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2611 Canterbury Lane , Rockford, IL 61101

$219,900
  • 2611 Canterbury Lane , Rockford, IL 61101 Main Photo

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New to the Market New
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.

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 hcarter.gogambino.com today.

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: Heather Carter AHWD, C2EX
Agent Phone: (815) 519-2969
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,410.99 per month $998.85 Principal & Interest $348.00 Property Tax $64.14 Homeowner's Insurance

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