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$330,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
  • 4 Car Garage
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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.

Full Property Details for 331 Belteberg Rd

General

  • Sold For: $330,000
  • Taxes: $5,385 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12302767
  • Added to Site: 312 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Total Spaces: 4
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • Parking On-Site: Yes

Location

  • Area: Loves Park
  • County: Winnebago
  • Driving Directions: OFF HWY 251 NORTH OF RIVERSIDE.

School Information

  • School District: 122
  • Midd School District: 122

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Ranch
  • Construction: Frame
  • Exterior Const.: Frame
  • Basement Desc.: None
  • Roof: Asphalt
  • Year Built: 1958
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.41
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 138 x 156.5
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1958
  • Tax Amount: $5,385
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1101280025

Listed by Compass
Sold by Dickerson & Nieman Realtors - Rockford

Listing agent

— 331 Belteberg Rd —

  • Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 331 Belteberg Rd

School District:Harlem Unit School District 122
NameGradesDistance
Windsor Elementary School, Loves Park, IL
935 Windsor Road, Loves Park, IL 61111
1-60.8 mi
Harlem Middle School
735 Windsor Road, Loves Park, IL 61111
7-80.5 mi
Harlem High School
9229 North Alpine Road, Machesney Park, IL 61115
9-123.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 331 Belteberg Rd

Date
Details
Price
Change
Source
6/13/2025
Sold
$330,000
4.77%
MLS
5/06/2025
Listed
$314,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass
Sold by Dickerson & Nieman Realtors - Rockford

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331 Belteberg Road, Loves Park, IL 61111 (MLS# 12302767) is a Multi-Family property that was sold at $330,000 on June 13, 2025. Want to learn more about 331 Belteberg Road? Do you have questions about finding other Multi-Family real estate for sale in Loves Park? You can browse all Loves Park real estate or contact a Coldwell Banker agent to request more information.