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Belvidere, IL Apartment Buildings for Sale

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Cherry Valley, IL Caledonia, IL Rockford, IL
Mixed-Use Building with Bar and Lofts
Updated: Jun 5
Mixed-Use Building with Bar and Lofts

522 S State Street, Belvidere, IL 61008

$450,000
4,180 sqft
1889‑built downtown Belvidere mixed‑use property with residential lofts and an established bar on the main level
Main level bar includes full kitchen plus 5 gaming machines and 3 pool tables
Upstairs features five residential lofts, all fully occupied by long‑term tenants
Each loft is equipped with a stove, refrigerator, and microwave
Central air conditioning throughout the building
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Mixed-Use Investment in Downtown Belvidere
Updated: Sep 30, 2025
Mixed-Use Investment in Downtown Belvidere

522 South State Street, Belvidere, IL 61008

$475,000
4,180 sqft
Turnkey mixed‑use investment property with immediate cash flow.
Established main‑level bar with full kitchen, slot machines, and pool tables.
Five fully equipped and occupied residential lofts on the second level.
Located near the future 2027 Metra station, promising appreciation.
Well‑maintained with Central A/C throughout the building.
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Mixed-Use Building with Bar and Lofts
Mixed-Use Building with Bar and Lofts

522 S State Street, Belvidere, IL 61008

$450,000

Turnkey mixed-use property combining an established bar with fully occupied residential lofts and central air.

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Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 3 Active listings in Belvidere, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Townhome-Style Multifamily with Basements
Townhome-Style Multifamily with Basements

1830 Remington Street, Rockford, IL 61108

$700,000
6,014 sqft

Townhome-style units with full basements and individual patios, supported by off-street parking and a garage/storage building.

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Rockford Multifamily Investment Opportunity
Rockford Multifamily Investment Opportunity

4115 Harrison Avenue, Rockford, IL 61108

$2,449,000
1.82 AC lot

Multifamily property for sale in Rockford, Illinois.

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Genoa Apartment Building For Sale
Genoa Apartment Building For Sale

105 S Sycamore Road, Genoa, IL 60135

$375,000

Six-unit apartment building in growing Genoa community, great investment.

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Six-Unit Apartment Building For Sale
Six-Unit Apartment Building For Sale

105 South Sycamore Street, Genoa, IL 60135

$425,000

Six-unit apartment building with diverse unit mix and parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Off-Market Properties in Belvidere, IL

Consider similar Off-Market properties in Belvidere, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4346 Rusa Trl
APARTMENT HOUSE (5+ UNITS)

4346 Rusa Trl, Belvidere, IL 61008-1997

Value Estimation by Request
0.25 AC lot
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4117 Waters Edge Dr
APARTMENT HOUSE (5+ UNITS)

4117 Waters Edge Dr, Belvidere, IL 61008-6726

Value Estimation by Request
0.29 AC lot
View details
2104 Christi Ln
APARTMENT HOUSE (UNDER 5 UNITS)

2104 Christi Ln, Belvidere, IL 61008-7524

$3,485,000
Estimated value
3,604 sqft · 0.76 AC lot
View details
909 Jackson St
APARTMENT HOUSE (UNDER 5 UNITS)

909 Jackson St, Belvidere, IL 61008-3062

$1,980,000
Estimated value
4,812 sqft · 0.42 AC lot
View details
2107 Tobyne Dr
APARTMENT HOUSE (UNDER 5 UNITS)

2107 Tobyne Dr, Belvidere, IL 61008-1945

Value Estimation by Request
7,316 sqft · 0.76 AC lot
View details
815 Becky Ct
APARTMENT HOUSE (UNDER 5 UNITS)

815 Becky Ct, Belvidere, IL 61008-3093

$3,095,000
Estimated value
8,040 sqft · 0.73 AC lot
View details
600 Whitman St
APARTMENT HOUSE (UNDER 5 UNITS)

600 Whitman St, Belvidere, IL 61008-3084

$585,000
Estimated value
7,800 sqft · 0.87 AC lot
View details
524 Beloit Rd, Unit 4
APARTMENT HOUSE (UNDER 5 UNITS)

524 Beloit Rd, Belvidere, IL 61008-1727

Unit 4
Value Estimation by Request
5,032 sqft · 0.54 AC lot
View details
820 Lindenwood Ln
APARTMENT HOUSE (UNDER 5 UNITS)

820 Lindenwood Ln, Belvidere, IL 61008-2568

$595,000
Estimated value
8,040 sqft · 0.71 AC lot
View details
275 High Line St
APARTMENT HOUSE (UNDER 5 UNITS)

275 High Line St, Belvidere, IL 61008-1922

$585,000
Estimated value
8,040 sqft · 0.64 AC lot
View details
909 Mckinley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

909 Mckinley Ave, Belvidere, IL 61008-1367

Value Estimation by Request
4,070 sqft · 0.84 AC lot
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919 Mckinley Ave
APARTMENT HOUSE (UNDER 5 UNITS)

919 Mckinley Ave, Belvidere, IL 61008-1368

$605,000
Estimated value
8,140 sqft · 0.84 AC lot
View details
323 Harrison St
APARTMENT HOUSE (UNDER 5 UNITS)

323 Harrison St, Belvidere, IL 61008-2125

Value Estimation by Request
3,979 sqft · 0.62 AC lot
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620 Whitman St
APARTMENT HOUSE (UNDER 5 UNITS)

620 Whitman St, Belvidere, IL 61008-3065

$560,000
Estimated value
7,340 sqft · 0.79 AC lot
View details
601 Pearl Street Rd
Multifamily properties

601 Pearl Street Rd, Belvidere, IL 61008

Value Estimation by Request
View details

Belvidere, IL Apartment Buildings Market Trends and Statistics

Explore 18 apartment buildings for sale in Belvidere, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,360 square feet of properties for sale, with an estimated market value of $925,000.

Sale prices for two-family homes in Belvidere, IL start at $450,000, averaging $462,500, and reaching up to $475,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 34K
Population Growth (5Y) -1.7%
Median Household Income $75,833
College Educated 28.8%

High-Yield Neighborhoods for Investment

Identify Belvidere submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61008 $458.3K

Taxes & Financing

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Belvidere fall within the 50,000 to 100,000 square foot range.

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