IL > Belvidere
Belvidere, IL 61008,522 S State ST
Belvidere, IL 61008,522 S State ST
Belvidere, IL 61008,522 S State ST
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$475,000
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522 S State ST Belvidere, IL 61008

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12486594

Year Built 1889

Annual Tax Amount $5,732

Tax Year 2024

Lot Dimensions 3681

Property Sub-Type Mixed Use

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.

Location

State IL

County Boone

Area Belvidere

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Fidel Batres of  Keller Williams Realty Signature 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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522 S State ST

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