522 S State St

Belvidere, IL 61008
  • $475,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing 30203 - 71591

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.

Listing Highlights for 522 S State St

Status Active
Days on Site 1
Property Type Commercial Sale
MLS ® 12486594
Year Built 1889
Total Square Footage 0
Lot/Acreage 0.08
County Boone

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 3681
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $5,732
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0525360007
  • Tax Year: 2024

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Questions About..

522 S State St Belvidere, IL 61008

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Originating MLS: mred

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