# 456 LATHROP Terrace, South Beloit, IL 61080 > **TL;DR:** 4bd/2ba residential multi family, $145,000 ($89/sqft), built 1945, 1,628 sqft. Est. $775/mo. Listed 12 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $145,000 | | Price/sqft | $89 | | Bedrooms | 4 | | Bathrooms | 2 full | | Square Feet | 1,628 | | Year Built | 1945 | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 12 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $733 | | Estimated Insurance | $42 | | **Total** | **$775** | ## Nearby Schools - **Elementary:** Clark Elementary - **Middle:** South Beloit Jr High - **High:** South Beloit Sr High ## Property Highlights - Built in 1945 - 2 stories - 2 parking spaces ## Description ### Agent 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! ## Location - **Address:** 456 LATHROP Terrace, South Beloit, IL 61080 - **Coordinates:** 42.488722, -89.034133 - **Google Maps:** https://www.google.com/maps?q=42.488722,-89.034133 ## Virtual Tour & Media - **Video Tour:** https://wingis.org/maps/PropertySearch.html?Pin=0405376002 ## Listing Agent - **Name:** Jayne Ragan - **Brokerage:** Dickerson & Nieman - **Broker Phone:** (815) 381-6804 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/456-Lathrop-Ter_South-Beloit_IL_61080_M80711-45202?f=listhub&s=RAARIL&m=202606671&c=propsimple) ## Photos ![456 LATHROP Terrace - Photo 1](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f583863599r.jpg) ![456 LATHROP Terrace - Photo 2](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f3529971858r.jpg) ![456 LATHROP Terrace - Photo 3](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f1622323095r.jpg) ![456 LATHROP Terrace - Photo 4](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f3263353960r.jpg) ![456 LATHROP Terrace - Photo 5](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f1610909621r.jpg) ![456 LATHROP Terrace - Photo 6](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f1078745202r.jpg) ![456 LATHROP Terrace - Photo 7](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f3365419871r.jpg) ![456 LATHROP Terrace - Photo 8](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f1135277756r.jpg) ![456 LATHROP Terrace - Photo 9](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f3684242235r.jpg) ![456 LATHROP Terrace - Photo 10](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f2768797035r.jpg) ![456 LATHROP Terrace - Photo 11](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f2435399279r.jpg) ![456 LATHROP Terrace - Photo 12](http://lh.rdcpix.com/8eb6b26ce3e2e17245a4d22e40a864a2l-f2512070577r.jpg) --- **MLS#:** 202606671 | **Updated:** 2026-10-30 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/456-lathrop-terrace-south-beloit-il-61080-ee88c398a0b940399d2263bfe8e87b27) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/456-lathrop-terrace-south-beloit-il-61080-ee88c398a0b940399d2263bfe8e87b27#listing", "url": "https://staging.propertysimple.ai/listing/456-lathrop-terrace-south-beloit-il-61080-ee88c398a0b940399d2263bfe8e87b27", "name": "456 LATHROP Terrace, South Beloit, IL 61080", "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! 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