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Listed by Fidel Batresof Keller Williams Realty Signature
$ 475,000
Est. payment /mo
Active
522 S State Street Belvidere, IL 61008
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12486594
Year Built 1889
Annual Tax Amount $5,732
Tax Year 2024
Lot Dimensions 3681
Property Sub-Type Mixed Use
Property Description
Turnkey mixed-use investment in the heart of Downtown Belvidere. This property offers immediate cash flow with an established main-level bar, featuring a full kitchen, 5 slot machines, and 3 pool tables. The second level houses five fully equipped residential lofts (stove/fridge/microwave included), all occupied by long-term tenants. Well-maintained with Central A/C throughout. Situated near the future 2027 Metra station, this asset is positioned for exceptional appreciation and consistent income.
Location
State IL
County Boone
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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