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456 LATHROP Terrace
SOUTH BELOIT IL 61080 US

$145,000

Active Listing ID 202606671
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4 bed
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1,628 square feet
bath icon
2.00 Bath (2 Full)
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Other

$145,000

Active Listing ID 202606671
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456 LATHROP Terrace 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!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Roof Type: Shingle
  • Heating Fuels: Forced Air, Natural Gas

School Information

  • School
  • Clark Elementary(Elementary)
  • South Beloit Jr High(MiddleSchool)
  • South Beloit Sr High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 145000
  • unparsedaddress: 456 LATHROP Terrace
  • postalcity: SOUTH BELOIT
  • stateorprovince: IL
  • country: US
  • postalcode: 61080
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 1628
  • livingareaunits: Square Feet
  • latitude: 42.488722
  • longitude: -89.034133
  • listagentfullname: Jayne Ragan
  • listagentemail: jayneragan@gmail.com
  • listagentkey: 3yd-RAARIL-5126
  • listagentmlsid: 5126
  • listagentpreferredphone: 8159887667
  • listagentofficephone: 8152275900
  • listofficekey: 3yd-RAARIL-91
  • listofficemlsid: 91
  • disclaimer: 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.
  • sourcesystemid: RAARIL
  • yearbuilt: 1945
  • listingcontractdate: 2026-10-20
  • listagenturl: http://dickersonnieman.com
  • parcelnumber: 0405376002
  • elementaryschool: Clark Elementary
  • highschool: South Beloit Sr High
  • elementaryschooldistrict: South Beloit 320-Cnty of Winnebago
  • middleorjuniorschooldistrict: South Beloit 320-Cnty of Winnebago
  • highschooldistrict: South Beloit 320-Cnty of Winnebago
  • appliances: Stove/Cooktop, Oven
  • heating: Forced Air, Natural Gas
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 2
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2, Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.034134, 42.488724
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Dickerson & Nieman", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jayneragan@gmail.com", "ListBrokerageCity":"Rockford", "ListBrokerageCountry":"US", "ListBrokerageEmail":"frankw@dickersonnieman.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/e82978119db811e0892400219b994c72k-c1115304916r.png", "ListBrokerageName":"Dickerson & Nieman", "ListBrokeragePhone":"(815) 381-6804", "ListBrokeragePostalCode":"61114", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6277 E. Riverside Blvd.", "ListBrokerageWebsiteUrl":"http://dickersonnieman.com", "ListOfficeAddress1":"6277 E RIVERSIDE ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"91", "ListOfficeCity":"ROCKFORD", "ListOfficeCountry":"US", "ListOfficeEmail":"moreinfo@dickersonnieman.com", "ListOfficePostalCode":"61114", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTIFAMILY, SOUTH BELOIT, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/456-Lathrop-Ter_South-Beloit_IL_61080_M80711-45202?f=listhub&s=RAARIL&m=202606671&c=rexren", "MLSModificationTimestamp":"2026-10-30 18:43:19", "Neighborhoods":[{"Description":null, "Name":"Winnebago County"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1546, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 10/30/2026 7:29:49 PM GMT
Source Updated Date: 11/4/2026 12:52:41 PM GMT

Courtesy of: Jayne Ragan, DICKERSON & NIEMAN, jayneragan@gmail.com

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.