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Listing provided courtesy of Keller Williams Realty SignatureMREDas Distributed by MLSGrid- MLS# 12616364MLS Provider

1016 S Main StreetBelvidere, IL 61008

Multi-Family · 2 Beds · 0.11 Acres
$200,000 Active

1016 S Main Street Overview

Time on Site:
80 days
Visits:
2

Completely rented 4 family home; a couple long term tenants. Main floor units are 1 bedroom/1 bath apartments and upstairs 2 units are studio apartments. 2 car garage. Gas hot water heat. Owner pays heat, water, sewer and garbage. Separate electric meters so tenants pay the electric.

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1016 S Main Street Facts & Features

  • Type Multi-Family
  • Lot 0.11 Acres

Details

General

School Information

  • School District: 100
  • Elementary School: Meehan Elementary School
  • Middle Or Junior School: Belvidere South Middle School
  • High School: Belvidere High School

Income/Expenses

  • Fuel Expense: 250
  • Gross Income: 2600
  • Insurance Expense: 1200
  • Trash Expense: 50
  • Water Sewer Expense: 50

Building Information

  • New Construction: No
  • Year Built: 1900

Location/Region

  • County Or Parish: Boone
  • MLS Area Major: Belvidere
  • Township: Belvidere

Tax Information

  • Tax Annual Amount: $3,444.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0536176009
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 2
  • Bedrooms Possible: 2
  • Full Baths Building: 4

General Information

  • Basement: Cellar, Full
  • Heating: Natural Gas, Steam
  • Rooms Total: 10

Exterior

Parking Information

  • Parking Features: No Garage, Yes, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 55.6x90.75
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Asbestos

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 700
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 650
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 650
  • Beds Total: 0
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 600
  • Beds Total: 0
  • Baths Total: 1

1016 S Main Street Neighborhood

Community

61008 (BELVIDERE) Demographics

39
Median Age
397
Population Density (per sq. mile)
29%
College Educated
$61,639
Estimated Median Income
9,835
Estimated Total Home Owners
2,550
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1016 S Main Street Monthly Cost

$
$ %
%
$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1016 S Main Street Market Data

Based on the last 30 days in this zip code

$303,328
Average List Price
$137
Average Price per Square Foot
52
Properties Sold
82
Average Days on Market
122
Properties for Sale
Calculations provided by Reliance Network

1016 S Main Street History

Date Event Value Agent
5/26/2026Source: MRED Status Change
Active
5/21/2026Source: MRED Price Reduction
$200,000 -7.0%
5/21/2026Source: MRED Status Change
Price Change
5/21/2026Source: NorthWest Illinois Alliance MLS Price Reduction
$200,000 -7.0%
4/16/2026Source: MRED Status Change
Active
4/11/2026Source: MRED Added to Database
April 11, 2026
4/10/2026Source: NorthWest Illinois Alliance MLS Added to Database
April 10, 2026