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Listing view 3

601 Pearl Street, 
Belvidere, IL 61008

$399,900


—

Bed


—

Bath


1,761

Sq Ft


Multi-Family

Pending

Listed by

Olga Kampmeier

Keller Williams Realty Signature

815-315-1111

Last updated:

June 20, 2026, 02:41 AM

MLS#

202601125

Source:

IL RAAR

About This Home

601 Pearl Street

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!

Home Facts

Multi-Family

Price Summary

399,900

$227 per Sq. Ft.

MLS #:

202601125

Last Updated:

June 20, 2026, 02:41 AM

Added:

7 month(s) ago


Rooms & Interior

Interior

Living Area:

1,761 Sq. Ft.


Structure

Structure

Building Area:

1,761 Sq. Ft.


Finances & Disclosures

Finances

Price:

$399,900

Price per Sq. Ft:

$227 per Sq. Ft.

Source:IL RAAR
The information being provided by NorthWest Illinois Alliance of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 NorthWest Illinois Alliance of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.