Under Contract
5870 GARRETT Lane
Rockford, IL 61107
$425,000
8beds
4baths
—sqft
0.39acres
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1964
Garage spaces4
Lot size0.39 acres
Architectural styleRanch
Annual tax$8,391.84
CountyWinnebago
MLS #MRD12594296
Days on market4
Schools
ElementaryBrookview Elementary School
Middle / JuniorEisenhower Middle School
High schoolGuilford High School
Features
Heating
Natural GasForced Air
Parking
YesGarage OwnedAttachedOwnedGarage
Construction
Brick
Lot features
Corner Lot
Sewer
Septic Tank
Listed by
Dickerson & Nieman Realtors - Rockford
Tyler Ragan
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 3/20/2026, 4:56:16 PM. All data should be independently verified.
This home is under contract. Contact a dwello agent to explore similar active listings or be notified if it returns to market.
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