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Listed price in listed location currency (USD).
$425,000

006

MLS® 202601125

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1761 sqft
Garage No
Taxes $8,887
Days Active 1
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $241
MLS® Number 202601125

Property Address: 601 Pearl St, BELVIDERE, IL, 61008-5257

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity just blocks from downtown Belvidere! This stunning 6-unit Victorian offers strong cash flow 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!
MLS® Number202601125
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1900
BasementFull
DrivewayAdditional Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$425,000List Price
  • Commute

Commute

Starting Address
Destination Address
601 Pearl St, BELVIDERE, IL

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