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Amanda Handley
REALTOR®
(815) 519-2514
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456 Lathrop Terrace, South Beloit, IL 61080

$145,000
  • 456 Lathrop Terrace, South Beloit, IL 61080 Main Photo

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Featured Listing New to the Market Active
BEDS0 BATHS SQUARE FEET1,628 MLS#202606671
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLSouth Beloit 320-Cnty of Winneba

Property 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!

456 Lathrop Terrace | MLS# 202606671

This multi-family property located at 456 Lathrop Terrace, South Beloit, IL 61080 is currently listed for sale by DICKERSON & NIEMAN, with an asking price of $145,000. Lathrop Terrace is located within the South Beloit 320-Cnty of Winneba school district. Search South Beloit real estate on amandahandley.dickersonnieman.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Forced Air, Natural Gas
Home Style: 2 Units
Roof Type: Shingle
Taxes: $1,546

Appliances

Stove/Cooktop
Oven

Feature Descriptions

Days on Site: 1
Exterior: Wood
General Features: Additional Parking, Deck, Storage Area
Separate Utilities: Yes
Sewer: City
Water: City

Local Schools

School District: South Beloit 320-Cnty of Winneba

Listed By / Shown By

Listed By

Agency Name: DICKERSON & NIEMAN

agent picture

Shown By

Agent Name: Amanda Handley
Agent Phone: (815) 519-2514

Estimate Your Payment

Estimated Payment

$ 493.83 per month $322.71 Principal & Interest $128.83 Property Tax $42.29 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/22/2026. The listing information on this page last changed on 10/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 10/22/2026 12:21:04 AM EST) or MRED MLS (last updated Thu 10/22/2026 12:16:05 AM EST) or SCWMLS (last updated Wed 10/21/2026 11:55:21 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 10/21/2026 10:15:50 PM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 10/21/2026 2:10:09 PM EST). Real estate listings held by brokerage firms other than Dickerson & Nieman Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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