Automotive

Belvidere, IL Automotive Properties for Sale

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Redevelopment Opportunity in Belvidere, IL
Updated: Mar 6, 2023
Redevelopment Opportunity in Belvidere, IL

1345 North State Street, Belvidere, IL 61008

$850,000
53,000 sqft 3.43 AC lot
High traffic location on thoroughfare
Redevelopment opportunity
9.42% CAP rate
Preliminary Holiday Inn Express plans available
Existing infrastructure includes a car wash (6 bays), 15 room motel, and owners house
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Belvidere, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Rockford Commercial Corner Opportunity
Rockford Commercial Corner Opportunity

3442 Merchandise Drive, Rockford, IL 61109

$3,200,000
2.02 AC lot

High-visibility commercial corner lot near interstate and airport.

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Rockford Commercial Corner Opportunity
Rockford Commercial Corner Opportunity

3442 Merchandise Drive, Rockford, IL 61109

$3,200,000
2.02 AC lot

High-visibility commercial corner lot near interstate and airport.

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Leased Automotive Building on Highway
Leased Automotive Building on Highway

9001 03 US Hwy 12, Richmond, IL

$435,000
4,000 sqft 0.80 AC lot

Two-unit automotive building with long-term leases and highway frontage.

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Automotive Building with Tenant Income
Automotive Building with Tenant Income

9001 US-12, Richmond, IL 60071

$435,000
4,000 sqft 0.90 AC lot

4,000 SF automotive building with existing tenant income.

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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.

Zoned Commercial General Development Land
Zoned Commercial General Development Land

N Main Street, Rockton, IL 61072

$550,000
13.20 AC lot

Commercially zoned acreage near Red Barn Golf Course and nearby housing, offering flexibility for a range of business uses.

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Commercial Land in Rockton, IL
Commercial Land in Rockton, IL

N Main, Rockton, IL 61072

$550,000
13.20 AC lot

13.2 acres of commercial land near downtown Rockton.

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Commercial Property in Wonder Lake
Commercial Property in Wonder Lake

7312 Hancock Drive, Wonder Lake, IL 60097

$300,000
0.31 AC lot

Commercial property available in Wonder Lake, Illinois.

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Commercial Land Near Retail
Commercial Land Near Retail

Lots 2-3 4 Northwest Highway, Cary, IL 60013

$599,832
1.97 AC lot

1.97 acre commercial development land near established retailers.

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Belvidere, IL Automotive Properties Market Trends and Statistics

Explore 1 automotive properties for sale in Belvidere, IL on our real estate platform. These investment opportunities span a total of 56,389 square feet of properties for sale, with an estimated market value of $3,350,000.

Sale prices for automotive businesses in Belvidere, IL start at $850,000, averaging $1,675,000, and reaching up to $2,500,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Car washes 1
Truck stops 1

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 $1.7M

Taxes & Financing

Average Loan-to-Value 65.0%

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