3
Belvidere, IL Multifamily Homes & Duplexes for Sale
-
-
$470,000
- Studio
- 3,360 Sq Ft
120 E Madison St, Belvidere, IL 61008
120 E Madison St, Belvidere, IL 61008 -
$270,000
- Studio
- 2,492 Sq Ft
115 E Madison St, Belvidere, IL 61008
115 E Madison St, Belvidere, IL 61008
About Belvidere
Learning about Belvidere is as easy as taking a walk. The seat of Boone County was dubbed “City of Murals” by the Illinois Arts Council in 1997 after local artists crafted 10 depictions of the city’s historical roots on storefronts north and south of the Kishwaukee River. Today, over two dozen art pieces tell the story of Belvidere’s iconic fixtures, from major employer Chrysler to world-renowned architect Jeanne Gang. “It’s a way for families to look back on the city and find connections, saying, ‘My grandfather was a part of that,’” says Jose ...
Home Trends in Belvidere, IL
On average, homes in Belvidere, IL sell after 23 days on the market compared to the national average of 47 days. The average sale price for homes in Belvidere, IL over the last 12 months is $269,435, down 5% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$250,000
Median Single Family Price
$250,250
Median 2 Bedroom Price
$173,500
Average Price Per Sq Ft
$140
Number of Homes for Sale
25
Last 12 months Home Sales
539
Months of Supply
0.60
Median List Price
$249,900
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
In Belvidere, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $220,000 to $470,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Belvidere is $249,900, while the average sale price is $269,435, offering insights into the local housing market. On average, multi-family homes spend 23 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Belvidere, IL.
Belvidere Types of Homes for Sale
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