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    Belvidere, IL
    Quadplex

    Belvidere, IL Quadplexes for Sale

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    Cherry Valley, IL Caledonia, IL Rockford, IL Poplar Grove, IL Loves Park, IL Garden Prairie, IL Capron, IL Fairdale, IL
    Rented Four-Family Home
    Updated: Apr 10
    Rented Four-Family Home

    1016 S Main Street, Belvidere, IL 61008

    $200,000
    2,374 sqft
    Completely rented 4‑family home with long‑term tenants
    Unit mix: main floor 1BR/1BA apartments and upstairs studio apartments
    2‑car garage plus separate electric meters (tenants pay electric)
    Gas hot water heat; owner pays heat, water, sewer, and garbage
    Year built 1900; roof type shingle
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    This listing looks promising.

    Here's a quick look at some key insights for

    1016 S Main Street, BELVIDERE, IL 61008

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $222K
      Above asking

    • Property Type

      Residential (General/Single)
      Built 1900
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Belvidere, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

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

    820 Cottage Grove Avenue, Rockford, IL 61103

    $460,000
    3,690 sqft

    Well-maintained four-unit building with 2-bedroom apartments, in-unit laundry for two units, and a detached four-car garage.

    View details
    Four-Unit Income Property
    Four-Unit Income Property

    722/724 W Grant Highway, Marengo, IL 60152

    $385,000
    0.60 AC lot

    Four rental units with separate electric bills on a sizable lot with substantial frontage.

    View details
    Four-Unit Income Property
    Four-Unit Income Property

    722/724 W Grant Highway, Marengo, IL 60152

    $385,000
    0.60 AC lot

    Four rental units on a sizable frontage parcel with separate electric billing, offered for sale as-is in a B2 area.

    View details
    Two Buildings, Four Apartments
    Two Buildings, Four Apartments

    1607 4th Avenue, Rockford, IL 61104

    $205,000

    Two buildings with four apartments, ideal for investors or owner-occupants.

    View details

    Belvidere, IL Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Belvidere, IL on our real estate platform. These investment opportunities span a total of 2,374 square feet of properties for sale, with an estimated market value of $200,000.

    Sale prices for four-unit buildings in Belvidere, IL start at $200,000, averaging $200,000, and reaching up to $200,000 — 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 2
    Quadplexes 1

    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 $200K

    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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