NOT LISTED FOR SALE

Estimated Value: $189,000 - $228,000

Studio
2 Baths
1,856 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2025

Last sale price $210,000 $113 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,611 / mo

24 Days on Market

Highlights

  • Covered Patio or Porch
  • Hot Water Heating System
  • Laundry Facilities
  • Storage

About This Home

As of May 2025

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.

Last Agent to Sell the Property

Brandy Graves

Keller Williams Realty Signature License #475175567 Listed on: 04/07/2025

Keller Williams Realty Signature

Last Buyer's Agent

Marla Anderson

Advantage Realtors License #475194693

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,202

Year Built

  • Built in 1900

Lot Details

  • 7,667

Parking

  • Additional Parking

Home Design

  • Duplex
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Storage
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Outdoor Features

  • Covered Patio or Porch

Schools

  • Washington Elementary School
  • Belvidere South Middle School
  • Belvidere High School

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,202

Year Built

Built in 1900

Lot Details

7,667 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • General Features: Additional Parking, Laundry in Building, Storage Area, Porch Covered
  • Legal Description: T 3 BLK 3 J F ALLENS ADD 205 W F OURTH ST & 815 GARFIELD AVE
  • Lvt Date: 04/07/2025
  • Style: 2 Story
  • Type: 2 Units
  • Maintenance Yr: 500
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Agent Only_ L A1 User Code: 110242
  • Elementary School: Washington Elementary
  • Estimated Total Finished Sq Ft: 1856
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: 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.
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: 23,400
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1856
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Heating: Hot Water/Steam
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2023
  • Taxes: 4202

MLS Schools

  • HighSchool: Belvidere High
  • School District: Belvidere 100
  • Middle School: Belvidere South Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2012
Closed on
Apr 5, 2013
Bought by
Seller's Agent
Patty Hamer
Buyer's Agent
Angie Wait
Keller Williams Realty Signature
List Price
$54,900
Sold Price
$53,010
Premium/Discount to List
-$1,890
-3.44%
Current Estimated Value
$214,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,212
Avg. Annual Appreciation
11.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$53,010 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2025 05/23/25 Sold $210,000 -4.5% $113 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $220,000 +53.3% $119 / Sq Ft
06/16/2022 06/16/22 Sold $143,500 -1.0% $56 / Sq Ft View Prior Sale
05/06/2022 05/06/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $145,000 0.0% $57 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $145,000 +173.5% $57 / Sq Ft
03/18/2013 03/18/13 Sold $53,010 -3.4% $30 / Sq Ft View Prior Sale
03/01/2013 03/01/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $54,900 +3.6% $31 / Sq Ft
02/22/2013 02/22/13 Off Market $53,010 -- --
12/19/2012 12/19/12 Price Changed $54,900 -8.3% $31 / Sq Ft
11/18/2012 11/18/12 For Sale $59,900 -- $34 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,328 $66,900 $3,652 $63,248
2024 $5,328 $52,565 $3,652 $48,913
2023 $4,544 $44,290 $5,599 $38,691
2022 $2,677 $27,643 $5,599 $22,044
2021 $2,548 $26,248 $5,599 $20,649
2020 $2,471 $23,964 $5,903 $18,061
2019 $2,333 $39,814 $23,613 $16,201
2018 $2,397 $82,072 $66,259 $15,813
2017 $2,335 $21,944 $6,186 $15,758
2016 $2,326 $20,971 $6,086 $14,885
2015 $2,361 $20,691 $7,608 $13,083
2014 $410 $21,573 $7,608 $13,965
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202501663

NorthWest Illinois Alliance of REALTORS®

APN: 05-36-109-006

Your Personal Tour Guide

Ask me questions while you tour the home.