$375,000

Est. payment -/mo

$399,900

6.2%

Est.Price: ?

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601 Pearl ST Belvidere, IL 61008

0.7 Acres Lot

SOLD DATE : 06/22/2026

Key Details

Sold Price $375,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12582892

Sold Date 06/22/26

Year Built 1850

Annual Tax Amount $8,887

Tax Year 2024

Lot Size 0.700 Acres

Lot Dimensions 661 X 198 X 661 X 198

Property Sub-Type Multi Family 5+

Property Description

Exceptional investment opportunity just blocks from downtown Belvidere! This stunning 6-unit Victorian offers strong cashflow with all units currently rented. The building features four studio apartments and two 1-bedroom units, providing a desirable mix for tenants. Each unit has separate electric services. The property showcases incredible curb appeal with its iconic tower, detailed trim work, well-maintained exterior and large .7 acre lot. Inside, the building offers charming character along with practical updates, including updated electrical and solid mechanicals. Additional income potential with a detached 4-car garage and two separate workshop spaces that can be rented for added revenue. The basement offers the possibility for a 7th unit with renovation, creating even more upside for the next owner. Don't miss this rare multi-unit opportunity!