$145,000
 $778 est/mo Sourced by Back At You

456 Lathrop Terrace,South Beloit, IL 61080

South Beloit, IL 61080

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Description

Investor Alert! Fantastic Investment Opportunity! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this two-unit property offers great possibilities! Conveniently located near schools, parks, restaurants, and with easy access to I-90, this property provides a desirable location for tenants and owner-occupants alike! The main-level unit features a spacious living room, one bedroom, a full bath, and a kitchen with convenient access to the backyard and two-car garage. This unit is currently occupied by a long-term tenant, offering an established rental opportunity! The upper-level unit features two bedrooms, a full bath, and comfortable living space with plenty of possibilities. Looking to grow your investment portfolio? This property can also be purchased as part of a package with four additional properties, providing an excellent opportunity to expand your rental holdings! Whether you're a seasoned investor or just getting started, don't miss this opportunity!

Details

MLS #12789676
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1945
Days On Site21
Listing Provided ByDickerson & Nieman Realtors - Rockford | Jayne Ragan

Features

Bed(s)3
Bath(s)2
Garage2
BasementY
ZoningMULTI

Interior

Rooms Total10
HeatingGas

Exterior

Construction MaterialsFrame

Parking

Parking FeaturesYes, Garage Owned, Detached, Garage
Garage Spaces2

Utilities

SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount1546.38

Area Information

StateIL
CountyWinnebago
CitySouth Beloit
Zip Code61080
AreaSouth Beloit
School DistrictSouth Beloit Sr High School
Elementary SchoolClark Elementary School
High SchoolSouth Beloit Sr High School
Listing VS Median (in 61080)
Price:
$145,000
low | high
Med:
$337,400
82.689655172414% of Average
On site:
21
low | high
Med:
148
14.189189189189% of Average
Sourced by Back At You

Market Activity 61080

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Learn More About This Property

StateIL
CountyWinnebago
CitySouth Beloit
Zip Code61080
AreaSouth Beloit
School DistrictSouth Beloit Sr High School
Elementary SchoolClark Elementary School
High SchoolSouth Beloit Sr High School
Listing VS Median (in 61080)
Price:
$145,000
low | high
Med:
$337,400
82.689655172414% of Average
On site:
21
low | high
Med:
148
14.189189189189% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $108K - $181K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
526 ROSCOE Avenue Property Photo 1
$170,000
526 Roscoe Avenue
South Beloit, IL 61080
603-605 BLACKHAWK Road Property Photo 1
$175,000
603-605 Blackhawk Road
South Beloit, IL 61080
Listing Updated: November 5, 2026 at 11:17:49 AM PST