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Illinois

Residential Income

Boone County, IL Residential Income Properties for Sale

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Chicago, IL Springfield, IL Rockford, 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 a couple long‑term tenants
Unit mix: main floor has two 1BR/1BA apartments; upstairs has two studio apartments
Gas hot water heat; owner pays heat, water, sewer, and garbage
Separate electric meters—tenants pay electric
2‑car garage

This listing looks promising.

Here's a quick look at some key insights for

1016 S Main Street, BELVIDERE, IL 61008

View Property Analytics

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

Mixed-Use Building with Bar and Lofts

Updated: Jun 5

Mixed-Use Building with Bar and Lofts

522 S State Street, Belvidere, IL 61008

$450,000

4,180 sqft

1889‑built downtown Belvidere mixed‑use property with residential lofts and an established bar on the main level
Main level bar includes full kitchen plus 5 gaming machines and 3 pool tables
Upstairs features five residential lofts, all fully occupied by long‑term tenants
Each loft is equipped with a stove, refrigerator, and microwave
Central air conditioning throughout the building

Mixed-Use Investment in Downtown Belvidere

Mixed-Use Investment in Downtown Belvidere

522 South State Street, Belvidere, IL 61008

$475,000

4,180 sqft

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

Mixed-Use Building with Bar and Lofts

Mixed-Use Building with Bar and Lofts

522 S State Street, Belvidere, IL 61008

$450,000

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

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 4 Active listings in Boone County, IL, we suggest exploring several alternatives: similar 22 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

60 Acres Prime Agricultural Land

60 Acres Prime Agricultural Land

9202 TOWN HALL Road, Belvidere, IL 61008

$1,100,000

60.00 AC lot

Prime agricultural land near Belvidere, suitable for farming or development.

Rockford Land For Sale

Rockford Land For Sale

803 S Mulford Road, Rockford, IL 61108

$279,999

2.32 AC lot

2.32 acre commercial land available in Rockford, Illinois.

Residential Lot in Rockford, IL

Residential Lot in Rockford, IL

661 Donna Drive, Rockford, IL 61107

Contact for pricing

0.27 AC lot

Buildable residential lot available in Rockford, Illinois.

Rockford Land in Established Neighborhood

Rockford Land in Established Neighborhood

5398 Crestdale Drive, Rockford, IL 61114

Contact for pricing

0.25 AC lot

Land for single-family home in established Rockford neighborhood.

Off-Market Properties in Boone County, IL

Consider similar Off-Market properties in Boone County, 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.

12309 Lakeview Dr

APARTMENT HOUSE (5+ UNITS)

12309 Lakeview Dr, Loves Park, IL 61111-8934

Value Estimation by Request

0.30 AC lot

1029 Coney Is Dr

APARTMENT HOUSE (5+ UNITS)

1029 Coney Is Dr, Loves Park, IL 61111-8914

Value Estimation by Request

0.25 AC lot

APARTMENT HOUSE (5+ UNITS)

4346 Rusa Trl, Belvidere, IL 61008-1997

Value Estimation by Request

0.25 AC lot

4117 Waters Edge Dr

APARTMENT HOUSE (5+ UNITS)

4117 Waters Edge Dr, Belvidere, IL 61008-6726

Value Estimation by Request

0.29 AC lot

435 Blue Spruce Dr

APARTMENT HOUSE (5+ UNITS)

435 Blue Spruce Dr, Poplar Grove, IL 61065-8570

Value Estimation by Request

0.25 AC lot

2104 Christi Ln

APARTMENT HOUSE (UNDER 5 UNITS)

2104 Christi Ln, Belvidere, IL 61008-7524

$3,485,000

Estimated value

3,604 sqft · 0.76 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

909 Jackson St, Belvidere, IL 61008-3062

$1,980,000

Estimated value

4,812 sqft · 0.42 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

2107 Tobyne Dr, Belvidere, IL 61008-1945

Value Estimation by Request

7,316 sqft · 0.76 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

815 Becky Ct, Belvidere, IL 61008-3093

$3,095,000

Estimated value

8,040 sqft · 0.73 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

600 Whitman St, Belvidere, IL 61008-3084

$585,000

Estimated value

7,800 sqft · 0.87 AC lot

700 Chrysler Dr

MOBILE HOME PARK, TRAILER PARK

700 Chrysler Dr, Belvidere, IL 61008-6011

Value Estimation by Request

1,539 sqft · 34.13 AC lot

524 Beloit Rd, Unit 4

APARTMENT HOUSE (UNDER 5 UNITS)

524 Beloit Rd, Belvidere, IL 61008-1727

Unit 4

Value Estimation by Request

5,032 sqft · 0.54 AC lot

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

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

909 Mckinley Ave

APARTMENT HOUSE (UNDER 5 UNITS)

909 Mckinley Ave, Belvidere, IL 61008-1367

Value Estimation by Request

4,070 sqft · 0.84 AC lot

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

323 Harrison St

APARTMENT HOUSE (UNDER 5 UNITS)

323 Harrison St, Belvidere, IL 61008-2125

Value Estimation by Request

3,979 sqft · 0.62 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

620 Whitman St, Belvidere, IL 61008-3065

$560,000

Estimated value

7,340 sqft · 0.79 AC lot

Multifamily properties

4423 Menge Ln, Poplar Grove, IL 61065

Value Estimation by Request

1,448 sqft

601 Pearl Street Rd

Multifamily properties

601 Pearl Street Rd, Belvidere, IL 61008

Value Estimation by Request

Boone County, IL Residential Income Properties Market Trends and Statistics

Explore 26 residential income properties for sale in Boone County, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,734 square feet of properties for sale, with an estimated market value of $1,125,000.

Sale prices for residential income properties in Boone County, IL start at $200,000, averaging $375,000, 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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