Keller Williams Realty Signature
Listed by Keller Williams Realty Signature
$450,000
522 S State Street
Details
APN 0525360007
Property Type Mixed Use
Sub Type Mixed Use
Units 5
Year Built 1889
Stories 2
Lot Size (SqFt) 3,681
Mixed Use
Marketing 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.
Listing Contacts
Keller Williams Realty Signature
Listed by Keller Williams Realty Signature
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Zoning
CB CommercialCore CommercialCentral Business
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