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522 S State Street Belvidere, IL $ 450,000
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522 S State Street
$ 450,000
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522 S State Street

Belvidere, IL, 61008
$ 450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,771

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Commercial Property for sale in Belvidere, IL

for $450,000. This building was built in 1889 on a lot size of 0.084504.

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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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 5,754

Style

Lot Size

0.084504

Year Built

1889

Town/City

Belvidere

County/Region

Boone

MLS | Web ID

12669314
Features
General
Cooling Central Air
Year Built 1889
Electric Fuses
Stories Count 2
Property Subtype Mixed Use
Tax Year 2025
Gross Income 2725
Additional Parcels Description 0525360008 0525360024 0525360025
County Boone
Insurance Expense 4750
Property Type Commercial Sale Mixed Use
Status New
Directions i90 to Bus 20 to N State St
City Belvidere
Number Of Units Total 5
MLS Area Belvidere
Lot Size Square Feet 3681
Tax Annual Amount 5754
Electric Expense 0
Fuel Expense 50
Trash Expense 0
Water Sewer Expense 250
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 3681
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* Excluded Features
List By
Keller Williams Realty Signature

Broker

fidel@fidelityrealestategrp.com

Email

Affordability Calculator

$3,250
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$480
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/5/2026$450,000 Listed Price

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522 S State Street, Belvidere, IL, 61008 is a Commercial Property for sale at $450,000 with a lot size of 0.084504. 522 S State Street was built in 1889. The property's zip code is 61008 which is in Belvidere, IL

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