522 S State ST, Belvidere, IL 61008
522 S State ST, Belvidere, IL 61008
522 S State ST, Belvidere, IL 61008
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$450,000
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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 12669314

Year Built 1889

Annual Tax Amount $5,754

Tax Year 2025

Lot Dimensions 3681

Property Sub-Type Mixed Use

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.

Location

State IL

County Boone

Area Belvidere

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Midwest Real Estate Data (MRED) IDX
© 2026 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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