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$370,000

  • Sold
  • Closed
  • Multi-Family
  • 8 Total Beds
  • 4 Car Garage
  • Updated 12 days ago
See This Home
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Exceptional 4-Unit Multi-Family Investment Property! Discover a rare opportunity to own a fully occupied 4-unit multifamily offering strong cash flow and extensive recent updates. Perfect for investors seeking a low-maintenance addition to their portfolio, this property combines long-term durability with modern mechanicals for peace of mind. Property Highlights: 4 spacious units with excellent rental history. Newer roof, soffit, fascia, gutters, and downspouts-major exterior updates already done! Updated mechanicals throughout the building, including Newer furnaces, Newer water heaters, Newer central A/C units. Well-maintained interiors with stable tenants. Ample on-site parking. Convenient location right off Alpine Blvd. Ideal Investment: With significant capital improvements already completed, this property offers reduced future maintenance costs and strong long-term rental potential. Whether you're expanding your portfolio or stepping into multifamily investing, this 4-unit is a must-see.

Full Property Details for 4340 Lori Dr

General

  • Sold For: $370,000
  • Taxes: $7,783 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12535085
  • Added to Site: 75 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Equipment: Water Heater-Gas

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4
  • Total Spaces: 4
  • Parking Features: Yes, Garage Owned, Attached, Garage

Location

  • Area: Rockford
  • County: Winnebago
  • Driving Directions: N Alpine to W on Pepper to N on Kimball to W on Lori

School Information

  • School District: 205
  • Midd School District: 205
  • Elementary School: Clifford P Carlson Elementary Sc
  • Middle School: Eisenhower Middle School
  • High School: Guilford High School
  • Private School: Guilford High School

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Ranch
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: Unfinished, Full
  • Roof: Asphalt
  • Year Built: 1975
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.39
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 120 x 142 x 120 x 142

Financial Considerations

  • Assessment Year: 1975
  • Tax Amount: $7,783.36
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1208126026

Listed by Gambino Realtors
Sold by Berkshire Hathaway HomeServices Chicago

Listing agents

— 4340 Lori Dr —

  • Gambino Realtors

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4340 Lori Dr

School District:Rockford School District 205
NameGradesDistance
Clifford P Carlson Elementary School
4015 Pepper Drive, Rockford, IL 61114
K-50.3 mi
Eisenhower Middle School
3525 Spring Creek Road, Rockford, IL 61107
6-81.3 mi
Guilford High School
5620 Spring Creek Rd, Rockford, IL 61114
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4340 Lori Dr

Date
Details
Price
Change
Source
2/19/2026
Sold
$370,000
-5.13%
MLS
12/19/2025
Listed
$390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Gambino Realtors
Sold by Berkshire Hathaway HomeServices Chicago

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4340 Lori Drive, Rockford, IL 61114 (MLS# 12535085) is a Multi-Family property that was sold at $370,000 on February 19, 2026. Want to learn more about 4340 Lori Drive? Do you have questions about finding other Multi-Family real estate for sale in Rockford? You can browse all Rockford real estate or contact a Coldwell Banker agent to request more information.