522 S State Street
Belvidere, IL, 61008
$450,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12669314 image #0
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.

Property Details

Price:
$450,000
MLS #:
MRD12669314
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
belvidere
Listed Date:
Jun 5, 2026
Year Built:
1889
BelvidereBelvidere

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Exterior

Stories
2

Financial

Tax Year
2025
Taxes
$5,754

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Community

Market Summary

Current real estate data for Commercial in Belvidere as of Jun 18, 2026
2
Commercial Listed
60
Avg DOM
$424,950
Avg List Price

Property Summary

    522 S State Street Belvidere IL is a Commercial for sale in Belvidere, IL, 61008. It is listed for $450,000

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