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601 Pearl
BELVIDERE IL 61008 US

$425,000

Active Listing ID 202601125
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$425,000

Active Listing ID 202601125
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601 Pearl 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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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: None (Cooling)
  • Roof Type: Shingle
  • Heating Fuels: Hot Water (Heating), Steam

School Information

  • School
  • Washington Elementary(Elementary)
  • Belvidere South Middle(MiddleSchool)
  • Belvidere High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 425000
  • unparsedaddress: 601 Pearl
  • postalcity: BELVIDERE
  • stateorprovince: IL
  • country: US
  • postalcode: 61008
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 42.254528
  • longitude: -88.842074
  • listagentfullname: Olga Kampmeier
  • listagentemail: olgakampmeier@gmail.com
  • listagentkey: 3yd-RAARIL-110092
  • listagentmlsid: 110092
  • listagentpreferredphone: 8156219180
  • listagentofficephone: 8153151111
  • listofficekey: 3yd-RAARIL-654
  • listagentstatelicense: 475166479
  • listofficemlsid: 654
  • disclaimer: Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RAARIL
  • listingcontractdate: 2026-03-03
  • listagenturl: http://rockford.yourkwoffice.com/
  • parcelnumber: 0535232064
  • elementaryschool: Washington Elementary
  • highschool: Belvidere High
  • elementaryschooldistrict: Belvidere 100
  • middleorjuniorschooldistrict: Belvidere 100
  • highschooldistrict: Belvidere 100
  • appliances: None
  • cooling: None (Cooling)
  • heating: Hot Water (Heating), Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 6
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Additional Parking
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -88.84207, 42.254528
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Signature Real Estate Brokerage, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"olgakampmeier@gmail.com", "ListBrokerageCity":"Loves Park", "ListBrokerageCountry":"US", "ListBrokerageEmail":"KRedeker@KW.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RAARIL/c5ababc32164c61c01216513f21e0029/20200814134933301.png", "ListBrokerageName":"Signature Real Estate Brokerage, LLC", "ListBrokeragePhone":"(815) 315-1111", "ListBrokeragePostalCode":"61111", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"4201 Galleria Drive", "ListBrokerageWebsiteUrl":"http://rockford.yourkwoffice.com/", "ListOfficeAddress1":"4201 Galleria Dr.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1969", "ListOfficeCity":"Loves Park", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw812@kw.com", "ListOfficePostalCode":"61111", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"5+ Units - BELVIDERE, IL", "ListingURL":"https://listings.listhub.net/pages/RAARIL/202601125/?channel=rexren", "MLSModificationTimestamp":"2026-03-04T04:14:07Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"5+ Units", "RawPropertyType":"MultiFamily", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8887, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/4/2026 5:00:49 AM GMT
Source Updated Date: 3/11/2026 7:22:10 AM GMT

Courtesy of: Olga Kampmeier, Keller Williams Realty Signature, olgakampmeier@gmail.com

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.