For sale
  • $475,000

    522 S State St, Belvidere, IL 61008

    --beds
    --baths
    4,180sqft
    : 
    5+ Units
    Built in 1889
    -- sqft lot
    $-- Zestimate®
    $114/sqft
    $-- HOA

    What's special

    Three pool tablesFive slot machinesEntertainment amenitiesFull barCentral airCeiling fans
    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.
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