2-family home offering a great investment opportunity! The spacious main-floor unit features over living space of 1700 sqft, 1 bedroom, a bright living room, formal dining room, and a large eat-in kitchen. The finished basement provides two additional rooms, Family room and a full bathroom, offering flexible space for a home office, recreation area, or storage. The upper unit is full of charm with 884 sqft and features 2 bedrooms, an eat-in kitchen, and a deck overlooking the backyard. The property is all electric with separate utility meters for each unit. The while the tenants covers electric and garbage services.
Prime Downtown Belvidere Mixed-Use Investment Opportunity! This turnkey property offers strong, immediate cash flow with an established bar on the main level featuring a full kitchen, 5 gaming machines, and 3 pool tables. Upstairs, you'll find five fully occupied residential lofts, each equipped with a stove, refrigerator, and microwave, and occupied by long-term tenants. The building has been well maintained and features central air conditioning throughout. Located in the heart of Downtown Belvidere and just minutes from the planned Metra station expected in 2027, this property is well positioned for future growth, increased demand, and long-term appreciation. A rare opportunity to acquire a fully occupied, income-producing asset in a rapidly developing area.
Completely rented 4 family home; a couple long term tenants. Main floor units are 1 bedroom/1 bath apartments and upstairs 2 units are studio apartments. 2 car garage. Gas hot water heat. Owner pays heat, water, sewer and garbage. Separate electric meters so tenants pay the electric.

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Belvidere is located in Illinois. Belvidere, Illinois has a population of 25,179. Belvidere is less family-centric than the surrounding county with 26.45% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Belvidere, Illinois is $57,507. The median household income for the surrounding county is $74,076 compared to the national median of $69,021. The median age of people living in Belvidere is 36.9 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 36.8 inches per year, with 34.7 inches of snow per year.