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    390 W Chrysler Dr Belvidere, IL 61008

    For Lease
    $1,450,000

    High-traffic retail space available in Belvidere, Illinois shopping center.

    Property size:
    13,260 SF
    Lot size:
    2.69 Acres

    Property Features for 390 W Chrysler Dr

    General Information

    Size
    13,260 SF
    Lot size
    2.69 Acres

    Source: GAMBINO REALTORS-Rkfd Agent Jennifer Berry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Belvidere Center

    Located in a shopping center anchored by a regional grocer, Fiesta Market, this property experiences high traffic with 15,000 vehicles per day. The center faces US 20 and has access from Pearl Street and Chrysler Drive. The surrounding area features strong residential development. There is 13,000 square feet of available space, which is divisible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belvidere
    County
    Boone
    State
    Illinois
    Longitude
    -88.8428657
    Latitude
    42.2395805

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      Retail Space in Belvidere Center

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      Belvidere Industrial Building Opportunity

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      Retail Space with Plumbing

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    FAQs

    What type of property is this?
    Shopping center - High-traffic retail space available in Belvidere, Illinois shopping center.
    Where is this shopping center located?
    The property is located at 390 W Chrysler Dr Belvidere, IL.
    What are key features of this property?
    This property features: - Located in a high-traffic shopping center (15k VPD) anchored by Fiesta Market.; - Faces US 20 with access from Pearl St. and Chrysler Dr.; - Surrounded by strong residential development.
    (815) 871-6156
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    390 W Chrysler Dr Belvidere, IL 61008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    390 W Chrysler Dr Belvidere, IL 61008
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