$425,000

5870 GARRETT Lane, Rockford, IL 61107

  • 8 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

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.

Listing Status:
Pending
Data Last Updated:
April 4, 2026 at 10:19PM
Listing Office:
Dickerson & Nieman Realtors - Rockford : 815-227-5900
Listing Agent:
Tyler Ragan : 815-227-5900
MLS ID:
12594296
  • Basement: UnfinishedExterior EntryStorage SpaceFull
  • Heating: Natural GasForced Air
  • Style: Ranch
  • Parking: YesGarage OwnedAttachedOwnedGarageParking spaces: 8
  • Roofing: Asphalt
  • General: RanchConcrete Perimeter
  • HOA Amenities: Sidewalks
  • Originating MLS: mred
  • School District: 205
  • County: Winnebago
  • Zoning: MULTI1221427018
  • Water: Public
  • Sewer: Septic Tank
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Tyler Ragan , Dickerson & Nieman Realtors - Rockford

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brookview Elementary School

1750 Madron Rd, Rockford, IL, 61107

Grades KG-5

1.23 miles away

E

Eisenhower Middle School

3525 Spring Creek Rd, Rockford, IL, 61107

Grades 6-8

2.30 miles away

G

Guilford High School

5620 Spring Creek Rd, Rockford, IL, 61114

Grades 9-12

1.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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