Belvidere, IL
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    Belvidere, IL Apartment Buildings for Sale

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    Cherry Valley, IL Caledonia, IL Rockford, IL
    Victorian 6-Unit Investment Opportunity
    $399,900

    Victorian 6-Unit Investment Opportunity

    601 Pearl, Belvidere, IL 61008

    Charming 6-unit Victorian near downtown Belvidere with income potential.

    • Strong cash flow with all 6 units currently rented.
    • Additional income potential from detached 4‑car garage and two workshop spaces.
    • Potential to add a 7th unit by renovating the basement.
    • Separate electric services for each unit.
    • Desirable mix of four studio apartments and two 1‑bedroom units.
    Updated: Mar 3
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    Mixed-Use Investment in Downtown Belvidere
    $475,000
    4,180 SF

    Mixed-Use Investment in Downtown Belvidere

    522 South State Street, Belvidere, IL 61008

    Turnkey mixed-use property with established bar and residential lofts.

    • Turnkey mixed‑use investment property with immediate cash flow.
    • Established main‑level bar with full kitchen, slot machines, and pool tables.
    • Five fully equipped and occupied residential lofts on the second level.
    • Located near the future 2027 Metra station, promising appreciation.
    • Well‑maintained with Central A/C throughout the building.
    Updated: Sep 30, 2025
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    Based on your search, we've compiled 25 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Genoa Apartment Building For Sale
    $375,000

    Genoa Apartment Building For Sale

    Six-unit apartment building in growing Genoa community, great investment.

    105 S Sycamore Road, Genoa, IL 60135
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    Rockford Multifamily Investment Opportunity
    $2,449,000
    1.82 Acres

    Rockford Multifamily Investment Opportunity

    Multifamily property for sale in Rockford, Illinois.

    4115 Harrison Avenue, Rockford, IL 61108
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    Six-Unit Apartment Building For Sale
    $425,000

    Six-Unit Apartment Building For Sale

    Six-unit apartment building with diverse unit mix and parking.

    105 South Sycamore Street, Genoa, IL 60135
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    Five-Unit Multifamily Property in Rockford
    $699,000
    6,600 SF

    Five-Unit Multifamily Property in Rockford

    Fully occupied five-unit residential property with immediate cash flow.

    3420 Harrison Ave, Rockford, IL 61108
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details

    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

    4346 Rusa Trl

    APARTMENT HOUSE (5+ UNITS) • 0.25 Acres
    Value Estimation by Request
    4346 Rusa Trl, Belvidere, IL 61008-1997
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    4117 Waters Edge Dr

    4117 Waters Edge Dr

    APARTMENT HOUSE (5+ UNITS) • 0.29 Acres
    Value Estimation by Request
    4117 Waters Edge Dr, Belvidere, IL 61008-6726
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    2104 Christi Ln

    2104 Christi Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,604 SF
    Value Estimation
    $3,485,000
    2104 Christi Ln, Belvidere, IL 61008-7524
    View details
    909 Jackson St

    909 Jackson St

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,812 SF
    Value Estimation
    $1,980,000
    909 Jackson St, Belvidere, IL 61008-3062
    View details
    2107 Tobyne Dr

    2107 Tobyne Dr

    APARTMENT HOUSE (UNDER 5 UNITS) • 7,316 SF
    Value Estimation by Request
    2107 Tobyne Dr, Belvidere, IL 61008-1945
    View details
    815 Becky Ct

    815 Becky Ct

    APARTMENT HOUSE (UNDER 5 UNITS) • 8,040 SF
    Value Estimation
    $3,095,000
    815 Becky Ct, Belvidere, IL 61008-3093
    View details
    600 Whitman St

    600 Whitman St

    APARTMENT HOUSE (UNDER 5 UNITS) • 7,800 SF
    Value Estimation
    $585,000
    600 Whitman St, Belvidere, IL 61008-3084
    View details
    524 Beloit Rd, Unit 4

    524 Beloit Rd, Unit 4

    APARTMENT HOUSE (UNDER 5 UNITS) • 5,032 SF
    Value Estimation by Request
    524 Beloit Rd, Belvidere, IL 61008-1727
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    820 Lindenwood Ln

    820 Lindenwood Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 8,040 SF
    Value Estimation
    $595,000
    820 Lindenwood Ln, Belvidere, IL 61008-2568
    View details
    275 High Line St

    275 High Line St

    APARTMENT HOUSE (UNDER 5 UNITS) • 8,040 SF
    Value Estimation
    $585,000
    275 High Line St, Belvidere, IL 61008-1922
    View details
    909 Mckinley Ave

    909 Mckinley Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,070 SF
    Value Estimation by Request
    909 Mckinley Ave, Belvidere, IL 61008-1367
    View details
    919 Mckinley Ave

    919 Mckinley Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 8,140 SF
    Value Estimation
    $605,000
    919 Mckinley Ave, Belvidere, IL 61008-1368
    View details
    323 Harrison St

    323 Harrison St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,979 SF
    Value Estimation by Request
    323 Harrison St, Belvidere, IL 61008-2125
    View details
    620 Whitman St

    620 Whitman St

    APARTMENT HOUSE (UNDER 5 UNITS) • 7,340 SF
    Value Estimation
    $560,000
    620 Whitman St, Belvidere, IL 61008-3065
    View details
    601 Pearl Street Rd

    601 Pearl Street Rd

    Multifamily properties
    Value Estimation by Request
    601 Pearl Street Rd, Belvidere, IL 61008
    View details

    Belvidere, IL Apartment Buildings Investment Opportunities Market Analysis

    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 $475,000.

    Sale prices for two-family homes in Belvidere, IL start at $475,000, averaging $475,000, and reaching up to $475,000 — 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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    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61008 $450K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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