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522 S State Street, Belvidere, IL 61008

Belvidere
Local realty services provided by:CENTURY 21 Affiliated
522 S State Street,Belvidere, IL 61008
$450,000
  • - Beds
  • - Baths
  • 4,180 sq. ft.
  • Multi-family
  • Active
Listed by: fidel batres
Office: keller williams realty signature
MLS#:202603280
Source:IL_RAAR

Price summary

  • Price:$450,000
  • Price per sq. ft.:$107.66

About this home

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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Home facts

  • Listing ID #:202603280
  • Added:56 day(s) ago
  • Updated:August 01, 2026 at 12:43 AM

Rooms and interior

  • Kitchen Description:Microwave, Oven, Refrigerator, Stove/Cooktop
  • Living area:4,180 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Metal
  • Building area:4,180 sq. ft.
  • Construction Materials:Concrete
  • Levels:2 Story

Schools

  • High school:Belvidere North
  • Middle school:Belvidere Central Middle
  • Elementary school:Seth Whitman Elem

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$107.66

Features and amenities

  • Amenities:Additional Parking, Gas Water Heater

Parking

  • Parking description:Additional Parking

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