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5870 Garrett Ln Rockford, IL 61107

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Sponsored
For Sale
$425,000

2 Units - ROCKFORD, IL

Days on Market:
2
Last Refresh:
Mar 18 at 10:06 am

Property Features for 5870 Garrett Ln

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
1221427018
Parking
4
Patio and Porch features
Patio
Interior features
Laundry In Building, Laundry In Unit, Main Floor Primary
Exterior features
Patio
Appliances
Cooktop, Dryer, Microwave, Refrigerator

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Building materials
Brick, Stone
Roof type
Shingle
Architectural style
Other

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Listing Contact
Tyler Ragan
Tyler Ragan

Dickerson & Nieman (815) 381-6804

Listing agent Tyler Ragan (815) 227-5900 License #475155674

Listing date Mar 17, 2026

MLS# 202601458 Listing URL

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

ROCKFORD Multifamily Investment Opportunity

This multifamily property in ROCKFORD, IL, presents an investment opportunity. It features four units, each with 2 bedrooms and 1 bathroom. Each unit includes 1 shared garage parking spot. The units have been updated since 2017, with the most recent renovation completed in March of 2026. Each unit has a private basement with laundry hook-ups. The property has all brick siding and a new roof installed in 2018. The bedrooms feature hardwood floors, while the kitchens and living rooms have laminate, LVP, or ceramic tile flooring. Currently, two units are occupied with rents of $950 and $1,000. All units have slightly different updates. Three units have central A/C. Tenants are responsible for separate gas and electric bills, while the owner covers water, sewer, and garbage expenses.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Action Painting Painting Service

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-89.001439
Latitude
42.273729

FAQs

What type of property is this?
Quadplex - Updated four-unit property with income potential in Rockford, Illinois.
Where is this quadplex located?
The property is located at 5870 Garrett Ln Rockford, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: - Four updated 2-bed, 1-bath units offer strong investment potential.; - Each unit includes a private basement with laundry hook-ups.; - Separate gas and electric meters paid by tenants.
More about this property
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