601 Pearl Street, Belvidere, IL 61008

Local realty services provided by:CENTURY 21 Affiliated
601 Pearl Street,Belvidere, IL 61008
$399,900
  • - Beds
  • - Baths
  • 1,761 sq. ft.
  • Multi-family
  • Pending
Listed by: olga kampmeier
Office: keller williams realty signature
MLS#:202601125
Source:IL_RAAR

Price summary

  • Price:$399,900
  • Price per sq. ft.:$227.09

About this home

Exceptional investment opportunity just blocks from downtown Belvidere! This stunning 6-unit Victorian offers strong cash flow 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!

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Home facts

  • Listing ID #:202601125
  • Added:106 day(s) ago
  • Updated:June 19, 2026 at 02:40 AM

Rooms and interior

  • Basement Description:Full
  • Living area:1,761 sq. ft.

Heating and cooling

  • Heating:Hot Water/Steam

Structure and exterior

  • Roof:Shingle
  • Building area:1,761 sq. ft.
  • Construction Materials:Wood
  • Levels:2 Story

Schools

  • High school:Belvidere High
  • Middle school:Belvidere South Middle
  • Elementary school:Washington Elementary

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$227.09

Features and amenities

  • Amenities:Additional Parking, Gas Water Heater

Parking

  • Parking description:Additional Parking