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  • $330,000

    331 Belteberg Rd, Loves Park, IL 61111

    4beds
    --sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $316,100 Zestimate®
    $--/sqft
    $1,322 Estimated rent

    What's special

    Turnkey 4-Unit Investment Property - Strong Rental Income And Excellent Tenant Appeal! Each 1-bedroom, 1-bathroom unit features a spacious living area and kitchen, providing comfortable living for tenants. The property sits on a generous half-acre lot, allowing for ample outdoor space and accommodating extra-large garage spaces for each tenant-perfect for parking and storage. Recent updates add value and reduce maintenance costs, including some new windows (2019), a new roof (2017), newer carpet in Unit #1, and a newer furnace in Unit #3. With strong rental potential and a prime location, this property is a must-see for investors. One unit can be shown and others are same layout and can be shown if buyer is serious after seeing the first unit. Limited showings available until the property is officially on the market-reach out to for more details. SOLD AS-IS Current rental income: Unit #1 & #4: 800 each Unit #2: 900 Unit #3: 750. Total rental income is 3,250/month.

    Zillow last checked: 7 hours ago

    Listing updated: June 20, 2025 at 09:05am

    Listing courtesy of:

    Todd Klein 847-609-8633,

    Compass

    Bought with:

    Joseph Eurek

    Dickerson & Nieman Realtors - Rockford

    Source: MRED as distributed by MLS GRID,MLS#: 12302767MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 4
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 4
    Lot
    • Size: 0.41 Acres
    • Dimensions: 138X156.5
    Details
    • Parcel number: 1101280025
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Loves Park

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    Services availability