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.
For sale
$475,000
522 S State St, Belvidere, IL 61008
--beds
--baths
4,180sqft
Est.:
5+ Units
Built in 1889
-- sqft lot
$-- Zestimate®
$114/sqft
$-- HOA
What's special
Three pool tablesFive slot machinesEntertainment amenitiesFull barCentral airCeiling fans
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