522 S State ST, Belvidere, IL 61008 - MLS#12486594 - - -

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melanie@mccluskyteam.com

$475,000

Est. payment - /mo

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12486594

Year Built 1889

Annual Tax Amount $5,732

Tax Year 2024

Lot Dimensions 3681

Property Sub-Type Mixed Use

Property Description

Turnkey mixed-use investment in the heart of Downtown Belvidere. This property offers immediate cash flow with an established main-level bar, featuring a full kitchen, 5 slot machines, and 3 pool tables. The second level houses five fully equipped residential lofts (stove/fridge/microwave included), all occupied by long-term tenants. Well-maintained with Central A/C throughout. Situated near the future 2027 Metra station, this asset is positioned for exceptional appreciation and consistent income.

Location

State IL

County Boone

Area Belvidere

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

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Listed by Fidel Batres of Keller Williams Realty Signature

Nearby School & Business

SCHOOLS PROPERTIES

Elementary Schools 7

6

Perry Elementary School

Public | KG - 5
5

Seth Whitman Elementary School

Public | KG - 5
4

Lincoln Elementary School

Public | KG - 5
4

Meehan Elementary School

Public | KG - 5
3

Washington Academy

Public | PK - 8
0

St James School

Private | PK - 8
0

Immanuel Lutheran School

Private | PK - 8

Middle Schools 2

5

Belvidere Central Middle School

Public | 6 - 8
4

Belvidere South Middle School

Public | 6 - 8

High Schools 4

6

Belvidere North High School

Public | 9 - 12
4

Belvidere High School

Public | 9 - 12
0

Regl Learning Academy Star Boone

Public | 9 - 12
0

Reg'L Learning Center Star Boone

Public | 9 - 12

School and business data provided by Attom Data.

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