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522 S State Street

BELVIDERE, IL 61008

$450,000 $1,897/Mo

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Overview

Bed

Bath

1,000

Sqft

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 Details

Property Type : Residential Income

Price : $450,000

AD Id : 80323906

MLS Id : 202603280

Beds : 5

Living Area Size : 1,000

Year Built : 1889

County : Boone

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5
Roofing Information

Metal
Interior Features

Roof: Metal Appliances: Microwave, Refrigerator, Gas Water Heater
Heating & Cooling

Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1889 Private Pool: No

Listing Price Information

Listing Price: $450000

Tax Information

Parcel Number: 0525360007 Tax Year: 2024 Annual Tax: $5732 Tax Legal Desc: 25-44-3 SLY 18' & WLY 35' OF SLY 38' OF LOT 19 & ALL OF LOTS 13 & 14 ASSRS SUR OF BLK 7 IN AARON WHITNEY'S ADD (EX ELY 20 FT X 38 FT OF LOTS 13 & 14). 522 S STATE ST

Parking Information

Parking Total: 20

School Information

Elementary School: Seth Whitman Elem

Junior High School: Belvidere Central Middle

Senior High School: Belvidere North

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ByOwner last updated this listing 06/10/2026 @ 06:56

MLS: 202603280 LISTED BY: Fidel Batres, Keller Williams Realty Signature 815-315-1111 SOURCE: NorthWest Illinois Alliance of REALTORS