IL
Boone
Belvidere
61008
522 S State Street
522 S State Street, Belvidere, IL 61008
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Listing Type
Commercial/Industrial
Listing Status
Active
67
$450,000
Home Details for 522 S State Street
Price
$450,000
Type
Commercial Sale
Year built
1889
County
Boone
MLS Listing#
12669314
Property Description
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.
Property Features
Cooling Information
- Central Air
Listing Courtesy: Keller Williams Realty Signature - 815-315-1111
Based on information submitted to the MLS GRID as of 2026-06-06 02:50:21. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Last Updated: 2026-06-06 02:50:21
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT REALTY REDEFINED - MAURER GROUP
4174 N. Perryville Rd, Loves Park, IL 61111Office
815 977 7411
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