BEDS4
BATHS1 full
MLS#12667055
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 205
Property Description
Well-Maintained All-Brick Four-Family Investment Property - Excellent investment opportunity featuring a solid all-brick ranch-style four-family building. Each unit offers 1 bedroom and 1 bathroom with access to a full basement providing individual storage areas and washer/dryer hookups. The property features off-street parking with convenient access from both Halsted Road and Canterbury Lane. Long-term tenants have occupied the building, reflecting the property's stability and desirability. The building has been well maintained. Tenants responsible for their own gas and electric service. The owner currently pays for water, sewer, and garbage services. Current rental income includes three units rented at $625 per month and one unit rented at $700 per month, generating a gross monthly income of $2,575 and a gross annual income of $30,900. A strong income-producing property with stable tenancy, separate utilities, low-maintenance brick construction, and reliable cash flow for investors.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas
Lot Size: 0.17 Acres
Taxes: $4,176
Year Built: 1960
Feature Descriptions
Exterior: Brick, Stone
Lot Dimensions: 7405
Parcel#: 1110227011
Parking: Yes
Sewer: Public Sewer, Community Sewer
Total Rooms: 16
Township: Rockford
Water: Public, Community
Local Schools
School District: District 205
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Starck Real Estate
Agency Phone: 815-544-1005
Shown By
Agent Name: Melody Williams
Agent Phone: (815) 505-9284
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 1,410.99 per month $998.85 Principal & Interest $348.00 Property Tax $64.14 Homeowner's InsuranceChange Payment Information
Melody Williams
Office: (815) 282-2222 ext. 1726
Cell: (815) 505-9284
Fax: (815) 282-2268
Direct: (815) 316-4050
Email Me
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2611 Canterbury Lane | MLS# 12667055
This multi-family property located at 2611 Canterbury Lane , Rockford, IL 61101 is currently listed for sale with an asking price of $219,900. Canterbury Lane is located within the District 205 school district. Search Rockford real estate on melody.gogambino.com today.