Property Description

Prime investment opportunity in the heart of downtown Belvidere. This mixed-use commercial property features a well-established main-level business with a full bar, kitchen, three pool tables, five slot machines, and entertainment amenities including a juke box. The second level offers five fully equipped loft areas, each with a microwave, refrigerator, and stove, all occupied by long-term tenants providing consistent rental income. The property is well-maintained with central air and ceiling fans throughout, and its strategic location near the planned Metra train station opening in 2027 positions it for strong future appreciation. This asset combines immediate cash flow with excellent long-term growth potential.

Features
: Forced Air, Natural Gas
: Central air
Location
US
IL
Boone County
BELVIDERE
61008
State
522
W89° 9' 9''
N42° 15' 47.4''
522 S State Street
Additional Information
ACTIVE and AVAILABLE
$5,732
0
5
City
City
Gas
Batres
Keller Williams Realty Signature
: Concrete
1918
$0
$0
Belvidere 100
Seth Whitman Elem
Belvidere Central Middle
Belvidere North
: Additional Parking
10/07/2025
10/04/2025 21:06:18

522 State BELVIDERE, Illinois 61008

5+ Units For Sale
4,180 Sqft
$475,000

Reference ID: 202506148

Basic Details
Property Type : 5+ Units
Price : $475,000
Square Footage : 4,180 Sqft
Agent info

This listing is courtesy of

Fidel Batres

Keller Williams Realty Signature

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