Property Description

Prime Downtown Belvidere Mixed-Use Investment Opportunity! This turnkey property offers strong, immediate cash flow with an established bar on the main level featuring a full kitchen, 5 gaming machines, and 3 pool tables. Upstairs, you’ll find five fully occupied residential lofts, each equipped with a stove, refrigerator, and microwave, and occupied by long-term tenants. The building has been well maintained and features central air conditioning throughout. Located in the heart of Downtown Belvidere and just minutes from the planned Metra station expected in 2027, this property is well positioned for future growth, increased demand, and long-term appreciation. A rare opportunity to acquire a fully occupied, income-producing asset in a rapidly developing area.

Features
: Forced Air, Natural Gas
: Central air
Location
US
IL
BELVIDERE
61008
State
522
W89° 9' 9''
N42° 15' 47.3''
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
06/05/2026
06/05/2026 14:43:38

522 State BELVIDERE, Illinois 61008

5+ Units For Sale
4,180 Sqft
$450,000

Reference ID: 202603280

Basic Details
Property Type : 5+ Units
Price : $450,000
Square Footage : 4,180 Sqft
Agent info

This listing is courtesy of

Fidel Batres

Keller Williams Realty Signature

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