522 South State Street, Belvidere, IL

$475,000

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About 522 South State Street

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.

Features of 522 South State Street

MLS® # 12486594
Price $475,000
Bathrooms 0.00
Acres 0.00
Year Built 1889
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 522 South State Street
Area Belvidere
City Belvidere
County Boone
State IL
Zip Code 61008

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 15
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Signature
Contact Info815-315-1111

Listing Map

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