Multifamily

Belvidere, IL Multifamily Properties for Sale

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8 properties
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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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Two-Unit Residential Income Duplex
Updated: Jul 24
Two-Unit Residential Income Duplex

1011 WHITNEY Boulevard, Belvidere, IL 61008

$249,900
2,648 sqft
Duplex on Whitney in Belvidere sold as‑is (1011 and 1013 Whitney)
1011 Whitney layout: living room, kitchen, full bath with laundry on main floor; upstairs has 2 bedrooms, bonus room, and 1/2 bath
1013 Whitney layout: living room and kitchen with w/d plus 1 bedroom on main floor; upstairs has 2 bedrooms, bonus room, and full bath
Each unit includes kitchen appliances such as refrigerator and stove/cooktop
Heating is natural gas with central air cooling; shingle roof
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Two-Unit Duplex Investment
Two-Unit Duplex Investment

807 GARFIELD Avenue, Belvidere, IL 61008

$239,900
2,096 sqft

Duplex for sale featuring a main-floor unit and a two-story unit, both sold as-is in Belvidere.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

524 W Harrison St, Belvidere, IL 61008

$275,000
1,785 sqft

Two buildings provide separately configured apartments with private basements and off-street parking arrangements.

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Four-Unit Residential Property
Four-Unit Residential Property

524 W Harrison Street, Belvidere, IL 61008

$275,000
1,785 sqft

The property includes basement access, off-street parking, and established tenant occupancy.

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Rented Four-Unit Residential Building
Rented Four-Unit Residential Building

1016 S Main Street, Belvidere, IL 61008

$180,000
2,374 sqft

Four fully rented units with separate electric meters and a two-car garage.

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Two-Unit Duplex with Finished Basement
Two-Unit Duplex with Finished Basement

528 King St, Belvidere, IL 61008

$230,000

Two residential units provide distinct layouts, separate utility metering, and additional finished lower-level space.

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Mixed-Use Building with Bar and Lofts
Mixed-Use Building with Bar and Lofts

522 S State Street, Belvidere, IL 61008

Contact for pricing

Turnkey mixed-use property combining an established bar with fully occupied residential lofts and central air.

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Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 8 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

Opportunities in Nearby Cities

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

Quadplex with Private Garages
Quadplex with Private Garages

4968 Pine Meadow Parkway, Loves Park, IL 61111

$599,900
4,568 sqft

Four residential units feature private outdoor areas, in-unit laundry, individual mechanical systems, and tenant garages.

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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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Duplex With Attached Garage
Duplex With Attached Garage

2105 Forest View Road, Rockford, IL 61108

$289,999

Corner-lot duplex in Rockford with natural gas service and an attached garage.

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Rented Multifamily Portfolio Package
Rented Multifamily Portfolio Package

2022 Wilcox Rd, Rockford, IL 61108

Contact for pricing

Portfolio includes 19 rented multifamily properties with addresses and rents provided in the listing documents.

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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
View details
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
700 Chrysler Dr
MOBILE HOME PARK, TRAILER PARK

700 Chrysler Dr, Belvidere, IL 61008-6011

$375,000
Estimated value
1,539 sqft 34.13 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
View details

Belvidere, IL Multifamily Properties Market Trends and Statistics

Explore 26 multifamily properties for sale in Belvidere, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 14,868 square feet of properties for sale, with an estimated market value of $1,899,800.

Sale prices for multifamily properties in Belvidere, IL start at $180,000, averaging $271,400, and reaching up to $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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 3
Duplexes 3
Quadplexes 3

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 $234.9K

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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