522 State Belvidere, IL 61008, Belvidere , 61008
Listing ID: MRD12486594
Share
$475,000
Price
Built: 1889
Data last updated: October 27, 2025 at 04:27pm
Quick Access
Photos
Video

Property Description

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.

Other located at 522 State Belvidere, IL 61008. The property was built in 1889. 522 State Belvidere, IL 61008 is in the Belvidere neighborhood. Belvidere, and Boone County are nearby neighbourhoods.
Show More keyboard_arrow_down


Agent Contact: Fidel Batres Phone: 815-677-8331
Listing Courtesy of: Keller Williams Realty Signature
Source: mlsgrid , MLS#: MRD12486594

close
FB
Fidel Batres
815-677-8331

Here to help with your Real Estate inquiries

FB
Fidel Batres
815-677-8331
chat
Message
By sharing this listing, you have agreed with roomvu's terms and conditions of usage
$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment