205 W 4th Street Belvidere, IL 61008
Listing Courtesy of: MLS LogoNORTHWEST ILLINOIS / Century 21 Affiliated / Brandy Graves

  205 W 4th Street Belvidere, IL 61008

Active (20 Days)
$220,000

Description

Fantastic Investment Opportunity in the Heart of Belvidere! This well-maintained multi-unit property is a must-see for an investor or owner-occupants looking to generate rental income. Featuring two fully separate rental units, each with its own boiler, hot water heater, gas, and electric metersideal for maximizing efficiency and tenant convenience. Enjoy the benefits of a newer roof and windows, ensuring durability and energy efficiency. A spacious full basement offers washer and dryer hookups and designated storage/laundry areas for each unit. Bonus: a detached 2-car garage with a newer door provides extra value and appeal. Unit 1 (Downstairs): 2 bedrooms, 1 bath, private entrance Unit 2 (Upstairs): 2 bedrooms, 1 bath, private entrance Conveniently located in Belvidere, this property offers strong rental potential and long-term value. Close to downtown, Hospital, and I-90 for easy access to Chicagomaking this property ideal for renters and commuters alike.

MLS #:
202501663
Taxes
$4,202(2023)
Type
Multifamily
Style
2 Story
School District
Belvidere 100
County
Boone County

Listed By

Brandy Graves, Century 21 Affiliated
Source
NORTHWEST ILLINOIS
Last checked Apr 26 2025 at 10:13 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Hot Water/Steam
Exterior Features
  • Siding
  • Roof: Shingle
Utility Information
  • Utilities: Gas
  • Sewer: City
School Information
  • Elementary School: Washington Elementary
  • Middle School: Belvidere South Middle
  • High School: Belvidere High
Living Area
  • 1,856 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Affiliated and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Northwest Illinois Alliance of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/26/25 15:13