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Illinois Boone County Belvidere

Pearl Place Apartments

520 Pearl St, Belvidere, IL 61008

2.0 (2 reviews)

Property Rating

2.0
OK
Out of 5

2.0 Blended Score

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Senior Housing 55+
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  • Monthly Rent

    $702 - $1,150

  • Bedrooms

    1 - 2 bd

  • Bathrooms

    1 ba

  • Square Feet

    652 - 1,109 sq ft

This property has income limits. Make sure you qualify.

Pearl Place Apartments
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Experience the convenience of downtown living, the quiet of a senior community, and the luxury of a newly renovated apartment when you live at Pearl Place! The oldest part of Pearl Place was originally built in 1893 as a school. It underwent several additions, changed from being a high school to a middle school, and then was later converted to an Affordable Housing apartment complex for seniors, which is what it was when Gorman & Company bought and took over the property in 2023, and what it still is today. Gorman & Company almost immediately began renovations on the building, updating and remodeling each apartment while working to restore and preserve the building's historic charm. We are proud to offer a variety of amenities including a courtyard with grills, elevators, a laundry room on every floor, on-call maintenance, a community room, a fitness center, and - soon - computers for resident use. Our 1- and 2-bedroom senior apartments are located in the heart of Belvidere, just off of State St and Logan Ave, situating it within walking distance to a myriad of local shops, cafés, bars, and restaurants, the Belvidere Community Building, and everything else downtown Belvidere has to offer. *Pearl Place Apartments is an Equal Housing Opportunity. Student and income restrictions apply, call our office for details.

Read More

Highlights

  • Loft Layout
  • High Ceilings
  • Office
  • Controlled Access
  • Elevator
  • Grill
  • Property Manager on Site

Pricing & Floor Plans

filter results by bedrooms
Cost Calculator: Estimate your monthly and one-time fees.
Two Bedroom
$845 – $1,150 2 Beds 1 Bath 652 – 1,109 Sq Ft $500 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 116M
    price $845
    square feet 652
    availibility Now
  • Unit 316M
    price $1,150
    square feet 988
    availibility Now
One Bedroom
$702 – $1,025 1 Bed 1 Bath 789 Sq Ft $500 Deposit
Not Available
Two Bedroom
$845 – $1,150 2 Beds 1 Bath 652 – 1,109 Sq Ft $500 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 116M
    price $845
    square feet 652
    availibility Now
  • Unit 316M
    price $1,150
    square feet 988
    availibility Now
One Bedroom
$702 – $1,025 1 Bed 1 Bath 789 Sq Ft $500 Deposit
Not Available
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $25
    • Due at Move-In
      • Storage Fee
        Charged per unit.
        $0
      • Security Deposit - Refundable
        Charged per unit.
        $500
  • Cats
    Max of 2
    Restrictions:
    Please call our leasing office for our complete Pet Policy information.
    Read More Read Less
    Comments
    Cats welcome!
    Read More Read Less
  • Surface Lot
    • Parking Deposit
      Charged per vehicle.
      $0
    Comments
    Please call our leasing office for our complete Parking information.
    Read More Read Less

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Utilities Included

  • Water
  • Trash Removal
  • Sewer

Lease Options

  • 12 mo

Property Information

  • Built in 1893
  • 56 units/3 stories

Specialty Housing Details

  • This property is intended and operated for occupancy by persons 55 years of age or older.

Matterport 3D Tours

1BR, 1BA - 697SF
1/2

About Pearl Place Apartments

Experience the convenience of downtown living, the quiet of a senior community, and the luxury of a newly renovated apartment when you live at Pearl Place! The oldest part of Pearl Place was originally built in 1893 as a school. It underwent several additions, changed from being a high school to a middle school, and then was later converted to an Affordable Housing apartment complex for seniors, which is what it was when Gorman & Company bought and took over the property in 2023, and what it still is today. Gorman & Company almost immediately began renovations on the building, updating and remodeling each apartment while working to restore and preserve the building's historic charm. We are proud to offer a variety of amenities including a courtyard with grills, elevators, a laundry room on every floor, on-call maintenance, a community room, a fitness center, and - soon - computers for resident use. Our 1- and 2-bedroom senior apartments are located in the heart of Belvidere, just off of State St and Logan Ave, situating it within walking distance to a myriad of local shops, cafés, bars, and restaurants, the Belvidere Community Building, and everything else downtown Belvidere has to offer. *Pearl Place Apartments is an Equal Housing Opportunity. Student and income restrictions apply, call our office for details.

Pearl Place Apartments is an apartment community located in Boone County and the 61008 ZIP Code. This area is served by the Belvidere Community Unit School District 100 attendance zone.

Unique Features

  • Downtown Location
  • Courtyard w/Grills for Resident Use
  • Onsite Management and Maintenance
  • Energy Star Appliance
  • 24-Hour Emergency Maintenance Available
  • Off Street Parking
  • Water-Sewer-Trash Included
  • Elevators
  • Community Room

Contact

View Property Website
Language: English
Open 9:30am - 3:30pm Today
  • Monday - Friday, 9:30am - 3:30pm
  • Saturday & Sunday, Closed
Property Management Company Logo

Community Amenities

Fitness Center

Laundry Facilities

Elevator

Clubhouse

  • Laundry Facilities
  • Controlled Access
  • Property Manager on Site
  • Video Patrol
  • Key Fob Entry
  • Elevator
  • Clubhouse
  • Lounge
  • Storage Space
  • Fitness Center
  • Courtyard
  • Grill

Apartment Features

Air Conditioning

Dishwasher

Loft Layout

Refrigerator

  • Air Conditioning
  • Ceiling Fans
  • Smoke Free
  • Cable Ready
  • Storage Space
  • Handrails
  • Wheelchair Accessible (Rooms)
  • Dishwasher
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Carpet
  • Tile Floors
  • Vinyl Flooring
  • High Ceilings
  • Office
  • Loft Layout

Income Restrictions

Income restrictions apply to some or all residents. Contact the community for more information.

How To Qualify

Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.
# Persons Annual Income
1 $37,380
2 $42,720
3 $48,060
4 $53,400
Location
520 Pearl St, Belvidere,
IL 61008
Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
City - Belvidere

The city of Belvidere is a cozy suburban community positioned on the east side of Rockford. The city is widely known for its State Street Historic District, which spans both banks of the Kishwaukee River. This part of town is packed with beautiful red brick buildings and vintage storefronts still in active use today, hosting a vast selection of popular cafes, boutique shops, and other locally-owned businesses. Known as “Illinois’ City of Murals,” Belvidere proudly displays countless public works of art all across the community, including numerous old-time hand-painted advertisements. A string of large nature preserves lining the riverbanks provides endless opportunities for spending quality time outdoors, and Magic Waters Waterpark just west of town makes a perfect destination for hot summer days.

Learn more about living in Belvidere 
Amenities
  • Laundry Facilities
  • Controlled Access
  • Property Manager on Site
  • Video Patrol
  • Key Fob Entry
  • Elevator
  • Clubhouse
  • Lounge
  • Storage Space
  • Courtyard
  • Grill
  • Fitness Center
  • Downtown Location
  • Courtyard w/Grills for Resident Use
  • Onsite Management and Maintenance
  • Energy Star Appliance
  • 24-Hour Emergency Maintenance Available
  • Off Street Parking
  • Water-Sewer-Trash Included
  • Elevators
  • Community Room
  • Air Conditioning
  • Ceiling Fans
  • Smoke Free
  • Cable Ready
  • Storage Space
  • Handrails
  • Wheelchair Accessible (Rooms)
  • Dishwasher
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Carpet
  • Tile Floors
  • Vinyl Flooring
  • High Ceilings
  • Office
  • Loft Layout
Expenses
Utilities Included
Water, Trash Removal, Sewer Included
Office Hours
Monday 9:30am - 3:30pm
Tuesday 9:30am - 3:30pm
Wednesday 9:30am - 3:30pm
Thursday 9:30am - 3:30pm
Friday 9:30am - 3:30pm
Saturday Closed
Sunday Closed
815-604-8932
Education
Colleges & Universities Distance
Colleges & Universities Distance
Rasmussen College-Illinois
Drive: 15 min 8.9 mi
Rockford University
Drive: 18 min 10.5 mi
Rock Valley College
Drive: 22 min 11.6 mi
Kishwaukee College
Drive: 54 min 39.4 mi
Pearl Place Apartments is within 15 minutes or 8.9 miles from Rasmussen College-Illinois. It is also near Rock Valley College and Rockford University.
Schools
  • Public Schools
  • Private Schools
Washington Academy
Public Elementary School
Grades PK-5
689 Students
Attendance Zone
Belvidere South Middle School
Public Middle School
Grades 6-8
780 Students
Attendance Zone
Belvidere High School
Public High School
Grades 9-12
1,210 Students
Attendance Zone
Rockford Christian Schools
Private Elementary, Middle & High School
Grades PK-12
744 Students
Nearby
St. James School
Private Elementary & Middle School
Grades PK-8
112 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology


Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

Pearl Place Apartments is near Chicago/Rockford International, located 19.4 miles or 33 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Harvard Station
Drive: 32 min 21.0 mi
Woodstock Station
Drive: 43 min 25.6 mi
Crystal Lake Station
Drive: 46 min 28.3 mi
Pingree Road Station
Drive: 51 min 30.7 mi
Mchenry Station
Drive: 59 min 35.4 mi
Airports Distance
Airports Distance
Chicago/Rockford International
Drive: 33 min 19.4 mi
Very Walkable
74
Walk Score®
Out of 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Minimal Transit
0
Transit Score®
Out of 100
Bikeable
67
Bike Score®
Out of 100
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
-
-
Soundscore™
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

Score provided by

Points of Interest

Time and distance from Pearl Place Apartments.

Shopping Centers Distance
Shopping Centers Distance
Belvidere Mini Mall
Walk: 6 min 0.3 mi
Riverside Plaza
Walk: 7 min 0.4 mi
North State Shopping Center
Drive: 2 min 1.1 mi
Pearl Place Apartments has 3 shopping centers within 1.1 miles, which is about a 2-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Boone County Conservation District
Drive: 4 min 1.7 mi
McKiski Preserve
Drive: 13 min 7.5 mi
Midway Village Museum
Drive: 16 min 9.1 mi
Espenscheid Memorial Preserve
Drive: 18 min 9.6 mi
Deer Run Preserve
Drive: 21 min 9.7 mi
Pearl Place Apartments has 5 parks within 9.7 miles, including Boone County Conservation District, McKiski Preserve, and Midway Village Museum.
Hospitals Distance
Hospitals Distance
OSF Saint Anthony Medical Center
Drive: 15 min 9.3 mi
Pearl Place Apartments is 9.3 miles and a 15 minute drive from OSF Saint Anthony Medical Center.
Military Bases Distance
Military Bases Distance
Fermi National Accelerator Lab Batavia
Drive: 70 min 49.5 mi
Fermi National Accelerator Lab Winfield
Drive: 78 min 51.1 mi
Pearl Place Apartments is 49.5 miles from Fermi National Accelerator Lab Batavia, and is convenient to other military bases, including Fermi National Accelerator Lab Winfield.
 
 

Property Ratings at Pearl Place Apartments

How Is This Rating Determined? How Is This Rating Determined? Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
2.0
OK
Out of 5

2.0 Blended Score

2 Renter Reviews

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Pearl Place Apartments Photos

  • Pearl Place Apartments

  • 1BR, 1BA - 697SF

  • Community Exterior

Models

  • 1 Bedroom

  • 1 Bedroom

  • 2 Bedrooms

  • 2 Bedrooms

Frequently Asked Questions
Does Pearl Place Apartments have in-unit laundry?

While Pearl Place Apartments does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.

What utilities are included in rent at Pearl Place Apartments?

Select utilities are included in rent at Pearl Place Apartments, including water, trash removal, and sewer. Residents are responsible for any other utilities not listed.

Is parking available at Pearl Place Apartments?

Parking is available at Pearl Place Apartments and is free of charge for residents.

Which floor plans are available, and what are the price ranges?

Pearl Place Apartments has one to two-bedrooms with rent ranges from $702/mo. to $1,150/mo.

Is Pearl Place Apartments pet-friendly?

Yes, Pearl Place Apartments welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Pearl Place Apartments?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $702 for a one-bedroom, you would need to earn about $28,080 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.

Does Pearl Place Apartments have move-in specials?

Pearl Place Apartments is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does Pearl Place Apartments offer Matterport 3D tours?

Yes! Pearl Place Apartments offers 2 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.

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520 Pearl St

Belvidere, IL 61008

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