2611 Canterbury Lane Rockford, IL 61101
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.
Baird & Warner Jeffrey Schwartz Email
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Listing Office: Berkshire Hathaway HomeServices Starck Real Estate
Listing Office Phone: 815-544-1005
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