Prime investment opportunity!
Details
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.
Category
Enterprise Zone
Location
522 S State StBelvidere, IL 61008
US
Financials
Sale Price: $475,000.00
Lease Price: --
Terms:
Sq. Ft.: --
Acres: 0.00000000
Tax: --
Tax Year: --
Features
In City Limits
Building
Sub-dividable
Expandable
Land
Build To Suit
Shovel-Ready
Industrial Park
Business Park
100-Year Flood Plain
Phase 1 Environmental Audit Complete
Utilities
Water
Sewer
Electric
Natural Gas
High Speed Telecom
Transportation
Broker Info
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Signature
Agency Phone: 815-315-1111
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
ECONOMIC DEVELOPMENT CONTACT
Pamela Lopez-Fettes
Growth Dimensions Economic Development
982 Belvidere Road
Belvidere, IL 61008
Work: 815-547-4252
Cell: 815-355-2250
Email: pfettes@growthdimensions.org
Posted On: 10-16-2025
Last Updated: 1 month ago
