Belvidere, IL Multifamily Properties for Sale

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Cherry Valley, IL Caledonia, IL Rockford, IL

$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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$200,000

1,187 SF

BELVIDERE Four-Unit Income Property

1016 S Main, Belvidere, IL 61008

Fully rented four-unit property in BELVIDERE, Illinois.

Fully rented 4‑family home provides immediate rental income
Includes a 2‑car garage
Separate electric meters allow tenants to pay their own electric bills
Mix of unit types (1 bed/1 bath and studio apartments) broadens tenant appeal
Gas hot water heat

Updated: Apr 10

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Mixed-Use Investment in Downtown Belvidere

$475,000

4,180 SF

Mixed-Use Investment in Downtown Belvidere

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

522 South State Street, Belvidere, IL 61008

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 3 Active listings in Belvidere, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 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.

$220,000

2,501 SF

Well-Maintained Duplex in Rockford, IL

Clean, move-in ready duplex with recent updates, ideal for investors.

2523 - 2525 Holmes, Rockford, IL 61108

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$284,999

Remodeled Duplex: Turn-Key Investment

Completely remodeled duplex in 2022, great investment opportunity.

4733 Javelin, Rockford, IL 61108

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$195,000

All-Brick Duplex with In-Law Suite

Side-by-side duplex with in-law suite potential, sold as-is.

2221 Denver, Rockford, IL 61108

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$195,000

All-Brick Duplex with In-Law Suite

Side-by-side duplex with in-law suite potential, sold as-is.

2221 Denver Drive, Rockford, IL 61108

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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.

Contact for pricing

0.12 Acres

Vacant Lot in Gated Community

Vacant lot in gated community with many amenities for seasonal living.

2795 E 28th Lot 1205 Road, Seneca, IL 61360

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Contact for pricing

3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484

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Contact for pricing

0.21 Acres

Menominee City Building Lot

Building lot near Henes Park, ready for construction.

605 46th Avenue, Menominee, MI 49858

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Contact for pricing

0.67 Acres

Residential Land in Riverdale

Vacant residential land suitable for building or mobile home placement.

TBD N Lumberjack Road, Riverdale, MI 48877

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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) • 0.25 Acres

Value Estimation by Request

4346 Rusa Trl, Belvidere, IL 61008-1997

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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

APARTMENT HOUSE (UNDER 5 UNITS) • 3,604 SF

Value Estimation

$3,485,000

2104 Christi Ln, Belvidere, IL 61008-7524

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909 Jackson St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,812 SF

Value Estimation

$1,980,000

909 Jackson St, Belvidere, IL 61008-3062

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2107 Tobyne Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 7,316 SF

Value Estimation by Request

2107 Tobyne Dr, Belvidere, IL 61008-1945

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815 Becky Ct

APARTMENT HOUSE (UNDER 5 UNITS) • 8,040 SF

Value Estimation

$3,095,000

815 Becky Ct, Belvidere, IL 61008-3093

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600 Whitman St

APARTMENT HOUSE (UNDER 5 UNITS) • 7,800 SF

Value Estimation

$585,000

600 Whitman St, Belvidere, IL 61008-3084

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700 Chrysler Dr

MOBILE HOME PARK, TRAILER PARK • 1,539 SF

Value Estimation by Request

700 Chrysler Dr, Belvidere, IL 61008-6011

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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

APARTMENT HOUSE (UNDER 5 UNITS) • 8,040 SF

Value Estimation

$595,000

820 Lindenwood Ln, Belvidere, IL 61008-2568

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275 High Line St

APARTMENT HOUSE (UNDER 5 UNITS) • 8,040 SF

Value Estimation

$585,000

275 High Line St, Belvidere, IL 61008-1922

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909 Mckinley Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 4,070 SF

Value Estimation by Request

909 Mckinley Ave, Belvidere, IL 61008-1367

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919 Mckinley Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 8,140 SF

Value Estimation

$605,000

919 Mckinley Ave, Belvidere, IL 61008-1368

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323 Harrison St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,979 SF

Value Estimation by Request

323 Harrison St, Belvidere, IL 61008-2125

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620 Whitman St

APARTMENT HOUSE (UNDER 5 UNITS) • 7,340 SF

Value Estimation

$560,000

620 Whitman St, Belvidere, IL 61008-3065

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601 Pearl Street Rd

Multifamily properties

Value Estimation by Request

601 Pearl Street Rd, Belvidere, IL 61008

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Belvidere, IL 61008

MOBILE HOME PARK, TRAILER PARK • 13.55 Acres

Value Estimation by Request

Belvidere, IL 61008

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Belvidere, IL 61008

MOBILE HOME PARK, TRAILER PARK • 25.48 Acres

Value Estimation by Request

Belvidere, IL 61008

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Belvidere, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 21 multifamily properties for sale in Belvidere, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,367 square feet of properties for sale, with an estimated market value of $675,000.

Sale prices for multifamily properties in Belvidere, IL start at $200,000, averaging $337,500, 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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Top Commercial Asset Segments

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	$391.2K

Taxes & Financing

Average Loan-to-Value 65.0%

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Belvidere, IL Multifamily Properties for Sale

Victorian 6-Unit Investment Opportunity

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

BELVIDERE Four-Unit Income Property

Fully rented four-unit property in BELVIDERE, Illinois.

Mixed-Use Investment in Downtown Belvidere

Opportunities in Nearby Cities

Well-Maintained Duplex in Rockford, IL

Remodeled Duplex: Turn-Key Investment

All-Brick Duplex with In-Law Suite

All-Brick Duplex with In-Law Suite

Potential Development Sites for Consideration

Vacant Lot in Gated Community

University Park Developable Land

Menominee City Building Lot

Residential Land in Riverdale

Off-Market Properties in Belvidere, IL

4346 Rusa Trl

4117 Waters Edge Dr

2104 Christi Ln

909 Jackson St

2107 Tobyne Dr

815 Becky Ct

600 Whitman St

700 Chrysler Dr

524 Beloit Rd, Unit 4

820 Lindenwood Ln

275 High Line St

909 Mckinley Ave

919 Mckinley Ave

323 Harrison St

620 Whitman St

601 Pearl Street Rd

Belvidere, IL 61008

Belvidere, IL 61008

Belvidere, IL Multifamily Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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