Rockford, IL 61114 4340 Lori Drive

Presented By: Gambino Realtors
  • MLS# 12535085
  • 12/19/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 4
  • SQFT • 3,600
  • Garage • 4

Home Details

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.
Presented By: Gambino Realtors

Interior Features for 4340 Lori Drive

Bedrooms

Bedrooms Possible8
Total Bedrooms8

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementUnfinished, Full
Total Number of Units4

General for 4340 Lori Drive

Architectural StyleRanch
CityRockford
Construction MaterialsBrick
CountyWinnebago
DirectionsN Alpine to W on Pepper to N on Kimball to W on Lori
Elementary SchoolClifford P Carlson Elementary Sc
Elementary School District205
Garage Spaces4
HeatingNatural Gas, Forced Air
High SchoolGuilford High School
High School District205
MLS AreaRockford
Middle/Junior High SchoolEisenhower Middle School
Middle/Junior School District205
New ConstructionNo
OwnershipFee Simple
PossessionTenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusPrice Change
Tax Annual Amount7783.36
Tax Year2024
Total Rooms20
TownshipRockford
Year Built1975

Exterior for 4340 Lori Drive

Lot Dimensions120x142x120x142
Lot Size Acres0.39
Other EquipmentWater Heater-Gas
Parking FeaturesYes, Garage Owned, Attached, Garage
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Eisenhower Middle School
High School Guilford High School
Elementary School Clifford P Carlson Elementary Sc

Client Care

Price $390,000
MLS#12535085
List Date 12/19/2025
Property Type Multi-Family
Phone 847.485.2500
Request Tour
Request Info
Visit My Website

Similar Properties to 4340 Lori Drive