| 1 | $37,380 |
| 2 | $42,720 |
| 3 | $48,060 |
| 4 | $53,400 |
Favorites
815-604-8932
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Monthly Rent
$693 - $1,200
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Bedrooms
1 - 2 bd
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Bathrooms
1 ba
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Square Feet
652 - 1,109 sq ft
Pearl Place Apartments
Favorites
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.
Highlights
- Loft Layout
- High Ceilings
- Office
- Controlled Access
- Elevator
- Grill
- Property Manager on Site
Pricing & Floor Plans
filter results by bedrooms
Two Bedroom
$893 – $1,200
2 Beds
1 Bath
652 – 1,109 Sq Ft
$500 Deposit
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
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Unit 116Mprice $893square feet 652availibility Now
Two Bedroom
$893 – $1,200
2 Beds
1 Bath
652 – 1,109 Sq Ft
$500 Deposit
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
-
Unit 116Mprice $893square feet 652availibility Now
* 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.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$25
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Due at Move-In
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Storage FeeCharged per unit.$0
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Security Deposit - RefundableCharged per unit.$500
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Due at Application
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
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Water
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Trash Removal
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Sewer
Lease Options
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12 mo
Property Information
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Built in 1893
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56 units/3 stories
Specialty Housing Details
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This property is intended and operated for occupancy by persons 55 years of age or older.
Matterport 3D Tours
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
- Elevators
- 24-Hour Emergency Maintenance Available
- Off Street Parking
- Water-Sewer-Trash Included
- Downtown Location
- Courtyard w/Grills for Resident Use
- Onsite Management and Maintenance
- Energy Star Appliance
- Community Room
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 |
520 Pearl St,
Belvidere,
IL
61008
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
- Elevators
- 24-Hour Emergency Maintenance Available
- Off Street Parking
- Water-Sewer-Trash Included
- Downtown Location
- Courtyard w/Grills for Resident Use
- Onsite Management and Maintenance
- Energy Star Appliance
- 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
815-604-8932
| 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 |
Education
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 15 min | 8.9 mi | |
| Drive: | 18 min | 10.5 mi | |
| Drive: | 22 min | 11.5 mi | |
| Drive: | 52 min | 39.2 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 Elementary School
Grades PK-5
689 Students
Attendance Zone
Public High School
Grades 9-12
Nearby
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.
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.
Getting Around
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Fairly Walkable
Walkability
50
/ 100
Limited Public Transit
Transit
30
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Moderately Bikeable
Bikeability
70
/ 100
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Active
Soundscore™
75
/ 100
Traffic
ActiveAirport
CalmBusinesses
ActiveScores provided by
HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksPearl Place Apartments Photos
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Pearl Place Apartments
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1BR, 1BA - 697SF
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Community Exterior
Models
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1 Bedroom
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1 Bedroom
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2 Bedrooms
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2 Bedrooms
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 $693/mo. to $1,200/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 $693 for a one-bedroom, you would need to earn about $27,720 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.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
520 Pearl St
Belvidere, IL 61008