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522 S State Street Belvidere, IL 61008

$450,000
New / MLS# 12669314 / Commercial - Business / Belvidere
0 Beds

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.

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Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.08 Acres
Stories: 2.0
Taxes: $5,754
Year Built: 1889

Feature Descriptions

Electric: Fuses
Fire Protection: Alarm Monitored
HVAC: Forced Air
Lot Dimensions: 3681
Parcel#: 0525360007
Units: 5

Location

See details and scored characteristics about this location.

Listing Office: Keller Williams Realty Signature

Listing Office Phone: 815-315-1111



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