601 Pearl Street

    Belvidere, IL 61008
    • $387,500
    • STATUS: Active
    • ON SITE: 571 days
    • MLS #: 10040399
    UPDATED: 19 min ago
    $387,500
    • 0
      BEDS
    • 0.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1883
    County:
    Area:

    School Ratings & Info

    Description

    There is a large open space at the back of the lot that could be re-purposed. The garage and office area is listed for lease for $1,200 - owner was previously using this as storage. This property has been in this family for over 60 years. New Roof in 2017 freshly painted will be completed by 9/30/18. Unit 1C is currently being renovated due to a fire. Washer and Dryer for tenant use in basement - coin op and not included in the income LOTS AND LOTS of upgrades to this building over the last 5 years, including whole unit remodels. $1200 for the garage is estimated and the garage is not currently leased out.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-02-26T16:52:10.8 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    601 Pearl Street Belvidere, IL 61008

    • Price: $387,500
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 10040399
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.7
    Acres
    1883
    Built
    Neighborhood:
    Belvidere
    County:
    Boone
    Area:
    Belvidere
    Property Description
    There is a large open space at the back of the lot that could be re-purposed. The garage and office area is listed for lease for $1,200 - owner was previously using this as storage. This property has been in this family for over 60 years. New Roof in 2017 freshly painted will be completed by 9/30/18. Unit 1C is currently being renovated due to a fire. Washer and Dryer for tenant use in basement - coin op and not included in the income LOTS AND LOTS of upgrades to this building over the last 5 years, including whole unit remodels. $1200 for the garage is estimated and the garage is not currently leased out.
    Exterior Features

    Construction Wood Frame Lot Dimensions 66'X296'X198'X82'X132'X214' Number Of Parking Spaces 12

    Interior Features

    Number Of Bedrooms Type5 1 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 1 Number Of Bedrooms Unit4 1 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Full Bathrooms Type4 1 Number Of Full Bathrooms Type5 1 Number Of Full Bathrooms Type6 0 Number Of Rooms Unit Five 3 Number Of Rooms Unit Four 3 Number Of Rooms Unit Six 3 Number Of Rooms Unit1 2 Number Of Rooms Unit2 2 Number Of Rooms Unit3 3 Number Of Rooms Unit7 0 Number Of Stories 2 Number Of Units Apt Type1 1 Number Of Units Apt Type2 3 Number Of Units Apt Type3 1 Number Of Units Apt Type4 1 Number Of Units Apt Type5 1 Number Of Units Apt Type6 1 Number Of Units Apt Type7 0 Repairs Decor Expense 0

    Property Features

    Age Older Built Before1978 YN Yes Electricity Expense 869 Exterior Building Type Cedar Fuel Expense 2008 Fuel Expense Source Actual Gross Rental Income Amount 5040 Heat Ventilation Hot Water Insurance Expense 4275 Janitor Expense 0 Monthly Income Max1 680 Monthly Income Max2 515 Monthly Income Max3 515 Monthly Income Max4 625 Monthly Income Max5 475 Monthly Income Max6 1000 Net Oper Income Amount 49310 Net Operating Income Year 2017 Other Expenses 0 Tax Year 2017 Taxes 6895 Tenant Pays Air Conditioning Total Annual Exp 4411 Total Annual Expense Source Actual Total Annual Income 60480 Total Monthly Income 5040 Township Belvidere Type Multi Family Other Water Expense 653 Water Expense Source Actual Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Grid 7 Properties.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-02-26T16:52:10.8 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Helen Oliveri Real Estate
    101 W. Gilmer Road
    Hawthorn Woods IL, 60047