Closed

$314,990

331 Belteberg Road, Loves Park, IL 61111
4 Beds4 Baths4 days
331 Belteberg Road·Loves Park, IL 61111
4Bedrooms
4Bathrooms
1958Year Built
About This Home

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.

MLS# 12302767Listed May 6, 2025Residential IncomeRanch
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Total Rooms12

Size & Structure

Garage Spaces4
Year Built1958
Lot Size0.410 acres

Location

CountyWinnebago
TownshipRockford
Zip Code61111

Financial

List Price$314,990
Annual Taxes (2023)$5,385
Monthly Tax Est.$449
Parcel #1101280025
Interior Features

Heating

Natural GasForced Air

Basement

None
Exterior & Lot

Construction

Frame

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$5,385
Tax Year 2023
Monthly Tax Est.
$449
per month
Property Location

331 Belteberg Road, Loves Park, IL 61111 — Winnebago County

$314,990
331 Belteberg Road
4 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
4-car garage
0.410 acres
$5,385/yr taxes
$2,104
estimated monthly payment
Principal & Interest
$1,655/mo
Property Tax
$449/mo
$314,990
20% — $62,998
3%50%
6.875%
3%12%
Loan Amount
$251,992
Down Payment
$62,998

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Todd Klein
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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