached, Owned, Garage
Sewer: Septic Tank
Total Rooms: 16
Township: Rockford
Water: Public

Local Schools

High School: Guilford High School
Middle School: Eisenhower Middle School
Elementary School: Brookview Elementary School
School District: District 205

Listed By / Shown By

Listed By

Agency Name: Dickerson & Nieman Realtors - Rockford
Agency Phone: 815-227-5900
Agent Name: Tyler Ragan

Estimate Your Payment

Estimated Payment

$ 1,769.07 per month $945.87 Principal & Interest $699.25 Property Tax $123.96 Homeowner's Insurance

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