601 Pearl St

Belvidere, IL 61008
  • $399,900

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing 30203 - 71693,169541

Exceptional investment opportunity just blocks from downtown Belvidere! This stunning 6-unit Victorian offers strong cashflow with all units currently rented. The building features four studio apartments and two 1-bedroom units, providing a desirable mix for tenants. Each unit has separate electric services. The property showcases incredible curb appeal with its iconic tower, detailed trim work, well-maintained exterior and large .7 acre lot. Inside, the building offers charming character along with practical updates, including updated electrical and solid mechanicals. Additional income potential with a detached 4-car garage and two separate workshop spaces that can be rented for added revenue. The basement offers the possibility for a 7th unit with renovation, creating even more upside for the next owner. Don't miss this rare multi-unit opportunity!

Listing Highlights

Status Pending
Days on Site 42
Property Type Multi-Family
MLS ® 12582892
Year Built 1850
Total Square Footage 0
Lot/Acreage 0.7
County Boone

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Hot Water
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 661 X 198 X 661 X 198
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $8,887
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0535232064
  • Tax Year: 2024

Payment Calculator

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601 Pearl St Belvidere, IL 61008

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Originating MLS: mred

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