5870 Garrett Lane, Rockford, IL 61107

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

46 Total Photos [Click to View All]

Featured Listing New to the Market Active
BEDS0 BATHS SQUARE FEET3,820 MLS#202601458
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRockford 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# 202601458

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

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Home Style: 2 Units
Roof Type: Shingle
Taxes: $8,391

Appliances

Dryer
Microwave
Refrigerator
Stove/Cooktop
Oven
Washer

Feature Descriptions

Exterior: Brick/Stone, Vinyl
General Features: Laundry in Building, Laundry in Unit, Main Floor Primary, Patio
Separate Utilities: Yes
Sewer: City
Water: City

Local Schools

School District: Rockford 205

Listed By / Shown By

agent picture

Listed By

Agency Name: DICKERSON & NIEMAN
Agency Phone: (815) 988-6624
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

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel