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.
Closed
$370,000
4340 Lori Dr, Rockford, IL 61114
8beds
--sqft
Multi Family
Built in 1975
-- sqft lot
$392,600 Zestimate®
$--/sqft
$1,308 Estimated rent
Home value
$392,600
$349,000 - $444,000
$1,308/mo
Zestimate® history
Owner options
List your home for rent
$1,308/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,308/mo
Rent Zestimate®
Refinance and save
$2,754/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,754/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Newer roofWell-maintained interiorsAmple on-site parking
Zillow last checked:
Listing updated:
Listed by:
Tina Tendall 815-623-5555,
Gambino Realtors,
Amanda Clark 815-621-3063,
Gambino Realtors
Bought with:
Paz Perez
Berkshire Hathaway HomeServices Chicago
Source: MRED as distributed by MLS GRID,MLS#: 12535085
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 4
Lot
- Size: 0.39 Acres
- Dimensions: 120x142x120x142
Details
- Parcel number: 1208126026
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Rockford
Financial & listing details
- Tax assessed value: $246,402
- Annual tax amount: $7,783
- Date on market: 12/19/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Sold | $370,000-5.1% |
Source:  MRED as distributed by MLS GRID #12535085 Report a problem | ||
| 1/12/2026 | Pending sale | $390,000 |
Source: MRED as distributed by MLS GRID #12535085 Report a problem | ||
| 1/5/2026 | Listed for sale | $390,000 |
Source: MRED as distributed by MLS GRID #12535085 Report a problem | ||
| 12/24/2025 | Pending sale | $390,000 |
Source: MRED as distributed by MLS GRID #12535085 Report a problem | ||
| 12/19/2025 | Listed for sale | $390,000+14.7% |
Source: MRED as distributed by MLS GRID #12535085 Report a problem | ||
| 6/16/2022 | Listing removed | -- |
Source:  Weichert Realtors Report a problem | ||
| 6/2/2022 | Listed for rent | $950+6.1% |
Source: Weichert Realtors Report a problem | ||
| 5/11/2022 | Sold | $340,000+0.6% |
Source: MRED as distributed by MLS GRID #11351140 Report a problem | ||
| 3/23/2022 | Pending sale | $337,900 |
Source: Weichert Pro #202201426 Report a problem | ||
| 3/23/2022 | Contingent | $337,900 |
Source: MRED as distributed by MLS GRID #11351140 Report a problem | ||
| 3/18/2022 | Listed for sale | $337,900+25.1% |
Source:  NorthWest Illinois Alliance of REALTORS® #202201426 Report a problem | ||
| 2/4/2021 | Listing removed | -- |
Source: NorthWest Illinois Alliance of REALTORS® Report a problem | ||
| 11/14/2020 | Price change | $895-3.2% |
Source: Weichert Realtors - Tovar Properties #202005735 Report a problem | ||
| 9/11/2020 | Listed for rent | $925+8.8% |
Source: Owner Report a problem | ||
| 12/30/2017 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 11/30/2017 | Listed for rent | $850 |
Source: Owner Report a problem | ||
| 2/24/2006 | Sold | $270,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,783 +3.5% | $82,134 +13.4% |
| 2023 | $7,520 +1.7% | $72,422 +11.9% |
| 2022 | $7,396 | $64,732 +9.1% |
| 2021 | -- | $59,354 +5.8% |
| 2020 | $7,215 +0.7% | $56,111 +4.9% |
| 2019 | $7,165 -0.4% | $53,480 +6.1% |
| 2018 | $7,192 +0.5% | $50,401 +4.5% |
| 2017 | $7,156 | $48,235 +1.9% |
| 2016 | $7,156 +0.1% | $47,331 |
| 2015 | $7,150 -1.2% | $47,331 0% |
| 2014 | $7,240 -1.8% | $47,337 -40.3% |
| 2009 | $7,375 | $79,312 +3.6% |
| 2007 | -- | $76,558 +7.7% |
| 2006 | -- | $71,082 +4.7% |
| 2005 | -- | $67,859 +5.5% |
| 2004 | -- | $64,309 -3% |
| 2003 | -- | $66,291 +3.3% |
| 2001 | -- | $64,148 +1% |
| 2000 | -- | $63,514 +1.6% |
| 1999 | -- | $62,499 |
Find assessor info on the county website
Neighborhood: 61114
Nearby homes
- $411,3002 bd1 ba3.6k sqft4340 Lori Dr #1, Rockford, IL 61114Off Market
- $360,0512 bd2 ba1.4k sqft4404 Lori Dr, Rockford, IL 61114Off Market
- $---- bd-- ba-- sqft4404 Lori Dr APT 6, Rockford, IL 61114Off Market
- $--2 bd1 ba1.2k sqft4404 Lori Dr APT 1, Rockford, IL 61114Off Market
- $194,6002 bd1 ba1.2k sqft4404 Lori Dr APT 5, Rockford, IL 61114Off Market
- $--2 bd1 ba1k sqft4324 Lori Dr, Rockford, IL 61114Off Market
- $359,4002 bd1 ba-- sqft4339 Lori Dr, Rockford, IL 61114Off Market
- $184,9002 bd1 ba1.2k sqft4421 Lori Dr, Rockford, IL 61114Off Market
Nearby schools
GreatSchools rating
- 4/10Clifford P Carlson Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Eisenhower Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Guilford High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Clifford P Carlson Elementary Sc
- Middle: Eisenhower Middle School
- High: Guilford High School
- District: 205
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$392,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$392,600
- Illinois
- Winnebago County
- Rockford
- 61114
- 4340 Lori Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Rockford Topics
