601 Pearl Street, Belvidere, IL 61008

601 Pearl Street, Belvidere, IL 61008

0 beds 0 baths 0 Sqft

Listings courtesy of Keller Williams Realty Signature as distributed by MLS GRID.

Overview Neighborhood Amenities Price details

$399,900 Earn $7,998

42 days on Market

$399,900

Credit Back up to $7,998*

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Description:

Active - Other for sale

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!

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Listing Agent:

- Listed by: Olga Kampmeier

- Brokered by: Keller Williams Realty Signature • 815-315-1111

- Source: MRED as distributed by MLS GRID

- MLS Number: 12582892

- MLS Last Updated: Apr 13, 2026 at 08:11am EDT

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Furnished: Unfurnished

Status: Active

Listed Date: 03/02/2026

Days On Market: 42

Lot Size (Acres): 0.7

Lot Size (Square Feet): 30492

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Structure:

Year Built: 1850

Tax:

Parcel Number: 0535232064

Zoning: Multi

Score:

-belvidere-for-sale-601 pearl street, belvidere, il 61008-MRED12582892

Mortgage All cash

Monthly expenses $3,300

Property Tax $741

HOA Fee $0

Homeowners Insurance $107

Due at Close $385,904

List price $399,900

Closing costs $5,999

beycome Pre-paid title: $99Discover Title Services

beycome Credit Est. $8K

Disclaimer

Midwest Real Estate Data (MRED) 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data 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. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Apr 13, 2026 at 08:11am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Customer reviews

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