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    Belvidere, IL
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    Belvidere, IL Hotels for Sale

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    Cherry Valley, IL Caledonia, IL Rockford, IL
    Redevelopment Opportunity in Belvidere, IL
    $850,000
    53,000 SF

    Redevelopment Opportunity in Belvidere, IL

    1345 North State Street, Belvidere, IL 61008

    84-room hotel redevelopment opportunity with car wash and motel.

    • 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
    Updated: Mar 6, 2023
    View details
    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.

    Prime Redevelopment Opportunity in Madison
    $10,000,000
    1.53 Acres

    Prime Redevelopment Opportunity in Madison

    1.534 acre lot with city approval for apartments/hotel.

    522 E Wilson Street, Madison, WI 53703
    View details
    Madison Hospitality Property for Sale
    Contact for pricing

    Madison Hospitality Property for Sale

    Hospitality property in Madison, Wisconsin, near the University of Wisconsin.

    5045 Eastpark Boulevard, Madison, WI 53718
    View details
    SureStay by Best Western in Thomson, IL
    $1,800,000
    24,336 SF

    SureStay by Best Western in Thomson, IL

    SureStay by Best Western and Sand Burr Run Golf & Resort in Thomson, IL

    5020 Illinois 84, Thomson, IL 61285
    View details
    SureStay by Best Western in Thomson, IL
    $1,800,000
    24,336 SF

    SureStay by Best Western in Thomson, IL

    SureStay by Best Western and Sand Burr Run Golf & Resort in Thomson, IL

    5020 Illinois 84, Thomson, IL 61285
    View details

    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.

    Rockton Commercial Land For Sale
    $550,000
    13.20 Acres

    Rockton Commercial Land For Sale

    13.2 acres of commercial land in Rockton, Illinois.

    Xxx N Main Street, Rockton, IL 61072
    View details
    Commercial Land Near Golf Course
    $550,000
    13.20 Acres

    Commercial Land Near Golf Course

    13.2 acres of commercial land near downtown Rockton, Illinois.

    xxx N Main, Rockton, IL 61072
    View details
    Beachfront Resort Development Opportunity
    $4,600,000

    Beachfront Resort Development Opportunity

    5.9 acres beachfront resort in Tambor Bay, Costa Rica.

    Clare, 60111
    View details
    Barrington Commercial Land Opportunity
    $4,250,000
    2.01 Acres

    Barrington Commercial Land Opportunity

    2.01-acre commercial site in downtown Barrington, Illinois.

    206 N Cook Street, Barrington, IL 60010
    View details

    Belvidere, IL Hotels Investment Opportunities Market Analysis

    Explore 1 hotels for sale in Belvidere, IL on our real estate platform. These investment opportunities span a total of 53,000 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for resorts in Belvidere, IL start at $850,000, averaging $850,000, and reaching up to $850,000 — 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

    Hotels 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    61008 $850K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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