331 Belteberg Road

Loves Park IL 61111

0.41 ac.

Multi-Family

Last sold for $330,000

Todd Klein, last sold this property on 13 June 2025 after 37 days on market.

Overview

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.

Features

4 bedrooms

4 bathrooms

4 carspaces

4 garage spaces

0.41 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Loves Park over the last 12 months, the estimated median property value of 331 Belteberg Road is $330k.

Median value

$330k

Estimated value range

$261.2k - $360k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Loves Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.