241-243 PEARL Avenue Loves Park, IL ^$ 230,000

241-243 PEARL Avenue

^$ 230,000

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241-243 PEARL Avenue

Loves Park, IL, 61111

^$ 230,000

Bedrooms4 Baths2.0 Sq 1,958

Monthly Estimate*

^$ 1,589

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Multi-Family Home for sale in Loves Park, IL

for $230,000 with 4 bedrooms and 2 full baths. This 1,958 square foot home was built in 1950.

Fantastic opportunity to own this all-brick duplex, perfect for an owner-occupant or investor! Each unit offers two bedrooms, one full bathroom, a private basement, and its own laundry facilities. The property also features a detached two-car garage and a spacious yard with plenty of room to enjoy the outdoors. Previously owner-occupied on one side, with the other unit rented for $1,200 per month, this property offers excellent income potential. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile property is full of possibilities!

Multi-Family Pending

Price

^$ 230,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,204

Style

Ranch

Year Built

1950

Town/City

Loves Park

County/Region

Winnebago

MLS | Web ID

12799421

Features

General

Sewer Public Sewer

Heating Gas

Possession Closing

Zoning MULTI

Garage Spaces 2

Architectural Style Ranch

Construction Materials Brick

Year Built 1950

Township Harlem

Tax Year 2025

Ownership Fee Simple

Community Features Sidewalks

County Winnebago

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 8

Status Pending

Directions CALL LISTING AGENT FOR DIRECTIONS

City Loves Park

High School District 122

MLS Area Loves Park

Tax Annual Amount 4204.96

Standard Status Pending

Middle/Junior School District 122

Elementary School District 122

Interior

Basement Unfinished Full

Total Bedrooms 4

Total Baths 2

Bedrooms Possible 4

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Garage Door Opener Yes Garage Owned Detached Garage

Water Source Public

Total Parking 2

Foundation Details Concrete Perimeter

Lot Dimensions 60X60X330.27X330.27

Waterfront Y/N N

* Excluded Features

List By

Dickerson & Nieman Realtors - Rockford

Broker

allib@dickersonnieman.com

Affordability Calculator

$1,939

Per Month

Monthly Principal & Interest: $1,589
Monthly Property Taxes: $350
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Loves Park, IL

Average List Price ^$601,960

Percent of Sale Price 162%

About Loves Park, IL

23,304 Population

10% Since 2002

^$49,502 Median Income

39.97 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566331 Elementary School

566682 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/4/2026	$230,000		Listed Price

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241-243 PEARL Avenue, Loves Park, IL, 61111 is a Multi-Family Home for sale at $230,000 with 1,958 sqft. 241-243 PEARL Avenue has 4 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 61111 which is in Loves Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 11/8/2026.

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241-243 PEARL Avenue

Multi-Family Home for sale in Loves Park, IL

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