Belvidere, IL
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    Belvidere, IL Conventional Restaurants for Sale

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    Cherry Valley, IL Caledonia, IL Rockford, IL
    Belvidere, IL Applebee's Investment
    $1,729,000
    4,179 SF
    Belvidere, IL Applebee's Investment

    2126 Gateway Center Dr, Belvidere, IL 61008

    High-profile Applebee's location with NNN lease and annual increases.
    • Absolute NNN lease with 5 years remaining and 2% annual increases.
    • High‑traffic location off I‑90 with AADT of over 84,000 cars per day.
    • Strong retail corridor location next to Walmart Supercenter, Starbucks, Verizon, and Dunkin Donuts.
    • Newer 4,179 SF building built in 2015 on a 1.37 acre lot.
    • Five (2‑year) extension options available on the lease.
    Updated: Feb 25
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Belvidere, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Former Restaurant in Prime Location
    $2,350,000
    10,500 SF
    Former Restaurant in Prime Location

    Versatile space suitable for restaurant, retail, or healthcare.

    1591 Randall Rd., Algonquin, IL

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    Pistakee Country Club Redevelopment Site
    $1,290,000
    Pistakee Country Club Redevelopment Site

    Country club or redevelopment site near Chain O’Lakes Waterway.

    815 Bay Road, Mchenry, IL 60050

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    Freestanding Red Robin Investment Property
    $4,113,000
    6,970 SF
    Freestanding Red Robin Investment Property

    NNN leased Red Robin with rental increases in Algonquin, Illinois.

    441 S Randall Rd, Algonquin, IL

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    Versatile McHenry Property For Sale
    $849,900
    8,500 SF
    Versatile McHenry Property For Sale

    Spacious property suitable for religious, community, or event use.

    5603 Bull Valley Rd, Mchenry, IL 60050

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    Belvidere, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Belvidere, IL on our real estate platform. These investment opportunities span a total of 4,179 square feet of properties for sale, with an estimated market value of $1,729,000.

    Sale prices for conventional restaurants in Belvidere, IL start at $1,729,000, averaging $1,729,000, and reaching up to $1,729,000 — 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

    Bars & Pubs 3
    Conventional restaurants 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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