REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 399,900
Est. payment | /mo
0.7 Acres Lot
$ 399,900
Est. payment | /mo
0.7 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12582892
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!
Location
State IL
County Boone
Area Belvidere
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Olga Kampmeier of Keller Williams Realty Signature
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "