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Belvidere, IL Apartment Buildings for Sale

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Mixed-Use Downtown Building
Updated: Jun 5
Mixed-Use Downtown Building

522 S State Street, Belvidere, IL 61008

$450,000
4,180 sqft
Mixed‑use building with an established bar on the main level, plus five residential lofts upstairs
Bar includes a full kitchen, 5 gaming machines, and 3 pool tables
All five residential lofts are occupied by long‑term tenants and include a stove, refrigerator, and microwave
Central air conditioning throughout; forced air heating with natural gas
Metal roof; built in 1889
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Mixed-Use Building with Bar and Lofts
Updated: Jun 5
Mixed-Use Building with Bar and Lofts

522 S State Street, Belvidere, IL 61008

Contact for pricing
1889 mixed‑use building with an established bar on the main level and five residential lofts upstairs
Main‑level bar includes a full kitchen plus 5 gaming machines and 3 pool tables
All five residential lofts are fully occupied by long‑term tenants
Each loft is equipped with a stove, refrigerator, and microwave
Central air conditioning throughout the building
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Belvidere, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

48-Unit Apartment Complex
48-Unit Apartment Complex

604-620 E Grant Highway, Marengo, IL 60152

$6,999,970
2.42 AC lot

Two garden-style buildings provide separately metered apartments, with an onsite office, storage structure, and paved parking.

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Two-Building Apartment Portfolio
Two-Building Apartment Portfolio

208 Flintridge Dr, Rockford, IL 61107

$1,155,000
10,940 sqft

The offering includes two-bedroom, one-bath apartments with recent hot water system replacements and ongoing occupancy.

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48-Unit Garden Apartment Complex
48-Unit Garden Apartment Complex

604-620 E Grant Highway, Marengo, IL 60152

$6,999,970

Two-story garden-style buildings provide separate utilities and a mix of one- and two-bedroom apartments.

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Apartment Portfolio with 44 Units
Apartment Portfolio with 44 Units

4418 Eastridge Dr, Rockford, IL 61107

Contact for pricing

Multi-building portfolio offering 44 one-bedroom, one-bath apartment units across three buildings.

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Off-Market Properties in Belvidere, IL

Consider similar Off-Market properties in Belvidere, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4346 Rusa Trl
APARTMENT HOUSE (5+ UNITS)

4346 Rusa Trl, Belvidere, IL 61008-1997

$410,000
Estimated value
0.25 AC lot
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4117 Waters Edge Dr
APARTMENT HOUSE (5+ UNITS)

4117 Waters Edge Dr, Belvidere, IL 61008-6726

$275,000
Estimated value
0.29 AC lot
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2104 Christi Ln
APARTMENT HOUSE (UNDER 5 UNITS)

2104 Christi Ln, Belvidere, IL 61008-7524

$3,665,000
Estimated value
3,604 sqft 0.76 AC lot
View details
909 Jackson St
APARTMENT HOUSE (UNDER 5 UNITS)

909 Jackson St, Belvidere, IL 61008-3062

$2,300,000
Estimated value
4,812 sqft 0.42 AC lot
View details
2107 Tobyne Dr
APARTMENT HOUSE (UNDER 5 UNITS)

2107 Tobyne Dr, Belvidere, IL 61008-1945

$535,000
Estimated value
7,316 sqft 0.76 AC lot
View details
815 Becky Ct
APARTMENT HOUSE (UNDER 5 UNITS)

815 Becky Ct, Belvidere, IL 61008-3093

$3,590,000
Estimated value
8,040 sqft 0.73 AC lot
View details
600 Whitman St
APARTMENT HOUSE (UNDER 5 UNITS)

600 Whitman St, Belvidere, IL 61008-3084

$385,000
Estimated value
7,800 sqft 0.87 AC lot
View details
524 Beloit Rd, Unit 4
APARTMENT HOUSE (UNDER 5 UNITS)

524 Beloit Rd, Belvidere, IL 61008-1727

Unit 4
$420,000
Estimated value
5,032 sqft 0.54 AC lot
View details
820 Lindenwood Ln
APARTMENT HOUSE (UNDER 5 UNITS)

820 Lindenwood Ln, Belvidere, IL 61008-2568

$595,000
Estimated value
8,040 sqft 0.71 AC lot
View details
275 High Line St
APARTMENT HOUSE (UNDER 5 UNITS)

275 High Line St, Belvidere, IL 61008-1922

$585,000
Estimated value
8,040 sqft 0.64 AC lot
View details
909 Mckinley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

909 Mckinley Ave, Belvidere, IL 61008-1367

$365,000
Estimated value
4,070 sqft 0.84 AC lot
View details
919 Mckinley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

919 Mckinley Ave, Belvidere, IL 61008-1368

$605,000
Estimated value
8,140 sqft 0.84 AC lot
View details
323 Harrison St
APARTMENT HOUSE (UNDER 5 UNITS)

323 Harrison St, Belvidere, IL 61008-2125

$360,000
Estimated value
3,979 sqft 0.62 AC lot
View details
620 Whitman St
APARTMENT HOUSE (UNDER 5 UNITS)

620 Whitman St, Belvidere, IL 61008-3065

$380,000
Estimated value
7,340 sqft 0.79 AC lot
View details
601 Pearl Street Rd
Multifamily properties

601 Pearl Street Rd, Belvidere, IL 61008

Value Estimation by Request
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Belvidere, IL Apartment Buildings Market Trends and Statistics

Explore 17 apartment buildings for sale in Belvidere, IL on our real estate platform. These investment opportunities span a total of 4,180 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for two-family homes in Belvidere, IL average $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 34K
Population Growth (5Y) -1.7%
Median Household Income $75,833
College Educated 28.8%

High-Yield Neighborhoods for Investment

Identify Belvidere submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61008 $450K

Taxes & Financing

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Belvidere fall within the 50,000 to 100,000 square foot range.

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