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 meters—ideal 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 Chicago—making this property ideal for renters and commuters alike.
For sale
$220,000
205 W 4th St, Belvidere, IL 61008
--beds
--baths
1,856sqft
Est.:
2 Units
Built in 1900
-- sqft lot
$214,300 Zestimate®
$119/sqft
$-- HOA
What's special
Spacious full basementWasher and dryer hookupsNewer roof
- 18 days
- on Zillow |
- 597 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 06:58am
Listed by:
Brandy Graves 815-914-7752,
Century 21 Affiliated
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202501663

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Hot Water/Steam
Cooling
- None
Appliances
- Included: Refrigerator, Oven, Gas Water Heater
- Laundry: Common Area
Features
- Basement: Full
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
- Finished area above ground: 1,856
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
Details
- Parcel number: 0536109006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Units
Materials
- Siding
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & HOA
Community
- Features: Storage Area
- Subdivision: IL
Location
- Region: Belvidere
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $132,870
- Annual tax amount: $4,202
- Price range: $220K - $220K
- Date on market: 4/8/2025
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