465 Southtowne Dr Belvidere, IL 61008

Property Logo for 465 Southtowne Dr Belvidere, IL 61008
  • Featured Property

Details

Retail | 8,750 SqFt

Investment highlights

  • 2 of 3 existing units leased on month-to-month basis
  • Opportunity to solidify longer term base leases or reposition for new tenancy
  • 54 parking spaces (6.17 ratio)
  • Less than a half mile from Chrysler assembly plant which is scheduled to ramp up production by 2027
  • Located in Enterprise Zone

  • 2 of 3 existing units leased on month-to-month basis

  • Opportunity to solidify longer term base leases or reposition for new tenancy

  • 54 parking spaces (6.17 ratio)

  • Less than a half mile from Chrysler assembly plant which is scheduled to ramp up production by 2027

Category

Enterprise Zone, Site

Location

465 Southtowne Dr
Belvidere, IL 61008
US

Financials

Sale Price: $600,000.00

Lease Price: --

Terms:

Sq. Ft.: 8750

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

MATT SCALES
Associate Director Investments
Chicago Oak Brook
Direct: 630.570.2277
Matt.Scales@marcusmillichap.com
IL #475164713

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: 02-03-2026
Last Updated: 11 days ago