601 Pearl Street

Belvidere, IL 61008

$380,000
Price
6
Beds
4
Baths
3,622 Sq. Ft.
$105 / Sq. Ft.
3,622
Sq. Ft.
$105
per Sq. Ft.
a front view of a house with a yard
an aerial view of a house with a yard basket ball court and outdoor seating
an aerial view of multiple houses with yard
an aerial view of residential houses with outdoor space
a view of a house with a yard
a front view of a house with a yard
a front view of a house with garden
a view of a house with a yard
a view of entryway with wooden floor
a living room with furniture and a flat screen tv
a living room with furniture and a couch
a living room with furniture a flat screen tv and a window
a bedroom with a bed and a television
a kitchen with a refrigerator a stove a sink dishwasher and a refrigerator
a kitchen with a refrigerator a stove and a dining table with wooden floor
a bathroom with sink and mirror
a bedroom with furniture and a window
a bedroom with furniture and a window
a bathroom with a sink and a toilet
a bedroom with furniture and a potted plant
a bathroom with a sink and a mirror
a room with a refrigerator and a wooden floor
a living room with furniture and a book shelf
a bathroom with a sink toilet and shower
a living room with furniture and a window
a view of an entryway with wooden floor
a view of a garage
a view of a room with wooden walls
a view of a kitchen with furniture and a kitchen

Description

Investor opportunity alert! Beautiful Victorian fully rented 6-unit multifamily on 0.7-acre lot with 4 car garage with additional workshop, ample parking, and huge lot. Two 1-bedroom and four studio apartments. Front spiral staircase leads to the 3rd floor tower great with gorgeous views and a quiet atmosphere. Basement also has tenant storage closets, work/supply area and coin operated washer/dryer. Potential 7th basement apartment to rehab. All newer electrical and remodeled baths. GHW system....Investor opportunity alert! Beautiful Victorian fully rented 6-unit multifamily on 0.7-acre lot with 4 car garage with additional workshop, ample parking, and huge lot. Two 1-bedroom and four studio apartments. Front spiral staircase leads to the 3rd floor tower great with gorgeous views and a quiet atmosphere. Basement also has tenant storage closets, work/supply area and coin operated washer/dryer. Potential 7th basement apartment to rehab. All newer electrical and remodeled baths. GHW system. Separate electric meter for tenants. Tenant owned window AC units. Sold as is and no VA/FHA
  1. Listed by Carlos Serna • Century 21 Affiliated
    P: (815)-397-7700 C: (815)-262-3919 sernarealty@gmail.com

Property Details for 601 Pearl Street

Style
2 Story
Total # of Parking Spaces
6
LISTING UPDATED: 10/27/2024 05:13 PM

Property Details for 601 Pearl Street

StatusActive And Available
MLS #202406149
Days on Market20
Taxes$8,918 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 5+ Units
Year Built1950
Lot Size-
CountyBoone County

Building Information for 601 Pearl Street

Stories2Residences6Year Built1950Building Size-Lot Size-

Property Information for 601 Pearl Street

Summary
Location and General Information
  • Grid: B6
  • City: BELVIDERE
  • State: IL
  • Zip: 61008
  • Address: 601 Pearl Street
  • County: Boone County
  • Zip Code: 61008
  • Year Built: 1950
  • School District: Belvidere 100
  • Elementary School 1: Belvidere
  • Middle School: Belvidere Central Middle
  • High School: Belvidere High
Taxes and HOA
  • Tax Year: 2023
  • Taxes: $8,918
Property
Lot Information
  • Est Below Grade Fin SqFt: 0
  • Est Total Finished Sq. Ft.: 3622
  • Est Above Grade SqFt: 3622
Property and Assessments
  • Class: MULTIFAMILY
  • Type: 5+ Units
  • Status: ACTIVE and AVAILABLE
  • PIN: 0535232064
  • HUD: No
Utilities
  • Water: City
  • Sewer: City
  • Electric: Circuit Breaker
  • Separate Utilities: Yes
  • Separate Electric Y/N: Yes
  • Separate Water Y/N: No
Interior and Exterior Features
Exterior Features
  • Exterior: Wood
  • General Features: Additional Parking, Laundry in Building
  • Roof: Shingle
Interior Features
  • Water Heater: Gas
  • Heating: Hot Water/Steam
  • Cooling: None
  • Appl Stay/Incl: Dryer, Refrigerator, Stove/Cooktop, Washer
  • Basement Y/N: Yes
  • Separate Heat Y/N: Yes
  • Washer/Dryer CoinOp Y/N: Yes
  • Washer/Dryer Hookup Y/N: Yes
  • Washer/Dryer Y/N: Yes
Multi Family
Income and Expenses
  • Insurance/YR: $5,500
  • Maintenance/YR: $3,600
  • Management/YR: $5,196
  • Utilities/YR: $5,000
  • Legal/Account/YR: 0
  • Other/YR: 0
  • Potential Annual Income: $51,960
Multi Family Information
  • Number of Floors in Bldg: 2
  • Number of Tenants in Bldg: 6
  • Number of Units: 6
Unit 1
  • Unit 1 Range: Yes
  • Unit 1 Garage Capacity: 0
  • Unit 1 # Beds: 1
  • Unit 1 AC: n
  • Unit 1 Refrigerator: Yes
  • Unit 1 # Rooms: 2
  • Unit 1 # Baths: 1
  • Unit 1 Heat: y
  • Unit 1 SqFt: -
  • Unit 1 Lease/Deposit: 675
  • Unit 1 Rent: 675
Unit 2
  • Unit 2 Range: Yes
  • Unit 2 Garage Capacity: 0
  • Unit 2 # Beds: 1
  • Unit 2 AC: n
  • Unit 2 Refrigerator: Yes
  • Unit 2 # Rooms: 3
  • Unit 2 # Baths: 1
  • Unit 2 Heat: y
  • Unit 2 SqFt: -
  • Unit 2 Lease/Deposit: 830
  • Unit 2 Rent: 830
Unit 3
  • Unit 3 Range: Yes
  • Unit 3 Garage Capacity: 0
  • Unit 3 # Beds: 1
  • Unit 3 AC: n
  • Unit 3 Refrigerator: Yes
  • Unit 3 # Rooms: 2
  • Unit 3 # Baths: 1
  • Unit 3 Heat: y
  • Unit 3 SqFt: -
  • Unit 3 Lease/Deposit: 700
  • Unit 3 Rent: 700
Unit 4
  • Unit 4 Range: Yes
  • Unit 4 Garage Capacity: 0
  • Unit 4 # Beds: 1
  • Unit 4 AC: n
  • Unit 4 Refrigerator: Yes
  • Unit 4 # Rooms: 2
  • Unit 4 # Baths: 1
  • Unit 4 Heat: y
  • Unit 4 SqFt: -
  • Unit 4 Lease/Deposit: 650
  • Unit 4 Rent: 650
Unit 5
  • Unit 5 Range: Yes
  • Unit 5 Garage Capacity: 0
  • Unit 5 # Beds: 1
  • Unit 5 AC: n
  • Unit 5 Refrigerator: Yes
  • Unit 5 # Rooms: 3
  • Unit 5 # Baths: 1
  • Unit 5 Heat: y
  • Unit 5 SqFt: -
  • Unit 5 Lease/Deposit: 850
  • Unit 5 Rent: 850
Unit 6
  • Unit 6 Range: Yes
  • Unit 6 Garage Capacity: 0
  • Unit 6 # Beds: 1
  • Unit 6 AC: n
  • Unit 6 Refrigerator: Yes
  • Unit 6 # Rooms: 2
  • Unit 6 # Baths: 1
  • Unit 6 Heat: y
  • Unit 6 SqFt: -
  • Unit 6 Lease/Deposit: 625
  • Unit 6 Rent: 625
Rental
Rent Information
  • Lease: No

Property History for 601 Pearl Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 601 Pearl Street

Taxable ValueLand$22,542Additions$72,855Total$95,397
Tax Record2023$8,918 ($743 / month)
Home Facts
Total Finished SqFt1,761 SqFtAbove Grade Finished SqFt1,761 SqFtStories3Lot Size30,492 SqFtStyleMulti-Family Res (5+ Units)Year Built1950CountyBOONEAPN05-35-232-064

Schools near 601 Pearl Street

This home is within Belvidere Community Unit School District 100.
Rating
School
Type
Grades
Distance
Washington Academy
Public - PK to 5
Belvidere South Middle School
Public - 6 to 8
Belvidere High School
Public - 9 to 12
Everest High School
Public - 9 to 12
Rating
School
Distance
Washington Academy
PublicPK to 5

Belvidere South Middle School
Public6 to 8

Belvidere High School
Public9 to 12

Everest High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 601 Pearl Street, Belvidere, IL 61008

601 Pearl Street is a multi-family home for sale in Belvidere, IL 61008. This property was listed for sale on October 27, 2024 by Century 21 Affiliated, it's currently listed at $380,000. It has been on the market for a total of 20 days and was last sold on December 30, 2022. This listing's school district is Belvidere Community Unit School District 100. Nearby schools include Washington Academy, Belvidere South Middle School and Belvidere High School. 601 Pearl Street is a 6-bed, 4-bath, 3,622 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Affiliated

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/27/2024 05:13 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.